Blackstone Group

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1d
Tony Pua
How many billions of ringgit have actually been deposited into Najib's bank account?In another week of multiple exposés by the Sarawak Report, Malaysians are repea
How many billions of ringgit have actually been deposited into Najib's bank account?
Tony Pua / Posted yesterday
In another week of multiple exposés by the Sarawak Report, Malaysians are repeatedly stunned by the secret alleged excesses and extravagance of the Prime Minister. On Wednesday, the Sarawak Report revealed that Ministry of Finance subsidiary, SRC... Read more
1d
Calculated Risk
The Return of Alt-A?Kirsten Grind writes at the WSJ: Crisis-Era Mortgage Attempts a Comeback These
The Return of Alt-A?
Calculated Risk / Posted yesterday
Kirsten Grind writes at the WSJ: Crisis-Era Mortgage Attempts a Comeback These mortgages, which are given to borrowers that can’t fully document their income, helped fuel a tidal wave of defaults during the housing crisis and subsequently fell out of... Read more
2d
AllAfrica.com
Geldof Underlines Investment RewardsKKR, Blackstone and Paul Tudor Jones help drive investment as Ethiopia makes hi
Geldof Underlines Investment Rewards
AllAfrica.com / Posted 2 days ago
KKR, Blackstone and Paul Tudor Jones help drive investment as Ethiopia makes historic shift from aid to trade. A number of high-profile investors have recently shown up in the Country. KKR & Co., the New York-based private equity firm, last summer... Read more
2d
Market Watch
As stock declines, Apollo sets $250M share buybackApollo Global Management LLC, known for buying beaten-down assets, has set its
As stock declines, Apollo sets $250M share buyback
Market Watch / Posted 2 days ago
Apollo Global Management LLC, known for buying beaten-down assets, has set its sights on its own shares. The New York private-equity firm said Wednesday it plans to purchase up to $250 million of its stock, which has fallen more than 60% from an... Read more
3 related stories
2d
Sun-Sentinel
Iconic Hyatt Pier 66 hotel and marina up for saleFort Lauderdale's iconic Hyatt Regency Pier Sixty-Six Resort and Marina propert
Iconic Hyatt Pier 66 hotel and marina up for sale
Sun-Sentinel / Posted 2 days ago
Fort Lauderdale's iconic Hyatt Regency Pier Sixty-Six Resort and Marina property is being marketed for sale, CBRE Hotels announced Wednesday. The 384-room hotel and marina site at 2301 SE 17th St. is being sold unencumbered by brand or management,... Read more
2d
Market Watch
Apollo Global profit hurt by energy betsApollo Global Management LLC's fourth-quarter profit tumbled, as energy bets an
Apollo Global profit hurt by energy bets
Market Watch / Posted 2 days ago
Apollo Global Management LLC's fourth-quarter profit tumbled, as energy bets and shaky credit markets dented the value of its holdings. The New York investment firm on Wednesday reported a profit of $6.1 million, or 2 cents a Class A share, down... Read more
3 related stories
2d
Reuters
Asset manager Apollo unveils buyback as earnings disappointNEW YORK Alternative asset manager Apollo Global Management LLC (APO.N) on Wedn
Asset manager Apollo unveils buyback as earnings disappoint
Reuters / Posted 2 days ago
NEW YORK Alternative asset manager Apollo Global Management LLC (APO.N) on Wednesday unveiled a $250 million share buyback after posting a disappointing 69 percent slide in fourth-quarter earnings on the back of falling oil prices. The results... Read more
3 related stories
3d
Market Watch
Apollo Global's profit hurt by energy betsApollo Global Management LLC's fourth-quarter profit tumbled as energy bets hur
Apollo Global's profit hurt by energy bets
Market Watch / Posted 3 days ago
Apollo Global Management LLC's fourth-quarter profit tumbled as energy bets hurt its private-equity portfolio and it reserved $45 million in connection with a Securities and Exchange Commission probe related to fees. The New York investment firm... Read more
3 related stories
3d
Zero Hedge
