Blackstone related stories
All articles and analysis
Patria moves to first close with $1bnThe firm, which is 40% controlled by Blackstone, is expected to hit its hard-cap of $1.2bn by July.
- Centerbridge nears final close on Fund II
The firm, run by Mark Gallogly (pictured) and Jeffrey Aronson, will hit the hard-cap of $4.25bn on the second fund, which launched in July and had collected $2.5bn by January.
- LPs, GPs and the defined benefit plan debate
Some US public pensions may be moving toward policies to monitor or punish GPs that support the restructuring of public employee benefits plans – but their focus is misplaced, writes Christopher Witkowsky.
- Blackstone works to expand LP base
The listed firm has identified 1,200 potential LPs, which it will try to recruit into its funds. Blackstone has collected $15bn for its sixth fund, which is set to close.
- Blackstone holds first close for RMB fund
The US buyout firm has collected an undisclosed amount for its debut RMB-denominated fund, launched in August 2009 with a target of RMB5bn.
- Blackstone’s revenues soar in first quarter
The listed firm’s investment funds increased in value across all asset classes, driving increases in revenues. The firm has about $17bn of uncalled private equity capital.
- GIC buys into second Western GP
GIC has reportedly teamed up with Kuwait Investment Authority to buy a 4.5% stake in David Bonderman-led TPG Capital. The sovereign fund bought a stake in Apax in 2009.
- Don’t sour on private equity
Private equity firms have a role to play in infrastructure. They might just have to tweak some of the ways they do business, argues Cezary Podkul.
- Blackstone infra team to spin out
Senior managing directors Michael Dorrell (pictured) and Trent Vichie will form an independent shop that will continue fundraising and retain about $400m in existing commitments.
- Blackstone: RE trumps PE
Tony James said the real estate investment business had ‘several advantages’ over private equity.