November 30, 2007 - Middle Easterners Ready to Pounce on U.S. Media
TheStreet.com
Middle Eastern investors are interested in more than just plowing money into U.S. financial firms such as Citigroup(C - Cramer’s Take - Stockpickr). They’re looking to break into the U.S. media arena, normally the domain of heavy hitters including Rupert Murdoch.
Commercial real estate investment firm Blumberg Capital Partners is planning to launch its first fund [...]
- Real Estate Investment Firm Blumberg Capital To Launch Petrodollar-Backed $1.5 Billion Media Fund
paidContent.org
With capital from the Middle East rapidly being directed to US industry, it only makes sense that some of it should head towards media. Commercial real estate investment firm Blumberg Capital Partners is gearing up to launch a media-focused fund, with much of its funding coming from Mid-East investors, reports TheStreet.com. According to CEO Philip [...]
