Blackstone related stories
All articles and analysis
Elevation Partners agrees first dealThe Silicon Valley-headquartered media and entertainment ‘venture buyout’ investor has agreed to acquire UK computer games developer Eidos for £71m.
- General Atlantic announces succession
In another high profile private equity succession, co-founder Steven Denning will relinquish his role as managing partner of the Greenwich, Connecticut private equity firm.
- Former Clayton pro made partner at TPG
Vincenzo Morelli, a former CD&R executive and latterly a consultant at turnaround specialists Alvarez & Marsal, has joined Texas Pacific Group in London.
- Celanese IPO price reduced amid weak demand
Although the initial public offering of the Blackstone portfolio company priced below initial expectations, the total proceeds of $800m will still provide a substantial dividend for the private equity firm.
- Blackstone head warns of mid-market crisis
Tony James of The Blackstone Group said in an interview with Bloomberg that there were ‘just too many’ middle market buyout firms in the US.
- Behrman Capital nabs Blackstone partner
The New York-and San Francisco-based private equity firm has named Simon Lonergan, a former managing director in Blackstone’s London office, to partner.
- Cypress adds Safety-Kleen CEO as partner
The New York private equity firm has hired industrial executive Ronald Rittenmeyer as a managing director to monitor the firm’s portfolio and lead investments in the industrial sector.
- Blackstone builds B2B media platform
The New York private equity firm has established a new platform with publishing veteran Robert Krakoff to invest in business-to-business communications and media companies.
- Blackstone offers €8bn for stake in Wind
The global buyout group has tabled an offer for a 63 percent interest in Italian telecommunications group Wind, valuing the business at €12.6 billion in what would be the largest ever European private equity deal.
- Blackstone completes movie double bill
Following its acquisition of Cine-UK in October, The Blackstone Group has agreed to purchase the UK assets of French cinema chain UGC in a transaction valued at around £200m.