"Liar Loans" Are Back In 2007 Housing Bubble ReduxIn the leadup to the financial crisis, lenders did some pretty silly things. T
"Liar Loans" Are Back In 2007 Housing Bubble Redux
Zero Hedge / Posted 3 days ago
In the leadup to the financial crisis, lenders did some pretty silly things. The securitization bonanza and the attendant proliferation of the “originate to sell” model drove lenders to adopt increasingly lax underwriting standards. Put simply, the... Read more
4d
Sun-Sentinel
Public land for sky-high private gain at Bahia MarHere is the conundrum with the valuable public land at Bahia Mar: To get a litt
Public land for sky-high private gain at Bahia Mar
Sun-Sentinel / Posted 4 days ago
Here is the conundrum with the valuable public land at Bahia Mar: To get a little more, Fort Lauderdale might give away a lot. And one questionable long-term lease that shortchanged the city might lead to another. The private group that rents the... Read more
7d
GlobeSt.com
Brookfield Weighs Making Bid for GGPBrookfield offices in Toronto; the asset manager has also bid for Rouse Propert
Brookfield Weighs Making Bid for GGP
GlobeSt.com / Posted 7 days ago
Brookfield offices in Toronto; the asset manager has also bid for Rouse Properties, spun off from GGP in 2012. TORONTO�Having made an unsolicited offer earlier this month for Rouse Properties, which was spun off from General Growth Properties Inc.... Read more
8d
Business Spectator
China targets foreign elites in scholarship pushFor years, governments and foundations have used scholarships as instruments of
China targets foreign elites in scholarship push
Business Spectator / Posted 8 days ago
For years, governments and foundations have used scholarships as instruments of diplomacy. The Brits have Rhodes and Chevening, the Americans have Marshall and Fulbright, and the Australian government has created a lot of goodwill in its... Read more
8d
The Courier Mail
China targets foreign elites in scholarship pushWhat do the Ethiopian president and the Prime Minister of Kazakhstan have in co
China targets foreign elites in scholarship push
The Courier Mail / Posted 8 days ago
What do the Ethiopian president and the Prime Minister of Kazakhstan have in common? They’re both graduates of Chinese universities. For years, governments and foundations have used scholarships as instruments of diplomacy. The Brits have Rhodes and... Read more
8d
Crain's New York Business
Blackstone profit falls 70% in volatile fourth quarterIts biggest public stake, in hotel chain Hilton Worldwide, has suffered a 22% d
Blackstone profit falls 70% in volatile fourth quarter
Crain's New York Business / Posted 8 days ago
Its biggest public stake, in hotel chain Hilton Worldwide, has suffered a 22% decline since September Blackstone Group LP, the world’s largest manager of alternative assets, said fourth-quarter profit fell 70% as asset sales slowed and stakes in... Read more
8d
Reuters
Blackstone earnings miss forecasts as investments weakenNEW YORK Blackstone Group LP (BX.N), the world's largest alternative asset mana
Blackstone earnings miss forecasts as investments weaken
Reuters / Posted 8 days ago
NEW YORK Blackstone Group LP (BX.N), the world's largest alternative asset manager, reported weaker-than-expected fourth-quarter earnings on Thursday as falling oil prices and a choppy credit market dragged on its investments. Economic net income,... Read more
9d
Market Watch
Blackstone profit falls below expectationsBlackstone Group LP said on Thursday its fourth-quarter profit tumbled as whips
Blackstone profit falls below expectations
Market Watch / Posted 9 days ago
Blackstone Group LP said on Thursday its fourth-quarter profit tumbled as whipsawing markets took a toll across its business. The New York private-equity firm reported a fourth-quarter profit of $201 million, or 23 cents a share, down from $551... Read more
3 related stories
10d
iol.co.za
Liquidity: excuse or fact?Oslo - As some of the world’s best-known investment banks blame tougher capital
Liquidity: excuse or fact?
