Blackstone related stories
All articles and analysis
Blackstone gain helps AIG to bumper profit increase(2)While reporting bumper second quarter results, the world’s largest insurer revealed it made a profit of nearly $400 million when Blackstone floated in March.
- Blackstone nabs Goldman PR head(3)
Goldman Sachs’ director of media relations for the Americas, Peter Rose, is moving to Blackstone, where he’ll focus on public affairs.
- Piper makes 6x return from Las Iguanas(3)
Piper Private Equity has sold its minority stake in UK Latin American-themed restaurant chain Las Iguanas to Bowmark Capital for £27 million, registering a 6 times return with a 40 percent IRR over five years.
- LPs disagree over Blackstone megafund(3)
Limited partners and their advisors have conflicting views on the $21.7 billion Blackstone fund closed this week, disagreeing on whether its record-setting size means more problems or advantages for LPs.
- Blackstone’s second quarter earnings triple(2)
The US merchant banking group has tripled profits reporting “strong results” in its private equity, real estate, financial advisory and fund management businesses, despite watching its unit price fall 20 percent since the IPO.
- Blackstone stays positive despite harder conditions
Tony James, the US company’s president and chief operating officer, outlined its strategy to capitalise on tougher debt markets, including smaller deals and distressed debt investing, and warned that the credit environment may have a short-term negative impact on fees.
- Blackstone nabs Goldman PR head(2)
Goldman Sachs’ director of media relations for the Americas, Peter Rose, is moving to Blackstone, where he’ll focus on public affairs.
- Piper makes 6x return from Las Iguanas(2)
Piper Private Equity has sold its minority stake in UK Latin American-themed restaurant chain Las Iguanas to Bowmark Capital for £27 million, registering a 6 times return with a 40 percent IRR over five years.
- Blackstone nabs Goldman PR head
Goldman Sachs’ director of media relations for the Americas, Peter Rose, is moving to Blackstone, where he’ll focus on public affairs.
- Blackstone says Senate bill would significantly devalue firm(3)
The Blackstone Group has reportedly sent a letter to Congress that estimates the firm would lose as much as $10.5 billion of its $25 billion market value should proposed legislation regarding publicly traded partnerships become law.