Blackstone related stories
All articles and analysis
Blackstone mulls Sallie Mae bid(2)Alternative asset manager The Blackstone Group is reportedly preparing a bid for US student loan provider Sallie Mae, once it resolves its dispute over a JC Flowers-led consortium’s abandoned $25 billion bid.
- Blackstone enters pole position in Close bidding
The US investment firm is the most prominent interested party in the bidding for UK investment bank Close Brothers and it is reportedly lining up a quick sale of the bank’s assets upon acquisition.
- Blackstone nabs Host Hotels head for Hilton(3)
A week after completing its $20 billion buyout of Hilton, Blackstone has hired Chritopher Nassetta as the company’s new president and CEO.
- Blackstone hires former H&Q pro(4)
Former H&Q Asia Pacific managing director Andrew Kuo has joined The Blackstone Group’s growing Hong Kong staff as a managing director for greater China.
- DIC buys 9.9% stake in Och-Ziff(2)
Dubai International Capital, the alternative asset manager, has acquired a stake in US hedge fund Och-Ziff Capital Management in advance of its impending flotation. The hedge fund manager is the latest of numerous firms to receive backing from a state investor.
- Blackstone hires former H&Q pro(3)
Former H&Q Asia Pacific managing director Andrew Kuo has joined The Blackstone Group’s growing Hong Kong staff as a managing director for greater China.
- Teachers’ may drop C$52bn BCE buyout
Should courts rule that BCE’s purchasing consortium must buy out the telecom’s disgruntled bondholders, Ontario Teachers’ has said the largest LBO agreed to date may fail.
- Financial sponsors table low-ball Migros bids
The private equity firms bidding for the Turkish supermarket have tabled lower than expected bids, although should the deal complete it will be one of the largest European buyout financed since the problems in the credit markets became apparent.
- Actis plans $250-300m Indian RE fund
The private equity firm is reportedly planning its first India dedicated real estate fund, targeting investors from the US, Europe and Asia.
- Blackstone nabs Host Hotels head for Hilton(2)
A week after completing its $20 billion buyout of Hilton, Blackstone has hired Chritopher Nassetta as the company’s new president and CEO.