iol.co.za / Posted 10 days ago
Oslo - As some of the world’s best-known investment banks blame tougher capital rules for contributing to the lack of liquidity in financial markets, the world’s biggest sovereign wealth fund has a different take. The argument is “an excuse for... Read more
11d
Providence Business News
Deeper dive into market monsoon shows recession alert muteNEW YORK - It wouldn’t take much to look at the performance of markets these da
Deeper dive into market monsoon shows recession alert mute
Providence Business News / Posted 11 days ago
NEW YORK - It wouldn’t take much to look at the performance of markets these days and draw the conclusion that investors deem a U.S. recession as all but inevitable. A deeper dive finds a more benign scenario. Yes, global equities fell within points... Read more
12d
Swissinfo
Tokyo BOJ-Fueled Property Boom Prices Many Buyers Out of Market(Bloomberg) -- Rich buyers taking advantage of record low borrowing costs have
Tokyo BOJ-Fueled Property Boom Prices Many Buyers Out of Market
Swissinfo / Posted 12 days ago
(Bloomberg) -- Rich buyers taking advantage of record low borrowing costs have pushed prices in Tokyo beyond the reach of many ordinary buyers, taking the wind out of property sales. While the average sales price of an apartment in greater Tokyo... Read more
12d
WKYC Cleveland
Sanders likens campaign narrative to Obama's in 2008CLINTON, Iowa — Sen. Bernie Sanders likened his late rise in the polls — and su
Sanders likens campaign narrative to Obama's in 2008
WKYC Cleveland / Posted 12 days ago
CLINTON, Iowa — Sen. Bernie Sanders likened his late rise in the polls — and subsequent attacks from front-runner Hillary Clinton — to the 2008 tide change that propelled Barack Obama’s come-from-behind capture of the Democratic nomination. A feisty... Read more
14d
GlobeSt.com
Creativity Doesn’t Jibe With Core ValuesReal Capital Analytics' Bob White (far left) moderated the discussion between (
Creativity Doesn’t Jibe With Core Values
GlobeSt.com / Posted 14 days ago
Real Capital Analytics' Bob White (far left) moderated the discussion between (L-R) Starwood Capital's Ethan Bing, AIG's Jeff Daniels and Blackstone's Olivia John. ORLANDO�This morning, we brought you an examination of how some of then nation�s... Read more
14d
Business Standard India
FINO in talks to raise Rs 400-500 cr equityFINO PayTech, India's largest business correspondent, is in advanced talks with
FINO in talks to raise Rs 400-500 cr equity
Business Standard India / Posted 14 days ago
FINO PayTech, India's largest business correspondent, is in advanced talks with five to six domestic investors, including its promoters ICICI Group, to dilute its stake and raise Rs 400-500 crore in the next two months. Confirming the development,... Read more
15d
GlobeSt.com
BioMed Shareholders Endorse Blackstone DealThe Landmark at Eastview in Tarrytown, NY is one of two BMR properties in the N
BioMed Shareholders Endorse Blackstone Deal
GlobeSt.com / Posted 15 days ago
The Landmark at Eastview in Tarrytown, NY is one of two BMR properties in the New York metro area. SAN DIEGO�Shareholders in BioMed Realty Trust on Thursday the Blackstone Group�s $8-billion privatization of the life sciences REIT. BMR expects the... Read more
15d
GlobeSt.com
MF Awash in Capital, But Not AdriftReal Capital Analytics' Bob White (far left) moderated the discussion between (
MF Awash in Capital, But Not Adrift
GlobeSt.com / Posted 15 days ago
Real Capital Analytics' Bob White (far left) moderated the discussion between (L-R) Starwood Capital's Ethan Bing, AIG's Jeff Daniels and Blackstone's Olivia John. ORLANDO�A trio of decision makers from some of the nation�s biggest institutional... Read more
15d
Swissinfo
Diamond, Cohn Say Liquidity-Sapping Rules Add Turmoil(Bloomberg) -- Violent swings in global markets fretting over the Chinese econo
Diamond, Cohn Say Liquidity-Sapping Rules Add Turmoil
Swissinfo / Posted 15 days ago
(Bloomberg) -- Violent swings in global markets fretting over the Chinese economy are being exacerbated by tougher capital rules imposed on the world’s biggest banks, according to former Barclays Plc Chief Executive Officer Bob Diamond and Goldman... Read more
15d
San Fernando Valley Business Journal
