Blackstone related stories
All articles and analysis
Blackstone reaches $12bn on second closeThe US-based private equity firm’s fifth fund is well on its way to reach its target of around $13 billion.
- KKR eyes Asia
In the same week that Blackstone announced plans to open an office in India, KKR is reportedly considering its first Asian investment – an $800m stake in Samsung Life Assurance.
- Blackstone, Bain join Chinese Maytag bid
The two private equity giants have teamed with Haier Group, China’s largest maker of household appliances, in a $1.28 bid for Maytag, a struggling US maker of washing machines that already has a buyout deal inked with Ripplewood Holdings.
- BC Partners closes record fund
Days after the official launch of Blackstone’s $11bn fund, BC Partners has closed the largest-ever European buyout fund on “over €5.5bn”.
- Global PE deals near $500bn mark
Private equity-backed M&A increased markedly in 2005 with Europe seeing the lion’s share of deal volume.
- LPs stampede new hybrid fund
Centerbridge Capital, the new private equity/distressed firm formed by Blackstone vet Mark Gallogly and Angelo Gordon vet Jeffrey Aronson, has already received more than $2 billion in interest from limited partners.
- PE-backed Coral outstrips competition
A survey of the UK’s 100 largest unquoted companies has found that just under half are controlled by private equity firms as take privates hit record highs.
- Elevation in $100m Homestore PIPE
Days following the announcement of its debut deal, private equity firm Elevation Partners has announced an agreement to buy $100m worth of convertible preferred stock in Homestore, an Internet real estate services company.
- Blackstone opens Mumbai office
The New York-based private equity firm is opening an office in India, as well as earmarking $1bn for investment in the country.
- Blackstone nabs “superstar” from CVC
The private equity firm has hired Chip Schorr, a nine-year veteran of CVC Equity Partners and a “superstar in his field”, to oversee all of the firm’s technology related investments.