The New Ayatollah’s Overseas Treasure Trove
Iran’s Supreme Leader defies sanctions to build luxe investment portfolio
Welcome to Going Private, I’m Sinead Cruise and this is Bloomberg’s twice-weekly newsletter about private markets and the forces moving capital away from the public eye. Today, we explore reactions to BlackRock’s watershed move to cap exits from a $26 billion direct lending fund, sustained interest in Asia-Pacific private credit and Boaz Weinstein’s latest retail investor rescue bid. But first, we explore the luxe real estate assets amassed by Iran’s new Ayatollah. If you’re not already on our list, sign up here. Have feedback? Email us at goingprivate@bloomberg.net
Iran’s new Supreme Leader Mojtaba Khamenei oversees a sprawling global property empire including luxury homes in one of north London’s wealthiest neighborhoods, where local families have learned to live alongside empty mega-mansions harboring wealth for autocrats.