Blackstone related stories
All articles and analysis
Blackstone may float on Friday(3)Morgan Stanley has reportedly revealed Blackstone’s IPO pricing will be brought forward to Thursday and the units may go on sale as soon as Friday.
- Fortress drops 7% on tax worries
A day after two US senators unveiled proposed legislation to hike taxes for public partnerships, the share price of Fortress Investment has dropped. But one Washington observer put the likelihood that the Blackstone-inspired bill will become law at ‘one percent’.
- American Capital goes Hollywood with $100m film vehicle(2)
The publicly listed alternative asset manager will break into the movie business with a $100 million commitment to Oceana Media Finance, which provides financing for independent films.
- Stirling Square bolts on Austrian firm to 3SI(3)
Stirling Square Capital Partners, a mid-market buyout firm backed by Citigroup, has moved to consolidate the financial security market by making a European bolt-on acquisition for portfolio company 3SI Security Systems.
- KKR jumps on the go-public bandwagon(3)
Kohlberg Kravis Roberts is reportedly looking to join Blackstone as a listed company, while Apollo Management is also thought to be pursuing an offering
- Blackstone names head of public market activities(3)
Joan Solotar, previously managing director and director of equity research at Bank of America Securities, will manage relations with Blackstone’s public investors.
- BlackRock to buy Quellos FoF business for $1.7bn(2)
The publicly traded investment management giant will pay $1.7 billion in cash and stock for Quellos Group’s fund of funds business, giving BlackRock a $25.4 billion fund of funds platform.
- Buyout giants pull out of race for Coles
TPG, Carlyle and Blackstone have pulled out of the formal race for Coles, an Australia-listed retailing group, but their consortium has indicated an interest in discussing an alternative investment structure.
- Three Delta ups stake in Sainsbury’s to 25%(3)
The investment vehicle of Qatari property investment fund Three Delta has upped its stake in Sainsburys. The FTSE 100 listed UK supermarket’s shares leapt by nearly 5 percent, as speculation suggested a takeover bid was forthcoming.
- Blackstone may float on Friday(2)
Morgan Stanley has reportedly revealed Blackstone’s IPO pricing will be brought forward to Thursday and the units may go on sale as soon as Friday.