Blackstone related stories
All articles and analysis
Pomona closes Fund VIII on $1.75bn hard-capThe oversubscribed fund exceeded its $1.3bn target.
- KKR in 3x exit to Blackstone and Goldman Sachs
The sale of Ipreo comes three years after KKR acquired the financial software company from VSS.
- Blackstone Strategic Partners collects $1.5bn
The Blackstone affiliate is targeting $4bn for secondary investments.
- CPPIB, Onex seal $5.4bn exit to Blackstone
The sale of Gates Corporation will result in a 2.2x return multiple and 26% IRR for both CPPIB and Onex.
- Blackstone’s Asia PE head relocates to US
As Michael Chae returns to New York, Asia responsibilities are reassigned.
- Blackstone in €210m Versace deal
The firm fought off competition from other GPs including Investcorp and CCMP for a slice of the luxury fashion brand.
- Blackstone and GIC recap Kronos for $750m
The two groups join existing Kronos investors Hellman & Friedman and JMI Equity, which took the company private in 2007.
- No dice without liquidity
Private equity still hasn’t found a route into retail money. Will it ever?
- Hg books 2.1x from Manx Telecom IPO
The firm’s Fund 6 has generated a 2.6x return and a 40% gross IRR from its five exits to date.
- Blackstone caps Tact Opps at near $5.5bn
The firm has posted strong results for 2013, with total AUM up 26% to a record $266bn.