Blackstone related stories
All articles and analysis
Blackstone plans major hedge fund moveBlackstone Group, the New York-based alternative asset manager currently raising a $13bn private equity fund, is planning to muster as much as $10bn for hedge fund investment.
- Blackstone completes La Quinta buy
The Blackstone Group has finalised its purchase of Dallas-based La Quinta Corp., paying $3.4bn for the hotel operator.
- From bubbles to bigger bets
A few months after CalPERS chief investment officer Mark Anson warned of a private equity “bubble”, the board of the California pension fund will soon decide whether to give him more autonomy in making private equity allocation decisions. By Paul Fruchbom
- PE firms consolidate stakes in US exchanges
Blackstone and Battery Ventures have made a bid for the New York Mercantile Exchange, while General Atlantic looks set to gain a foothold in the NYSE.
- CVC launches €1.4bn retail takeover
The European private equity firm has launched a €1.4bn agreed takeover bid for Spanish clothing retailer Cortefiel on top of its bid for cable and wireless group Auna.
- Trio in $1.2bn radio deal
The Blackstone Group, Bain Capital and Thomas H. Lee Partners have teamed up with Cumulus Media to acquire Susquehanna Radio in $1.2bn deal.
- Apax, Permira to launch £400m satellite IPO
Satellite operator Inmarsat Group has announced plans to float on the London Stock Exchange on June 17th in an IPO valuing the company at over £1bn.
- Behrman Capital nabs Bessemer partner
The private equity firm has hired Rodney Cohen, a former partner with Lindsay Goldberg & Bessemer, just a few months after luring another partner from Blackstone.
- Blackstone exits Columbia House
The Blackstone Group sold CD and DVD direct retailer Columbia House to media company Bertelsmann for $400m.
- Blackstone buys La Quinta for $3.4bn
The Blackstone Group has tracked down another hotel deal, this time acquiring the Dallas-based La Quinta chain in a $3.4bn transaction.