Blackstone Group

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12m
Business Insider
A handful of investors are hoarding $200 billion, and Wall Street wants to know when they're going to spend itaccording to a letter to shareholders. That $35 billion adds to a huge pile of
A handful of investors are hoarding $200 billion, and Wall Street wants to know when they're going to spend it
Business Insider / Posted 12 minutes ago
according to a letter to shareholders. That $35 billion adds to a huge pile of cash sitting at rival private equity funds Blackstone Group, Oaktree Capital, Carlyle Group and Apollo Global Management. Oaktree has "near record levels of dry powder... Read more
13h
Market Watch
CEO of Deutsche Bank North America quits2015. Its largest shareholder, according to recent public filings, is Stephen S
CEO of Deutsche Bank North America quits
Market Watch / Posted 13 hours ago
2015. Its largest shareholder, according to recent public filings, is Stephen Schwarzman, chairman and chief executive of Blackstone Group LP, who acquired the stake when PJT became publicly listed with a spinout of Blackstone's advisory... Read more
16h
The Star
Sime can reach half of monetisation plan with S’pore property salePETALING JAYA: If Sime Darby Bhd’s purported deal to sell majority interest in
Sime can reach half of monetisation plan with S’pore property sale
The Star / Posted 16 hours ago
PETALING JAYA: If Sime Darby Bhd’s purported deal to sell majority interest in three of its Singapore properties to Blackstone Group goes through, the group would have achieved close to 50% of its RM1.8bil asset monetisation plan to pare down... Read more
17h
Fortune
Vivint Solar's Chief Executive to LeaveHe joins from Vivint Smart Home, where he has served as chief operating officer
Vivint Solar's Chief Executive to Leave
Fortune / Posted 17 hours ago
He joins from Vivint Smart Home, where he has served as chief operating officer since 2013. Vivint Smart Home is owned by Blackstone Group, which is also the majority shareholder in Vivint Solar. Butterfield led Vivint Solar during its initial... Read more
23h
Jacksonville Daily Record
Regency Centers� metrics point upconference call, one analyst asked about a new venture for Foley unrelated to F
Regency Centers� metrics point up
Jacksonville Daily Record / Posted 23 hours ago
conference call, one analyst asked about a new venture for Foley unrelated to FNFV. The previous week, Foley and former Blackstone Group dealmaker Chinh Chu filed a registration statement with the Securities and Exchange Commission for a blank... Read more
1d
Zero Hedge
May 2producing nations, according to the world's leading energy official. * Blackst
May 2
Zero Hedge / Posted yesterday
producing nations, according to the world's leading energy official. * Blackstone races to top of private equity mountain Blackstone Group has raised a bumper $60 billion from private equity investors over the past five years, claiming the title... Read more
3d
The Houma Courier
Profits are down at ExxonMobil, but don't cry for CEO500 times the median U.S. household income. Yet Tillerson's compensation packa
Profits are down at ExxonMobil, but don't cry for CEO
The Houma Courier / Posted 3 days ago
500 times the median U.S. household income. Yet Tillerson's compensation package almost seems tame in an era of excess. Blackstone Group CEO Stephen Schwarzman, head of a investment firm in another industry taking its lumps lately, received... Read more
177 related stories
3d
The Daily Comet
Profits are down at ExxonMobil, but don't cry for CEO500 times the median U.S. household income. Yet Tillerson's compensation packa
Profits are down at ExxonMobil, but don't cry for CEO
The Daily Comet / Posted 3 days ago
500 times the median U.S. household income. Yet Tillerson's compensation package almost seems tame in an era of excess. Blackstone Group CEO Stephen Schwarzman, head of a investment firm in another industry taking its lumps lately, received... Read more
177 related stories
4d
The Star
Friday, April 29- StarBiz Sime in talks to sell Singapore properties: Sime Darby Bhd is in tal
Friday, April 29
The Star / Posted 4 days ago
- StarBiz Sime in talks to sell Singapore properties: Sime Darby Bhd is in talks with US-based private equity fund Blackstone Group to sell a majority interest in three Singapore properties for S$300mil (RM870mil), a Singapore Business... Read more
5 related stories
4d
The Star
