Blackstone related stories
All articles and analysis
On the Record: Paul Yang of China Development BankFounded more than 50 years ago, Taiwan-based China Development Industrial Bank has now launched a private equity arm, CDIB Capital International, which already has 14 investments based on a mainland China ‘corridor’ strategy. Paul Yang, president and chief executive of the Bank and founder and chairman of CDIB, explains their different approaches.
- Whitney to retire from Blackstone
Ken Whitney, who joined Blackstone in 1988, has long led the firm’s investor relations function, but also played a key role in helping launch business lines like real estate and corporate debt.
- Blackstone latest to target retail investors
The firm has a number of products aimed at the retail segment of the investment world, including an ETF launched in partnership with State Street earlier this month.
- Blackstone buys Credit Suisse's $9bn secondaries platform
The New York-headquartered firm is expanding its alternatives franchise with the acquisition of Credit Suisse’s 'Strategic Partners' group.
- Schwarzman anchors $300m China endowment
The Blackstone co-founder has donated $100m to create an endowment at Beijing's Tsinghua University. Advisors including Tony Blair, Henry Kissinger and Christine Lagard have signed on to the initiative, which aims to raise $300m.
- Tengram closes debut fund above target
The Connecticut-based firm launched its debut fund in 2011 and came in just under its $175m hard-cap. Tengram has invested roughly 20% of the fund to date.
- Blackstone sees demand for separate accounts
The firm has collected a total of $2.6bn for its Tactical Opportunities separately managed accounts business from US public pensions, sovereign wealth funds and retail investors.
- The evolution of secondaries
Different crises have led to evolutions of the secondaries market, none more so than the global financial crisis of 2008. The market today is more vibrant, diverse and integrated than ever before, write Jeff Hammer and Paul Sanabria (pictured).
- Former Blackstone executive joins Halder
Hanns Ostmeier, a former Blackstone executive, is likely to be a key man in the firm’s next fund, which could be raised in the course of next year.
- First Round: The Dirty (Dishes) Dozen
In March, the great and good of UK private equity descended on the Victoria & Albert Museum for the valedictory fundraising dinner of the Private Equity Foundation, an industry-backed group that supports and develops youth charities. As ever, the highlight was the blind auction, where guests bid generously for prizes donated by various buyout firms and managers.