Blackstone related stories
All articles and analysis
Oaktree IPO augurs ill for CarlyleOaktree’s eargerly-awaited IPO priced at the bottom of its range and failed to sell as many shares as planned, raising $387m. For Carlyle, set to begin its IPO roadshow next week, the lacklustre demand will give it pause for thought.
- CVC recruits Goldman's leveraged finance head
Stephen Hickey will join as chief risk officer of newly formed CVC Credit Partners, as the London firm bolsters its debt capabilities.
- Blackstone appoints France chairman
Blackstone France, the US group's Paris-based advisory team, has appointed former French ambassador to NATO Gerard Errera as chairman.
- Blackstone sees tough market for realisations
The firm’s $48bn PE business is unlikely to see a ‘wave’ of realisations given market conditions, president Tony James admitted, as Q2 net income fell by 75% from last year's figure.
- Blackstone company accuses US DoT of discrimination
Blackstone portfolio company American Petroleum Tankers is suing the Department of Transportation, alleging a loan application was being held up due to its ownership by a PE firm.
- Blackstone names Baratta head of global PE
Joe Baratta’s new role, effective immediately, comes less than two years after he was asked to step up to lead the firm’s European private equity group.
- PE, VC execs give millions to Romney 'super PAC'
Seventy one individuals from firms including KKR and TPG have donated more than $8.2m to an independent committee dedicated to helping Mitt Romney win the US presidential election.
- GSO launches latest credit fund with $835m IPO
Blackstone's credit arm GSO Capital Partners has launched a new strategic credit fund that will invest in loans and fixed income instruments, primarily in the US.
- Kansas commits $50m to GSO
Kansas has committed $50m to GSO Capital Solutions Fund II, which will target rescue lending opportunities.
- HIG launches debt arm in Europe
HIG Capital has launched a European operation of its fledgling credit arm, HIG WhiteHorse, in a further sign that private equity groups are looking to tap into the market for private debt.