Sime in talks to sell Singapore propertiesPETALING JAYA: Sime Darby Bhd is in talks with US-based private equity fund Bla
Sime in talks to sell Singapore properties
The Star / Posted 4 days ago
PETALING JAYA: Sime Darby Bhd is in talks with US-based private equity fund Blackstone Group to sell a majority interest in three Singapore properties for S$300mil (RM870mil). According to a report by Singapore’s The Business Times, the deal is for... Read more
4d
Reuters
Ares, Apollo vying for American Capitalcompeting for the assets of American Capital Ltd, people familiar with the matt
Ares, Apollo vying for American Capital
Reuters / Posted 4 days ago
competing for the assets of American Capital Ltd, people familiar with the matter said. Fortress Investment Group LLC and Blackstone Group LP have also submitted expressions of interest in the auction for American Capital, a U.S. private equity... Read more
4d
Finance and Commerce
Blackstone said to lead bids for $1.1B Dublin mallBlackstone Group LP has been chosen as the lead bidder for Ireland’s largest ma
Blackstone said to lead bids for $1.1B Dublin mall
Finance and Commerce / Posted 4 days ago
Blackstone Group LP has been chosen as the lead bidder for Ireland’s largest mall and leisure destination, according to two people familiar with the sale. The Blanchardstown Centre project is set to fetch about 1 billion euros ($1.1 billion),... Read more
5d
RTE News
Blackstone leading bids for Blanchardstown centreBlackstone Group has been chosen as the lead bidder for the Blanchardstown shop
Blackstone leading bids for Blanchardstown centre
RTE News / Posted 5 days ago
Blackstone Group has been chosen as the lead bidder for the Blanchardstown shopping centre in Dublin, according to two people familiar with the sale. The Bloomberg News Agency said the Blanchardstown Centre project is set to make about €1... Read more
5d
The Star
Top foreign and local stories at 4pm— Reuters Top local news Blackstone buying 75% of Sime’s Singapore properties
Top foreign and local stories at 4pm
The Star / Posted 5 days ago
— Reuters Top local news Blackstone buying 75% of Sime’s Singapore properties for S$300m: US-based private equity fund Blackstone Group is buying 75% of three properties in Singapore from Sime Darby Bhd for about $300mil (RM870mil). A Singapore... Read more
5d
The Star
Blackstone buying 75% of Sime's Singapore properties for S$300mKUALA LUMPUR: US-based private equity fund Blackstone Group is buying 75% of th
Blackstone buying 75% of Sime's Singapore properties for S$300m
The Star / Posted 5 days ago
KUALA LUMPUR: US-based private equity fund Blackstone Group is buying 75% of three properties in Singapore from Sime Darby Bhd for about $300mil (RM870mil). According to a Singapore Business Times report, the Malaysian conglomerate is selling the... Read more
6d
TechCrunch
Vivint lands $100m investment from Peter Thiel and Solamere CapitalSolamere Capital. This influx in capital will be used for Vivint’s growth and r
Vivint lands $100m investment from Peter Thiel and Solamere Capital
TechCrunch / Posted 6 days ago
Solamere Capital. This influx in capital will be used for Vivint’s growth and research and development of products. The Blackstone Group purchased Vivint in 2012 for $2 billion and still owns the company. The company considers this round of... Read more
6d
Reuters
U.S. companies skeptical of corporate China's advancespublic U.S. companies and Chinese acquirers. Anbang, for example, agreed to acq
U.S. companies skeptical of corporate China's advances
Reuters / Posted 6 days ago
public U.S. companies and Chinese acquirers. Anbang, for example, agreed to acquire Strategic Hotels & Resorts Inc from Blackstone Group LP (BX.N) for about $6.5 billion in March, three months after Blackstone took it private for $6... Read more
6d
Channel NewsAsia
US companies skeptical of corporate China's advancespublic U.S. companies and Chinese acquirers. Anbang, for example, agreed to acq
US companies skeptical of corporate China's advances
Channel NewsAsia / Posted 6 days ago
public U.S. companies and Chinese acquirers. Anbang, for example, agreed to acquire Strategic Hotels & Resorts Inc from Blackstone Group LP for about US$6.5 billion in March, three months after Blackstone took it private for US$6... Read more
6d
The Auto Channel
Exeter Finance Corp. Celebrates Ten Years In Auto Financeand in 2008 received a $20M equity investment from Navigation Capital Partners.
