Blackstone related stories
All articles and analysis
GCP in sweet 4x exit to BlackstoneThe UK-based firm has agreed to sell a 40% stake in confectionery company Tangerine to The Blackstone Group for approximately £120m (€134m; $193m).
- SEC interrogates Blackstone
The US securities watchdog requested the Steve Schwarzman-led firm provide more details of executive compensation and a class-action lawsuit tied to the firm’s 2007 public listing.
- Oaktree files for $100m IPO
Oaktree will join peers such as Blackstone, KKR and Apollo with a public listing it said would allow it to transition beyond its founders, Howard Marks (pictured) and Bruce Karsh.
- Extended Stay creditors sue Blackstone
Creditors for the hotel chain claim Blackstone and real estate firm Lightstone Group left the company insolvent, and are seeking $8bn.
- PSERS commits $720m to PE and RE
The $51bn pension plan has approved commitments of up to $220m to three private equity funds and up to $500m to two real estate funds.
- In the dock, again
The past week or so has shown that the days of labour unions and politicians painting private equity firms as evil asset strippers haven’t passed – and threaten to undo much of the industry’s good work over the past few years in improving its public image, writes Oliver Smiddy.
- Blackstone infra team spins out
The Blackstone Group’s infrastructure team will rebrand as Stonepeak Infrastructure Partners, which will be led by Michael Dorrell (pictured) and Trent Vichie.
- LPs need to stand up for private equity
At PEI's Responsible Investment Forum in New York last week many limited partners applauded GPs' efforts to enhance environmental, social and governance policies -- they ought to do so publicly more often, writes Christopher Witkowsky.
- Blackstone sells stake in Universal Orlando
NBCU will pay $1bn to buy Blackstone's 50% stake in the theme park, which the firm reportedly acquired for $275m in 2000.
- Blackstone in £385m BPO exit
The listed firm has agreed to sell Mumbai-headquartered business process outsourcing firm Intelenet, whose customers include Barclays, State Bank of India and Travelport.