Blackstone related stories
All articles and analysis
Blackstone, CPPIB to bid on Canadian wireless spectrumThe Canada Pension Plan Investment Board has teamed up with Blackstone and a Canadian telecom company to bid in an upcoming spectrum auction. The consortium has deposited $340 million toward that end.
- Blackstone recruits former Kingfisher boss
Gerry Murphy, who resigned as head of the FTSE 100 home improvement retailer last year, has joined the global investment firm.
- Listed US firms end dismal week
Blackstone, Fortress and Och-Ziff stocks hit all-time lows Friday, as specialised vehicles affiliated with Carlyle and KKR faced problems ranging from fair value write-downs to margin calls and default notices.
- SVG writes down Permira deals to tune of £67m
The listed alternative asset manager incurred losses on its investments in four Permira portfolio companies last year, but its fund management business grew and Permira made ten profitable realisations.
- Celebrating difference
With large LBO firms grabbing the limelight and most of the capital, life can be tough for mid-market GPs on the fundraising trail. Andy Thomson finds that the sophistication of the marketing pitch often holds the key to success or failure.
- Blackstone closes record $10.9bn real estate fund
The private equity firm’s ninth real estate fund – the largest ever private equity real estate fund raised – will take advantage of current market dislocation.
- Blackstone, First Reserve, Petroplus team up in $2bn venture
The oil and gas sector is undiminished despite significant problems in most other areas of the buyout universe.
- Schwarzman: economic change driving fear of private equity(2)
Blackstone chairman and co-founder Stephen Schwarzman has spoken out in the industry’s defence, championing private equity as “a force for good”.
- Global firms dominate the PEI Awards
In spite of the credit crunch, the global mega funds took centre stage in the Private Equity International Awards 2007. Mid-market resilience also found favour with voters in the only truly democratic private equity awards.
- Big buyout activity collapses
Investment banking revenues from buyout firms have plummeted and deal volume was down by 65 percent in a malignant quarter for mega-buyout firms.