Blackstone related stories
All articles and analysis
Private debt fund managers target $124bnAlmost 200 private debt funds are chasing combined commitments of $124 billion, according to PEI research, as managers look to exploit credit opportunities created by banks’ partial retreat from the market.
- Blackstone acquires Dutch administration firm
Waterland has sold Intertrust Group, which provides fund administration and tax advice services, for a reported €675m.
- PAI to exit KP Snacks
The French firm’s partial exit from United Biscuits, which it owned jointly with Blackstone, should help its efforts to raise a €3bn fund
- Permira hires former Lehman banker to challenge CVC
The two European buyout groups are both expanding into multi-asset managers with the launch of Permira’s debt team under Peter Combe, a former Lehman Brothers banker, according to a report.
- Rubenstein predicts $100bn buyout in two years
Carlyle co-founder David Rubenstein has predicted a $100 billion ($75.3 billion) buyout in two years and has dismissed the idea of a private equity bubble.
- Blackstone consolidates holiday sector with $1.4bn bolt on acquisition
Blackstone will consolidate its position in the holiday sector with a bolt on acquisition of rival company Worldspan, underlining the recent popularity of travel businesses.
- Apax on track with mega fundraising
The veteran European firm is hoping to hold a strong first close on its latest fund in the first quarter of 2007, consolidating its position as Europe’s number one fee-payer and a leading buyout player.
- Private equity sponsors eye pending $1bn Indian deal
The Blackstone Group and The Carlyle Group and Singapore’s Temasek Holdings are reportedly keen to acquire a stake in a new tower management subsidiary of Reliance Communications, one of India’s largest telecommunications operators.
- How hard is a hard cap?
In the last two months four private equity funds have blown through their hard caps, which, Helix Associates’ Ian Simpson says, demonstrates general partners’ growing weakness to the smell of money.
- Bigger Than Blackstone
According to Private Equity Real Estate, the supersized war chest points to the continued influence of private equity firms on real estate around the world.