Private Equity
Already the owner of 100,000 hotel rooms globally, the buyout firm is adding another 480,000 to its portfolio through the acquisition of legendary hotel group Hilton.
2 min read · 04 January 2013
The New York-based firm’s latest fund closed on nearly twice its initial target.
2 min read · 04 January 2013
The Blackstone Group is said to be mulling a $400 million investment in China’s largest petrochemicals company. The news follows a disappointing NYSE debut for Blackstone’s management company, in which the Chinese government invested $3 billion.
1 min read · 04 January 2013
Four directors have been appointed at UK government-backed emerging markets fund of funds CDC, as the business continues to diversify its investment activities.
2 min read · 04 January 2013
RREEF and H&Q Asia have launched a joint venture to develop Hilton hotels in China.
2 min read · 04 January 2013
The Blackstone Group is said to be mulling a $400 million investment in China’s largest petrochemicals company. The news follows a disappointing NYSE debut for Blackstone’s management company, in which the Chinese government invested $3 billion.
1 min read · 04 January 2013
Apollo Management is reportedly in a dispute over the valuation of the firm in its attempt to sell a 10 percent stake to the Abu Dhabi Investment Authority.
2 min read · 04 January 2013
Apollo Management is reportedly in a dispute over the valuation of the firm in its attempt to sell a 10 percent stake to the Abu Dhabi Investment Authority.
2 min read · 04 January 2013
CDC has committed $100 million to two China-focused funds – CDH China Fund III and CITIC Capital Partners’ maiden China fund.
2 min read · 04 January 2013
Kuwait investor Global Investment House has bought Saudi Arabian textile business Ajlan Bin Abdulaziz Al Ajlan & Brothers ’Ajlan. The company’s value corresponds to roughly two thirds of its revenues.
1 min read · 04 January 2013
