RBC Capital upgrades Persimmon stock rating to Outperform on site growth 

From their homes in Argentina, the pitch investors heard from Fernando Plastino sounded like a winner. They were asked to pour cash into property thousands of miles away in Baltimore through a fellow countryman living in the U.S. For a fee, Plastino and his companies promised to manage the properties, collect rent and pass on...

The credit arm of Tom Steyer’s asset management firm is targeting a niche corner of private dealmaking that’s been on a different trajectory to the rest of the market.