Blackstone related stories
All articles and analysis
Blackstone-backed Cineworld to IPOThe UK’s second largest chain of cinemas intends to float on the LSE next month with a reported enterprise value of £450m.
- EQT buys triple play cable company
The Nordic buyout firm has reportedly paid €1.3 billion to acquire German television, broadband and telephony provider Kabel BW from Blackstone and Caisse de Depot et Placement de Quebec.
- Blackstone asks LPs for more
At its annual meeting, Blackstone told limited partners it wants to raise its fund cap to nearly $15bn, and is studying the possibility of a public vehicle.
- Banking fees from private equity 19% down
Goldman Sachs Capital Partners led the financial sponsors’ global rankings for banking fee revenue in the first quarter of this year, accounting for 5.2 percent of market share.
- Schwarzman: SOX is ‘worst thing’ for US
In a joint interview with Blackstone’s Stephen Schwarzman and Carlyle’s David Rubenstein aired yesterday on US public television, Schwarzman called the Sarbanes-Oxley Act the ‘best thing that’s happened to our business and one of the worst things that’s happened to America’.
- Gearing up for rejection
Private equity firms are having trouble spending the record sums being raised, especially when it comes to European public-to-privates. Robert Venes reports.
- SAC nabs Blackstone mezz pro
Hedge fund goliath SAC Capital Advisors has hired Blackstone mezzanine professional Mark Gudis to create a major new ‘flexible’ private debt platform.
- Blackstone to acquire 4.5% of Deutsche Telekom
The New York-based LBO giant is to pay €2.68bn to buy a minority stake in Germany’s largest telecoms group.
- Blackstone nabs Perry pro for hedge fund
Blackstone has hired Manish Mittal away from hedge fund giant Perry Capital to launch a long/short equity investment platform.
- Blackstone completes insurance buy
The Blackstone Group has completed its $1.6 billion purchase of niche insurance company UICI.