Move Renews Westlake Village LeaseMove Inc., operator of Realtor.com and a subsidiary of News Corp., has renewed
Move Renews Westlake Village Lease
San Fernando Valley Business Journal / Posted 15 days ago
Move Inc., operator of Realtor.com and a subsidiary of News Corp., has renewed its lease in Westlake Village, according to Boston tenant representative firm Cresa. The deal, which was signed in November, renews Move’s 65,000-square-foot space at... Read more
15d
Investopedia
The Rich Guys Financing Trump's CampaignWhile many may of thought that Donald Trump’s run for the U.S. presidency was a
The Rich Guys Financing Trump's Campaign
Investopedia / Posted 15 days ago
While many may of thought that Donald Trump’s run for the U.S. presidency was a joke, it would appear that the only ones laughing now are his supporters—well, he might be laughing too of course. For many global elites at the World Economic Forum in... Read more
15d
Gawker
Billionaire Plutocrat Gives Lifelike Simulation Of WarmthStephen Schwarzman, the CEO of Blackstone Group, SVP of the Illuminati, and chi
Billionaire Plutocrat Gives Lifelike Simulation Of Warmth
Gawker / Posted 15 days ago
Stephen Schwarzman, the CEO of Blackstone Group, SVP of the Illuminati, and chief party coordinator for the Rich Powerbrokers' Society, is really just a regular guy. He dragged Times reporter Michael J. de la Merced along on a totally spontaneous... Read more
15d
Business Wire
Cornerstone Capital Management Hires Industry Veteran James Wylie as Global Head of DistributionNEW YORK--(BUSINESS WIRE)--Cornerstone Capital Management (“Cornerstone”), a gl
Cornerstone Capital Management Hires Industry Veteran James Wylie as Global Head of Distribution
Business Wire / Posted 15 days ago
NEW YORK--(BUSINESS WIRE)--Cornerstone Capital Management (“Cornerstone”), a global institutional advisory firm, today announced the appointment of James Wylie as senior vice president, global head of distribution. Mr. Wylie will lead the firm’s... Read more
16d
Zero Hedge
US Equity Futures Fail To Sustain Bounce; Resume Slide On Oil FearsThings are looking increasingly shaky for central planners around the globe. A
US Equity Futures Fail To Sustain Bounce; Resume Slide On Oil Fears
Zero Hedge / Posted 16 days ago
Things are looking increasingly shaky for central planners around the globe. After yesterday's dramatic rout in US equities, which was saved toward the end of trading by a "dash for trash" short squeeze in which several repo desks unleashed forced... Read more
16d
Swissinfo
Regulation Made the World More Dangerous, Blackstone CEO Says(Bloomberg) -- Financial regulators failed banks before the financial crisis, t
Regulation Made the World More Dangerous, Blackstone CEO Says
Swissinfo / Posted 16 days ago
(Bloomberg) -- Financial regulators failed banks before the financial crisis, then stifled the industry’s recovery in Europe, according to Blackstone Group LP Chief Executive Officer Steve Schwarzman. Schwarzman, speaking at the World Economic Forum... Read more
16d
Arkansas Democrat-Gazette
Sell-off of stocks persists; oil sinksNEW YORK -- A late rally lifted stock prices from a nose dive Wednesday as the
Sell-off of stocks persists; oil sinks
Arkansas Democrat-Gazette / Posted 16 days ago
NEW YORK -- A late rally lifted stock prices from a nose dive Wednesday as the price of oil took its biggest one-day plunge since September. A huge sell-off earlier in the day pushed the Dow Jones industrial average down more than 560 points, but... Read more
498 related stories
16d
GlobeSt.com
Real Estate M&A Reaches New PeakMarriott's merger with Starwood Hotels was among six announced M&A deals in the
Real Estate M&A Reaches New Peak
GlobeSt.com / Posted 16 days ago
Marriott's merger with Starwood Hotels was among six announced M&A deals in the lodging sector last year. CHARLOTTESVILLE, VA�The year just past left more than a few commercial real-estate records in the dust, including merger and acquisition... Read more
16d
Stamford Advocate
Property Rounds: GE Capital offices hang in the balancePerhaps it was fate that an industrial gases company would become the canary in
Property Rounds: GE Capital offices hang in the balance
Stamford Advocate / Posted 16 days ago
