Blackstone related stories
All articles and analysis
US carry could get bit by Medicare, Social Sec.If carried interest is taxed as ordinary income in the US, as is proposed by a new bill in Congress, GPs will have to make Medicare contributions of 2.9 percent out of their carry.
- E&Y: US hottest country for PE/VC investments
Factors including taxation levels, depth of capital markets and corporate governance make the US, UK and Canada most attractive for investment, according to a recent study.
- Permira chips away at portfolio leverage
The private equity firm is nearing a deal to reduce the debt burden on fashion house Valentino by €730m, while talks continue with lenders to gaming group Gala Coral.
- Bridgepoint, Axa place €600m bet on Snai
The two firms are looking to carve out the gaming operations of Italian-listed leisure group Snai at the same time that Blackstone is reportedly vying to take control of Gala Coral.
- Happy hiring
Layoffs across private equity has meant been a boon for those firms fortunate enough to be in hiring mode. In addition, existing contracts with service providers are being renegotiated.
- Blackstone stocks freezer with $1.3bn deal
Vestar Capital has sold Birds Eye seven years after leading a $175m recap of the frozen food company. It marks Blackstone's fourth US private equity deal this year.
- Panel: Clock is ticking on equity deployment
Private equity firms spent 2009 strengthening portfolios and are now looking to invest large amounts of dry powder, a panel in New York told delegates.
- Firms plead ignorance in NJ donation breach
Blackstone, Centerbridge and Welsh Carson will not see commitments from New Jersey yanked following revelations that the firms unwittingly broke campaign donation rules.
- Blackstone to sink $65m into Indian rail logistics
The global private equity firm will acquire up to 49.9% of Gateway Rail Freight in its second Indian logistics deal.
- Report: Four firms on shortlist for BellSystem24
Permira, Bain Capital Asia, and a partnership of CVC Asia Pacific and the Blackstone Group have all reportedly submitted final round bids for the Japanese telemarketing company, which has been valued at between $1.1 billion and $1.7 billion.