Blackstone related stories
All articles and analysis
Blackstone floats satellite operatorSix months after its acquisition of New Skies Satellites, The Blackstone Group has taken the satellite operator public in a $200m IPO, valuing the firm’s equity at almost three times its initial investment.
- Blackstone sees $12bn in LP interest
The New York private equity giant is telling LPs that is has demand for as much as $12bn for its next private equity fund, currently in pre-marketing mode.
- Cinven buys French cable operator
Altice One, if combined with existing portfolio company Numéricable, would make Cinven the world’s largest owner of French language cable services.
- Providence buys into Spanish media group
Specialist private equity group Providence Equity Partners has secured a 25.5% stake in Retos Cartera, beating competition from Apax, Blackstone, Permira and PAI.
- Elevation does first deal
Elevation Partners, the entertainment- and IP-focused private equity upstart, has announced its debut deal – a proprietary, $300m merger and backing of two well known video game developers.
- Blackstone, Lion announce €1.85bn drinks deal
Acting as equal partners, private equity firms The Blackstone Group and Lion Capital are committed to buying the European soft drinks business of Cadbury Schweppes.
- Castle Harlan hires DLJ vet as vice chair
New York-based Castle Harlan has appointed Gary Appel as its new vice chairman. Appel is part of the DLJ fraternity and had previously worked alongside John Castle for a roughly eight-year span.
- Race for €12bn Spanish LBO gathers speed
A consortium comprising Apax, Blackstone and CVC has made a new offer for the Spanish telecommunications company Auna as rival KKR joins the fray.
- 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
- Hunter and not prey
Naguib Sawiris, the man behind the pending €12.2 billion acquisition of Italian mobile carrier Wind, has made sure private equity investors know his name. Profile by Jonn Elledge.