Perhaps it was fate that an industrial gases company would become the canary in the coalmine — but when Praxair abandoned its plans last year for a new Danbury headquarters in favor of the newly available GE Capital building on the city’s east side,... Read more
16d
Connecticut Post
Property Rounds: GE Capital offices hang in the balancePerhaps it was fate that an industrial gases company would become the canary in
Property Rounds: GE Capital offices hang in the balance
Connecticut Post / Posted 16 days ago
Perhaps it was fate that an industrial gases company would become the canary in the coalmine — but when Praxair abandoned its plans last year for a new Danbury headquarters in favor of the newly available GE Capital building on the city’s east side,... Read more
16d
Business Standard India
Dow plummets 500 points as oil rout deepensUS stocks added to losses in afternoon, withe Dow and Standard & Poor's 500 Ind
Dow plummets 500 points as oil rout deepens
Business Standard India / Posted 16 days ago
US stocks added to losses in afternoon, withe Dow and Standard & Poor's 500 Index sliding to lows last seen in early 2014. MSCI Inc.'s gauge of global equities fell to 20 per cent below its May record, as emerging shares plunged 3.4 per cent.... Read more
7 related stories
16d
The Globe and Mail
TSX plummets as global rout deepens amid plunge in crudeTurmoil returned to financial markets as oil plunged past $27 (U.S.) a barrel,
TSX plummets as global rout deepens amid plunge in crude
The Globe and Mail / Posted 16 days ago
Turmoil returned to financial markets as oil plunged past $27 (U.S.) a barrel, the TSX sank as much as 466 points and global equities approached a bear market that is fuelling a rush into haven assets. The Standard & Poor’s/TSX Index slumped 2.6 per... Read more
7 related stories
16d
Providence Business News
Dow falls 550 points as global rout deepens amid plunge in crudeNEW YORK - Turmoil returned to financial markets as oil plunged past $27 a barr
Dow falls 550 points as global rout deepens amid plunge in crude
Providence Business News / Posted 16 days ago
NEW YORK - Turmoil returned to financial markets as oil plunged past $27 a barrel, the Dow Jones Industrial Average sank 550 points and global equities approached a bear market that is fueling a rush into haven assets. U.S. stocks added to losses in... Read more
7 related stories
16d
TribLIVE
Dow falls 550 points as global rout deepens amid plunge in crudeTurmoil returned to financial markets as oil plunged past $27 a barrel, the Dow
Dow falls 550 points as global rout deepens amid plunge in crude
TribLIVE / Posted 16 days ago
Turmoil returned to financial markets as oil plunged past $27 a barrel, the Dow Jones Industrial Average sank 550 points and global equities approached a bear market that is fueling a rush into haven assets. U.S. stocks added to losses in afternoon,... Read more
7 related stories
16d
Financial Planning.com
Global Stocks on Brink of Bear Market as Oil Slides(Bloomberg) -- Turmoil returned to global markets as oil plunged and U.S. stock
Global Stocks on Brink of Bear Market as Oil Slides
Financial Planning.com / Posted 16 days ago
(Bloomberg) -- Turmoil returned to global markets as oil plunged and U.S. stocks sank to the lowest levels in 21 months, fueling a rush into haven assets. Corporate results exacerbated the rout, sending MSCI's gauge of global equities to the brink... Read more
7 related stories
16d
Swissinfo
Trump Is Losing the Davos Primary Among His Fellow Billionaires(Bloomberg) -- The collapsing center of U.S. politics poses a growing threat to
Trump Is Losing the Davos Primary Among His Fellow Billionaires
Swissinfo / Posted 16 days ago
(Bloomberg) -- The collapsing center of U.S. politics poses a growing threat to global business, according to Davos delegates who say they’re watching anxiously as Donald Trump and Bernie Sanders ride a populist wave in the presidential... Read more
16d
The Register NorthJersey.com
Global stocks rout continues as oil price hits 13-year lowNEW YORK - Turmoil returned to global markets as oil plunged and the Dow Jones
Global stocks rout continues as oil price hits 13-year low
The Register NorthJersey.com / Posted 16 days ago
NEW YORK - Turmoil returned to global markets as oil plunged and the Dow Jones Industrial Average sank 400 points, fueling a rush into haven assets. Corporate results exacerbated the rout, sending MSCI Inc.'s gauge of global equities to the brink of... Read more
