SWFI First Read, May 31, 2017

Anbang Insurance Group Acquires Doubletree by Hilton Amsterdam

China’s Anbang Insurance Group acquired the 557-room Doubletree by Hilton Amsterdam Central Station for roughly €350 million from The Blackstone Group. CBRE had advised Blackstone on the deal.

Tech Luminaries and Billionaires Raise Money for Change.org

San Francisco-based Change.org, a social for-profit petition platform, has raised US$ 30 million in funding from Linkedin founder Reid Hoffman, Bill Gates and Y-Combinator President Sam Altman. Reid Hoffman invested in Change.org back in 2014 as well.

PGGM CEO to Resign, Going for a New Role at a New Place

PGGM’s CEO Else Bos will step down from her role on November 1, 2017. PGGM’s supervisory board is taking a look at finding a successor to her. Bos is taking a role at a new organization.

ATP Goes Direct for Senior Housing Buildout

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