Blackstone Group

Blackstone to Raise $5 Billion for Infrastructure Fund

Thirteen months after unveiling a gigantic pledge from Saudi Arabia’s sovereign wealth fund, Blackstone Group LP is nearing a first close of $5 …

Investing

Blackstone's BREIT to buy $1.2B EdR student housing through joint venture

Blackstone Real Estate Income Trust agrees to buy a Education Realty Trust (NYSE:EDR) student housing portfolio for $1.2B in a BREIT-led joint …

Real Estate

Market at a Glance - Bain headlines $18 bln Toshiba deal

Over the past two weeks, U.S.-based buyout and mezzanine funds added $4.9 billion in commitments, bringing 2018’s sum to $83.5 billion. This year’s …

Investing

NCR: The Blackstone Opportunity

The Blackstone Arrangements So Far: Good For Blackstone And Exiting Common Stock Holders; Not So Much For The Company And Remaining …

Investing

Australia's AMA Group calls off Blackstone deal after tax ruling, shares slide

Australia’s <b>AMA Group</b> (AMA.AX) said on Friday it has halted a deal to sell its vehicle panel repair arm to <b>Blackstone Group</b> (BX.N) for A$508 million …

IT

Blackstone adds two to new insurance solutions group

<b>Blackstone</b> has hired <b>Erich Schram</b> and <b>Kevin Relihan</b> for its new insurance solutions business. Schram will serve as the senior managing director, head …

Venture Capital

Blackstone's First-of-a-Kind India IPO Confronts Rate Jitters

About two years after Blackstone Group LP registered India’s first real estate investment trust, the private equity giant is close to taking it …

Real Estate

Blackstone to buy PSAV

<b>Blackstone</b> said June 19 that it agreed to buy <b>PSAV</b>. Financial terms weren’t announced. <b>Goldman Sachs</b> and <b>Olympus Partners</b> were the sellers. PSAV, of …

Venture Capital

Cylance procures $120 mln

Irvine, California-based <b>Cylance Inc,</b> a cybersecurity company, has secured $120 million in funding. The investors included funds managed by <b>Blackstone</b> …

Investing

LaSalle Hotel backs Blackstone bid, says Pebblebrook offer not superior: Reuters

U.S. hotel owner <b>LaSalle Hotel Properties</b> (LHO.N) on Monday sided with <b>Blackstone Group LP</b>’s (BX.N) all-cash offer to buy the company, as it looks to …

LaSalle

EU antitrust regulators to rule on Blackstone's F&R deal by July 20

© Reuters. FILE PHOTO - The logo of Blackstone Group is displayed at the post where it is traded on the floor of the New York Stock Exchange<p>BRUSSELS …

Financial Services

Blackstone Mortgage Trust declares $0.62 dividend

Blackstone Mortgage Trust (NYSE:BXMT) declares $0.62/share quarterly dividend, in line with previous.<p>Forward yield 7.67%<p>Payable July 16; for …

Business

Teleperformance (TLPFY) Acquires Intelenet From Blackstone (BX) For $1B - Slideshow

The following slide deck was published by The Blackstone Group L.P. in conjunction with this event.<p>117<p>Click to enlarge

Blackstone Group

France's Teleperformance agrees $1 billion deal to buy Intelenet from Blackstone | Reuters

(Reuters) - Teleperformance (ROCH.PA) has agreed to buy India-based Intelenet from U.S. private equity firm Blackstone (BX.N) in a $1 billion deal aimed at strengthening its specialized services business, the French company said.<p>FILE PHOTO - The logo of Blackstone Group is displayed at the post …

IT

ECB to End Bond-Buying Program in December as Crisis-Era Policies Wind Down

The bank signals it won’t raise interest rates before next summer, suggesting the gap with the Fed will widen<p>RIGA, Latvia—The European Central Bank is closing a chapter on one controversial policy, government bond purchases, while extending the life of another: negative interest rates.<p>The central …

