Blackstone related stories
All articles and analysis
- LPs disagree over Blackstone megafund
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.
- Congressman launches PE blog(2)
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’.
- Blackstone makes first investment in China
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.
- Buyout firms generate record IPO volume(3)
Private equity-backed IPOs have hit record levels of $32.4bn this year, according to data provider Dealogic, despite heavy criticism for the performance of high-profile offerings like Sports Direct and private equity-backed Debenhams.
- Water Street merges medical device manufacturers
Water Street Healthcare Partners has financed the merger of gastroenterology diagnostic device manufacturer Alpine Biomed and the neurological diagnostic device business of Medtronic.
- Blackstone to make $500m pharma investment(2)
Set to bolster its pharmaceuticals portfolio, Blackstone has agreed to make a $500 million minority investment in Florida-based Stiefel Laboratories.
- Blackstone closes $21.7bn mega fund
Blackstone has surpassed Goldman’s record for the biggest private equity fund raised to date, with the closing of its fifth fund on $21.7 billion.
- Buyout firms drive second quarter US IPO numbers
Private equity-backed IPOs dominated second quarter figures, according to the latest data, and the pipeline for the rest of the year looks strong despite turmoil in the credit markets.
- Buyout firms generate record IPO volume(2)
Private equity-backed IPOs have hit record levels of $32.4bn this year, according to data provider Dealogic, despite heavy criticism for the performance of high-profile offerings like Sports Direct and private equity-backed Debenhams.
- Tchenguiz blocks Sainsbury’s bid(3)
The real estate entrepreneur has reportedly rejected Delta Two’s offer of £6-a-share, leaving the Qatari firm scrambling to increase its offer.