Blackstone related stories
All articles and analysis
Metrick to leave Blackstone for CenterbridgeIR veteran Maryfrances Metrick will join the Blackstone spin-out in October amid fundraising for the firm’s second fund, targeting $3.75bn.
- News analysis: Blackstone has deep IR bench
Four senior managing directors and 73 total investor relations professionals will remain following the departure of 13-year IR veteran Maryfrances Metrick.
- California passes placement agent bill
Placement agents that work with California’s public pension funds will be required to register as lobbyists, putting an end to fees based on the success of a fundraising.
- Testing boundaries
With two RMB fund launches, TPG has joined firms like Carlyle and Blackstone in throwing itself wholeheartedly behind an untested and pioneering private equity vehicle, writes Jenny Blinch.
- Blackstone eyes Center Parcs listing
The US firm is reportedly considering a public listed entity for its Center Parcs assets in the UK to help smooth a potential majority sale to M&G Investments, the fund management group owned by British insurer Prudential
- Blackstone secures City of London tenant
The Blackstone Group and joint venture partner British Land have signed a deal with existing tenant Swiss bank UBS that ensures its continued presence at their Broadgate office complex
- Blackstone’s real estate portfolio soars in recovery
The firm’s sixth real estate fund, which collected $11bn in 2008, has recovered from its lows of about 46 cents on the dollar to about 85 cents on the dollar, Steve Schwarzman said during an earnings call Thursday.
- TPG to raise $736m for China
TPG will join the ranks of other Western firms raising RMB-denominated funds, including Carlyle, KKR and Blackstone.
- Blackstone eyes Morgan Stanley Japan loans
The New York-based private equity real estate firm is looking to buying a pool of distressed loans from Morgan Stanley’s balance sheet, with a face value of more than $1.1bn and backed by 30 properties in the greater Tokyo area.
- Blackstone brings BoA Merrill Lynch ‘third party’ exit closer
In the latest sign that the investment banking sector is withdrawing from managing private equity real estate funds, Bank of America Merrill Lynch has agreed a deal to hand over the management of the assets in its $2.65 billion Asian Real Estate Opportunities Fund and other real estate assets to The Blackstone Group.