Blackstone related stories
All articles and analysis
KKR hires ex-HSBC chiefThe US buyout firm has given Sir John Bond, the former group chairman of the UK’s largest bank, a role as special adviser to help develop its business, particularly in Asia.
- Buyout bigs back $11bn orthopedic deal
Blackstone, Goldman Sachs, KKR and TPG have agreed to take private Biomet, a maker of replacement joints, alongside the company’s founder. At the same time, Biomet is investigating stock option back-dating practices approved by senior management.
- Private equity trio to sell educational publisher
Thomas H. Lee, Bain Capital and Blackstone have agreed to sell Houghton Mifflin for $3.4bn to a newly formed Irish public limited company.
- James: Deals abound in risky Europe
Blackstone’s president Tony James gave a speech Thursday, touching on issues including public pensions' need for private equity, GP-LP relationships and the US presidential election.
- Wisconsin shops $720m portfolio
The state investment board wants to reduce its exposure to the largest funds in the market and is selling stakes in funds managed by KKR, Charterhouse, Carlyle and Blackstone.
- Don’t be a slave to the slides
Data points and statistic-filled slide decks are important tools, but panellists at our Investor Relations Forum last week reminded peers that the power of storytelling – both with LPs and the general public – must not be forgotten.
- LPs increasingly turn attention to Latin America
The macro-economic story in much of Latin America makes it an especially attractive destination for private equity dollars, and institutional investors who have had appetite for Asia should explore the region, writes TorreyCove Capital Partners, led by David Fann.
- CalSTRS discusses limits for managed accounts
The $153bn retirement system may set a $500m maximum on individually managed accounts, according to an investment policy proposal.
- A Pyrrhic victory?
Limited partners got what they wanted from a successful mezzanine shop recently – but will their actions ultimately prove detrimental to returns?
- US private equity slumps in Q3
US private equity returned -4.3% during Q3 2011, while distributions outpaced contributions for the fourth straight quarter.