Blackstone related stories
All articles and analysis
Blackstone eyes emerging markets LPsAsia, the Middle East and Europe are set to increase their alternative asset appetites, according to Blackstone CEO Stephen Schwarzman.
- Blackstone injects further $50m in Orbitz
The travel website, which went public in what was called ‘the worst IPO in 2007’, will use proceeds to pay down debt.
- Blackstone, Fortress report slight private equity gains
Blackstone’s private equity portfolio appreciated by 5% in the third quarter, while Fortress' private equity portfolio achieved pre-tax distributable earnings of $25m.
- Blackstone-backed plastics maker files $350m IPO
Graham Packaging's filing follows a failed $3.2bn reverse merger with Tom Hicks' SPAC, which instead chose to purchase NGP-backed Resolute Energy.
- Private equity firms eye Asian FIG deals
Bain and General Atlantic will submit bids estimated in the $1bn region for Morgan Stanley’s stake in CICC, while Blackstone and KKR are reportedly bidding for AXA’s stake in China’s Taikang Life.
- Foreign firms ‘wait and see’ on new China rules
Take up of the pilot policy to allow foreign ‘equity investment management enterprises’ in the Shanghai New Pudong Area has been low.
- Blackstone opens Chinese entity in Shanghai
The US private equity giant has officially launched its first RMB fund and signed an agreement with the state-backed Shanghai Lujiazui Financial Development Company.
- US charges 14, alleging insider trading on PE deals
An 'insider trading network' allegedly paid cash in exchange for tips on deals backed by Silver Lake, TPG, Hellman & Friedman and Blackstone.
- Intel Capital executive among insider trading defendants
Rajiv Goel, director of strategic investments at Intel Capital, was among six individuals that allegedly made $20m from insider trading linked to events including Blackstone’s buyout of Hilton Hotels.
- Citi fundraisers surface at Credit Suisse, Helix, BC Partners
Senior members of Citi’s disbanded fund placement team - including Andrew Wilbur and Laurent de Rosiere, former European co-heads - have moved on to other firms.