Blackstone related stories
All articles and analysis
Congressman launches PE blog(3)US Congressman Thomas Reynolds, a pro-private equity Republican from New York, has launched his own private equity campaign to ‘frame the issue before it’s framed by opponents’.
- Skatter quits JP Morgan for TPG(3)
The Wall Street bank has made a number of internal promotions as it looks to fill the void left by the departure of global co-head of mergers and acquisitions Dag Skattum, who is joining buyout firm TPG as a partner.
- Blackstone says Senate bill would significantly devalue firm
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.
- Blackstone’s second quarter earnings triple
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.
- Apax looks to China for management company investment
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.
- Skatter quits JP Morgan for TPG(2)
The Wall Street bank has made a number of internal promotions as it looks to fill the void left by the departure of global co-head of mergers and acquisitions Dag Skattum, who is joining buyout firm TPG as a partner.
- Piper makes 6x return from Las Iguanas
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.
- Skatter quits JP Morgan for TPG
The Wall Street bank has made a number of internal promotions as it looks to fill the void left by the departure of global co-head of mergers and acquisitions Dag Skattum, who is joining buyout firm TPG as a partner.
- Blackstone to make $500m pharma investment(3)
Set to bolster its pharmaceuticals portfolio, Blackstone has agreed to make a $500 million minority investment in Florida-based Stiefel Laboratories.
- TH Lee launches credit arm with $500m
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.