Blackstone related stories
All articles and analysis
Amalgamated builds up PE lending armThe bank’s transition into asset-based lending for private equity-backed deals could be part of a niche financing trend for medium sized banks, says Amalgamated investor Wilbur Ross.
- Blackstone hires ex-Future Fund exec
Paul Costello has joined the global alternatives group as non-executive chairman to grow its Australasian business.
- Blackstone records sharp losses in Q3
Blackstone CEO Stephen Schwarzman said the firm’s LPs reaffirmed their confidence in Blackstone by increasing their commitments in Q3. The firm has a record $33.4bn of dry powder.
- Augusta Columbia hires TPG executive
David ibnAle has experience working with the firm’s co-founder, former Blackstone Group managing director Chip Schorr, who launched Augusta Columbia in a spin-out from Blackstone earlier this year.
- Blackstone bites into first NZ deal
The global firm has agreed to buy Burger King’s New Zealand operator from Anchorage Capital Partners.
- GSO raises billions in hot mezz market
Blackstone-affiliate GSO Capital Partners has collected more than $2bn for its second mezzanine fund. GSO's fund will compete with other mega-firms that have raised capital to take advantage of the tight credit markets.
- Hand-to-hand combat in Brazil
Brazilian pensions may become an integral stop on the private equity fundraising trail, but competition for their commitments will be fierce.
- Trade buyers dampen mid-market dealflow
Despite the mid-market losing momentum after an encouraging rally last year, the private equity industry could yet spring an upside surprise, writes Daniel Sasaki, managing director at LDC’s London office.
- Blackstone and HIG bolster debt arms through acquisitions
Alternatives managers the Blackstone Group and HIG Capital have both acquired debt management businesses in a bid to further expand their debt capabilities.
- Why Miliband's 'empty threat' matters
UK opposition leader Ed Miliband singled out private equity this week as an example of 'bad business'. The argument may have been weak, but the sentiment is significant.