7 related stories
18d
Swissinfo
Davos Robot Eclipses Davos Man as Gloom Descends on World Elite(Bloomberg) -- First there was Davos Man and then Davos Woman. Get ready for Da
Davos Robot Eclipses Davos Man as Gloom Descends on World Elite
Swissinfo / Posted 18 days ago
(Bloomberg) -- First there was Davos Man and then Davos Woman. Get ready for Davos Robot. Facebook’s Sheryl Sandberg, JPMorgan Chase’s Jamie Dimon and Alibaba’s Jack Ma will share the spotlight with a prize- winning South Korean robot called HUBO at... Read more
22d
Daily Princetonian
2 undergraduates, 3 alumni selected as Schwarzman ScholarsTwo University undergraduates, Ella Cheng ’16 and Tyler Rudolph ’16, as well as
2 undergraduates, 3 alumni selected as Schwarzman Scholars
Daily Princetonian / Posted 22 days ago
Two University undergraduates, Ella Cheng ’16 and Tyler Rudolph ’16, as well as three alumni, Lucas Briger ’12, Anastasya Lloyd-Damnjanovic ’14 and Yung Yung (Rosy) Yang ’13 have received the Schwarzman Scholarship in its inaugural year. The... Read more
22d
New Kerala
Infosys appoints union minister's wife as directorBengaluru, Jan 14 : Global software major Infosys Ltd on Thursday appointed not
Infosys appoints union minister's wife as director
New Kerala / Posted 22 days ago
Bengaluru, Jan 14 : Global software major Infosys Ltd on Thursday appointed noted investment manager Punita Kumar Sinha, wife of union Minister of State for Finance Jayant Sinha, as an independent director on its board. In a regulatory filing to the... Read more
23d
Business Insider
Michael Dell's $80 million investment no one knew about could be worth as much as $4 billionDell founder Michael Dell has quietly invested over $80 million in various loca
Michael Dell's $80 million investment no one knew about could be worth as much as $4 billion
Business Insider / Posted 23 days ago
Dell founder Michael Dell has quietly invested over $80 million in various local TV stations since 2011 — and it could soon end up returning as much as $4 billion to the PC mogul. According to a WSJ report on Wednesday, Dell currently controls a... Read more
23d
Chicago Tribune
Willis Tower to get a revampWillis Tower is set to get more retail and entertainment options and reconfigur
Willis Tower to get a revamp
Chicago Tribune / Posted 23 days ago
Willis Tower is set to get more retail and entertainment options and reconfigured office space for tenants, following the acquisition of Chicago's iconic skyscraper by Blackstone Group. A team that will take on the repositioning of the 4.5... Read more
24d
The Globe and Mail
Brookfield eyes Blackstone status with private-equity pushBruce Flatt, chief executive officer of Brookfield Asset Management Inc., is pu
Brookfield eyes Blackstone status with private-equity push
The Globe and Mail / Posted 24 days ago
Bruce Flatt, chief executive officer of Brookfield Asset Management Inc., is putting Blackstone Group, Carlyle Group, KKR & Co., and others on notice that his Toronto– based firm is about to make a major push into private equity. Flatt says his... Read more
24d
Asian Venture Capital Journal
GPs on China's New Third Board: Public market oddityA dozen of Chinese private equity firms have been listed on the New Third Board
GPs on China's New Third Board: Public market oddity
Asian Venture Capital Journal / Posted 24 days ago
A dozen of Chinese private equity firms have been listed on the New Third Board in recent years, but the model is far removed from that seen in other markets and regulators are concerned JD Capital's listing on the National Equities Exchange and... Read more
25d
Asian Correspondent
US tycoon sets up competitive scholarship program in ChinaNEW YORK (AP) — A new scholarship program in China that is intended to rival th
US tycoon sets up competitive scholarship program in China
Asian Correspondent / Posted 25 days ago
NEW YORK (AP) — A new scholarship program in China that is intended to rival the prestigious Rhodes Scholarships has announced the members of its first class. The program founded by Wall Street tycoon Stephen Schwarzman covers all expenses for... Read more
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