Fund III is managed by BCP Credit, a New York private debt shop launched by BC Partners in 2017 with the hire of former Apollo executive Ted Goldthorpe.
3 min read · 30 January 2023
The credit fund and a similarly-focused equity fund are both expected to close in 2023, suggesting Blackstone may soon have as much as $13bn of dedicated capital for near-term energy transition investing.
2 min read · 26 January 2023
Adams’s promotion, the first such leadership appointment made internally, puts him in charge of the firm's deal origination team.
2 min read · 24 January 2023
The new vehicle comes almost two years after the closing of Fund X at $10.2bn, above an original target of $8bn.
2 min read · 23 January 2023
'A professional football player is going to play just as hard whether he makes $25m a year or $5m or $200,000,' Thoma told Buyouts. 'He's in it for the love of the sport.'
3 min read · 20 January 2023
The firm's experience with GSP 4.0, raised in six months, differs sharply from that of many GPs who are today compelled to keep their funds open longer due to cash-poor or overallocated LPs.
3 min read · 19 January 2023
US and European bases of operation will 'give us runway to continue doing what we’ve been doing', says PE chief Jim Pittman, including 'growing our book of directs'.
4 min read · 16 January 2023
Dyal Capital Partners V is by far the biggest GP stakes vehicle ever raised. It is 43% larger than the 2019-vintage Fund IV, which set the previous record.
3 min read · 11 January 2023
Dyal Capital Partners V is by far the biggest GP stakes vehicle ever raised. It is 43% larger than the 2019-vintage Fund IV, which set the previous record.
3 min read · 11 January 2023
In a statement issued this week, the firm said it had secured nearly two-thirds of PCM Fund II's target in a first closing.
3 min read · 22 December 2022