Economics

Blackstone, Karnataka minister to bring assets under Embassy REIT

The JV company Embassy Office Parks' plan to submit application for REIT was delayed as George was undecided on bringing his share in Embassy Golf …

Business (India)

Blackstone to Step Up Buying in Asia After Raising $9.4 Billion

Blackstone Group LP said it will accelerate its Asia-Pacific investments after raising a combined $9.4 billion from two funds dedicated to the region.<p>…

Business

Blackstone Capital Partners Asia raises $2.3 bln

<b>Blackstone</b> said June 12 that its first Asia private equity fund closed on about $2.3 billion. Including associates commitments from its global buyout …

Venture Capital

Blackstone Real Estate Partners Asia II raises $7.1 bln

<b>Blackstone</b> said June 12 that its second Asian opportunistic real estate fund closed on about $7.1 billion. Blackstone Real Estate Partners Asia II …

Real Estate

Blackstone in agreement to acquire Australia's Investa Office Fund for $2.3 billion

© Reuters. FILE PHOTO: The logo for Australia's Investa Office Fund (IOF), a real estate investment trust, adorns the front of their office building …

Investing

Blackstone raises $9.4 billion for Asia real estate, private equity funds

HONG KONG (Reuters) - Blackstone Group LP (BX.N) said it has raised about $9.4 billion for two new funds - the largest-ever fund dedicated to real estate investments in Asia as well as its first private equity fund for the region.<p>The funds add to a massive industry-wide pool of money for Asian …

Venture Capital

Blackstone Triples REIT’s Fundraising Goal

Private-equity firm to raise another $10 billion on top of the $5 billion the trust said it would raise in its initial filing<p>Blackstone Group LP is tripling the fundraising goal for the nontraded real-estate investment trust it launched last year, breathing new life into an industry that hit the …

Real Estate

Blackstone in agreement to acquire Australia's Investa Office Fund for $2.3 billion

(Reuters) - Australia's Investa Office Fund (IOF) (IOF.AX) and Blackstone Group (BX.N) on Wednesday entered into a scheme implementation agreement through which the U.S. private equity giant would acquire real estate investment trust for A$3.08 billion ($2.3 billion).<p>The directors of IOF manager …

Business

Pebblebrook Hotel Trust Looks to Prevent Blackstone From Buying Its Rival

Pebblebrook Hotel Trust is stepping up its efforts to acquire larger rival LaSalle Hotel Properties.<p>The company made a fresh offer in writing that …

Hotels

Macro Musings Podcast: Brian Blackstone On The ECB And The Swiss Referendum On Sovereign Money

Brian Blackstone is a Switzerland bureau chief for the Wall Street Journal and previously covered the European Central Bank from the Wall Street …

Business

Blackstone Seems Stuck In Place, But Can Be A Good Portfolio Building Block

Blackstone (BX) has had remarkable price stability in recent times outside of its brief breakout earlier this year amid the market's overall increase …

Investing

Oil Price Recovery Could Yield North Sea IPOs

Carlyle, Blackstone and CVC are among the firms that snapped up assets during the energy price slump<p>Sign in or subscribe for access to peerless insight & analysis, curated data & interactives, and networking events.

Crude Oil Prices

Luisa Beltran wrote a new post, Blackstone pitching discounts on $40 bln infrastructure fund: Financial Times, on the site PE Hub

Blackstone is offering discounts, including permanent fee breaks and the ability to make some investments without paying Blackstone anything for six …

Venture Capital

IIFL Holdings follows Embassy, Blackstone, registers REIT with Sebi

Shares of IIFL Holdings closed the day at ₹690.6 per share on the BSE, up by 1.68%, while the benchmark Sensex closed at 35,463.08 points, up by …

Real Estate

Fresh Profile: Tony James's Jefferson River is hunting for deals

Hamilton "Tony" James of Blackstone, listens to a question during the Milken Institute Global Conference in Beverly Hills, California, U.S., May 1, …

Investing