Blackstone related stories
All articles and analysis
Four mega-firms to form lobbying groupCarlyle, Blackstone, KKR and TPG are in preliminary talks on forming a trade group for buyout firms.
- Blackstone unlikely to submit new HCA bid
A source close to the matter said the firm has been looking at HCA for a few weeks, but is unlikely to submit a competing offer.
- Blackstone and KKR target GUS units
Blackstone and KKR are understood to be pursuing an interest in two retail units owned by GUS, despite a recent announcement by the UK retail group to demerge the businesses.
- Blackstone doubles in 12 months
The New York alternatives giant has raised roughly $30bn over the past 12 months, approximately half of the roughly $63bn it has raised in its 20 years in business. However, the firm’s total assets under management are dwarfed by major traditional asset management companies.
- GI Partners acquires Spirit Group portfolio
The US and UK-based investor has paid £571m for 290 managed pubs from Punch Taverns, its largest deal in Europe to date.
- Blackstone closes fund on $15.6bn
The new vehicle will be the world’s largest buyout fund, setting a new record as rival firms prepare close in on similar megafunds. Already, the new fund is 25 percent committed to deals.
- Blackstone and KKR abandon Univision bid
The private equity consortium competing with Televisa to acquire the company has abandoned its effort, purportedly because of a dispute over how much to bid.
- Blackstone hits $5.25bn for real estate
The New York-based firm has closed on the largest private equity real estate fund ever raised.
- Permira closes world’s largest buyout fund on €11bn
The London-based buyout firm is closing the biggest fund of all time, although its time in the sun is likely to brief with KKR, Texas Pacific and Blackstone all scheduled to hold final closes soon that will re-write the record book.
- Blackstone’s Cineworld postpones IPO plans
UK cinema group Cineworld, a portfolio company of US private equity firm The Blackstone Group, has announced that its £450m planned flotation later this month has been postponed.