Blackstone related stories
All articles and analysis
Blackstone to invest $65m in Indian nuclear engineering firmBlackstone has agreed its sixth deal in India this year, a $65 million investment in an engineering firm that works with nuclear power, aerospace and defence clients.
- Blackstone, Fortress stocks hit new lows
Bleak economic data has sent US stock markets tumbling – taking Blackstone and Fortress along with – one day before markets close for the Thanksgiving holiday.
- Apax looks to China for management company investment(2)
The head of European buyout firm Apax Partners, Martin Halusa, has visited China in an attempt to secure backing from the government’s sovereign wealth fund.
- TH Lee launches credit arm with $500m(2)
US buyout firm TH Lee has created a credit fund with $500 million in commitments and a dedicated credit division staffed largely by ex-AIG executives, including AIGGIG’s former head of private placement, Sam Tillinghast.
- Blackstone makes first investment in China(4)
The Blackstone Group has taken a minority stake in a subsidiary of the state-owned China National Chemical Corporation, as it continues to build relations with the Chinese government.
- Report: BlackRock founder offered top spot at Merrill
Laurence Fink, former Blackstone partner and founder of publicly traded investment firm BlackRock, has reportedly been offered the chief executive position at Merrill Lynch. Fink is also said to be a candidate for the same job at Citi, as both US banks seek to replace CEOs in the wake of multibillion dollar write-downs.
- PE pros fill Forbes 400(4)
More than two dozen of this year's 400 richest US citizens owe their fortunes to private equity.
- Blackstone redirects focus to Asia, PIPEs
Blackstone reported a $113.2 million loss in the third quarter stemming largely from IPO-related costs. However, its president, Tony James, remained sanguine about the firm’s performance and its ability to shift focus amid credit market volatility affecting LBOs.
- Blackstone makes first investment in China(3)
The Blackstone Group has taken a minority stake in a subsidiary of the state-owned China National Chemical Corporation, as it continues to build relations with the Chinese government.
- Blackstone makes first investment in China(2)
The Blackstone Group has taken a minority stake in a subsidiary of the state-owned China National Chemical Corporation, as it continues to build relations with the Chinese government.