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This helps support the franchise, generates great returns for the house, and should increase enterprisevalue for both Sculptor and Rithm at the top of the house. This will generate solid returns and earnings for the business and good returns for our LPs and shareholders. This shows the power of our franchise.
Scott Murdoch of Reuters aslo reports Blackstone to buy Australia's AirTrunk in US$16 billion deal: Blackstone will buy Australian data centre group AirTrunk for an implied enterprisevalue of over A$24 billion ($16.10 The deal triggers a large performancefee for ASX-listed Macquarie Group, which manages the fund.
The commercial real estate business today is in one of those periods where we feel current capital deployment will be hugely rewarded down the road and being patient searching for the right investments will reward our shareholders. One last note on Ajax. Now, I'll refer to the deck, which has been posted online. market share.
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