Blackstone related stories
All articles and analysis
Blackstone in $4.7bn deal for US energy giant DynegyDynegy has a history of private equity transactions, including a $2.35bn deal in 2005 in which Warburg Pincus took over one of its subsidiaries.
- Blackstone to invest $300m in Indian energy
The firm is backing power developer Moser Baer, as part of its plans to reportedly invest up to $3bn in India over the next five years.
- Trailblazing Oregon
Oregon Investment Council’s fee stipulations have led the way among US pensions in demanding concessions from fund managers.
- Oregon commits $200m to Blackstone
The Oregon Investment Council has started a new private equity relationship with Blackstone as it contemplates cutting its next commitment to KKR.
- Blackstone offers 80% deal-fee share on Fund VI
The firm, which anticipates closing Fund VI on $13.5bn, agreed to an 80/20 transaction fee split for Oregon with a slight increase in management fees - a deal it's offering all the fund's LPs.
- Illinois Teachers’ to overhaul private equity
PCG Asset Management will help the $34bn pension rebalance its portfolio, selling older investments and ramping up exposure to international, secondaries and co-investments.
- Blackstone raises $13.5bn for Fund VI
The Steve Schwarzman-led firm, which reported a 35% rise in private equity profits over a six month period, will soon close its global buyout fund.
- Moody’s: Harrah’s not ‘out of the woods’
Apollo and TPG Capital-backed Harrah’s, loaded with $22bn of debt from its $27bn buyout in 2008, has eased its debt burden through recent refinancings but has not solved its problems, according to Moody's.
- Jordan Company exits medical supplier for $850m
GS Capital Partners and Clayton Dubilier & Rice are teaming up to buy Harrington Holdings from The Jordan Company, which first invested in the company in 2007.
- Blackstone collects half of RMB fund target
The Steve Schwarzman-led firm, which is targeting about $738m for its debut RMB fund, expects a final close by September.