Exeter Finance Corp. Celebrates Ten Years In Auto Finance
The Auto Channel / Posted 6 days ago
and in 2008 received a $20M equity investment from Navigation Capital Partners. In 2011, Exeter was acquired by The Blackstone Group, one of the world's largest private equity and investment banking firms.� By 2014, the company boasted more... Read more
7d
Swissinfo
Even Shopaholic Brazilians May Not Be Able to Sustain Mall RallyMalls declined to comment. Last week, O Globo reported that the company had hir
Even Shopaholic Brazilians May Not Be Able to Sustain Mall Rally
Swissinfo / Posted 7 days ago
Malls declined to comment. Last week, O Globo reported that the company had hired Itau BBA to negotiate a stake sale, with Blackstone Group LP among possible buyers. It didn’t say how it obtained the information. Until now, some retailers’ rapid... Read more
7d
Channel NewsAsia
Landry's and Jefferies CEOs to launch acquisition companyseeking to launch SPACs. In February, oil and gas titan Mark Papa raised US$450
Landry's and Jefferies CEOs to launch acquisition company
Channel NewsAsia / Posted 7 days ago
seeking to launch SPACs. In February, oil and gas titan Mark Papa raised US$450 million in a SPAC IPO. Last week, former Blackstone Group LP private equity dealmaker Chinh Chu and Fidelity National Financial Chairman William Foley unveiled a SPAC... Read more
7d
Reuters
Landry's and Jefferies CEOs to launch acquisition companyseeking to launch SPACs. In February, oil and gas titan Mark Papa raised $450 m
Landry's and Jefferies CEOs to launch acquisition company
Reuters / Posted 7 days ago
seeking to launch SPACs. In February, oil and gas titan Mark Papa raised $450 million in a SPAC IPO. Last week, former Blackstone Group LP private equity dealmaker Chinh Chu and Fidelity National Financial (FNF.N) Chairman William Foley... Read more
7d
Market Watch
KKR posts loss as First Data stake declines 19%the value of unrealized investments. Choppy stock and credit markets made for
KKR posts loss as First Data stake declines 19%
Market Watch / Posted 7 days ago
the value of unrealized investments. Choppy stock and credit markets made for a tough start to the year for buyout firms. Blackstone Group LP last week reported its profit for the period fell more than analysts expected. Carlyle Group and Apollo... Read more
8d
Denver Post
Broomfield-based Ball to sell beverage-can assets for $3.42 billionafter the company agreed to sell 12 plants on the continent to eliminate antitr
Broomfield-based Ball to sell beverage-can assets for $3.42 billion
Denver Post / Posted 8 days ago
after the company agreed to sell 12 plants on the continent to eliminate antitrust concerns. Apollo Global Management, Blackstone Group LP and Madison Dearborn Partners were also among bidders for the assets. "You feel it ticks everybody's... Read more
8d
Jacksonville Daily Record
Johnson & Johnson shifts pricing plan for contactsInc. Chairman Bill Foley is adding another company to his wide range of busines
Johnson & Johnson shifts pricing plan for contacts
Jacksonville Daily Record / Posted 8 days ago
Inc. Chairman Bill Foley is adding another company to his wide range of business interests. Foley, along with former Blackstone Group dealmaker Chinh Chu, formed a �blank check� company called CF Corp. that filed plans Thursday with the... Read more
8d
The Globe and Mail
Blackstone boosts Amaya stakeThe credit arm of U.S private equity giant Blackstone Group has boosted its own
Blackstone boosts Amaya stake
The Globe and Mail / Posted 8 days ago
The credit arm of U.S private equity giant Blackstone Group has boosted its ownership stake in Amaya Inc., the online-poker company whose chief executive officer wants to take private. GSO Capital Partners LP said that a group of funds that are... Read more
8d
Business Insider
10 things you need to know before the opening bellcompany Ardagh for $3.42 billion. Ardagh will sell $2.85 billion of bonds to he
10 things you need to know before the opening bell
Business Insider / Posted 8 days ago
company Ardagh for $3.42 billion. Ardagh will sell $2.85 billion of bonds to help fund the deal. Apollo Global Management, Blackstone Group LP and Madison Dearborn Partners were said to be other interested bidders. Earnings reports flow. Philips... Read more
8d
The Post-Standard
Proposed underwater power line would connect Upstate to NYC via Erie Canal, Hudsonhydro and wind power from the U.S.-Canadian border to New York City. That $2.2
Proposed underwater power line would connect Upstate to NYC via Erie Canal, Hudson
The Post-Standard / Posted 8 days ago
hydro and wind power from the U.S.-Canadian border to New York City. That $2.2 billion project, which was acquired by the Blackstone Group investment firm, was first proposed in 2010. It has received all its U.S. permits and is expected to begin... Read more
10d
Sun-Sentinel
A Fort Lauderdale giveaway that keeps on givingin 1964, soon after settling a lawsuit brought by Gore in which she lost tax-fr
A Fort Lauderdale giveaway that keeps on giving
Sun-Sentinel / Posted 10 days ago
in 1964, soon after settling a lawsuit brought by Gore in which she lost tax-free status on the property. In 2014, LXR/Blackstone Group sold the lease to a group headed by developer Jimmy Tate. The city is now on the verge of another giveaway,... Read more
10d
The Globe and Mail
The close: TSX finishes flat despite rise in oil pricesjumped 2.1 per cent, the most in the S&P/TSX out of 10 groups. Concordia Health
The close: TSX finishes flat despite rise in oil prices
The Globe and Mail / Posted 10 days ago
jumped 2.1 per cent, the most in the S&P/TSX out of 10 groups. Concordia Healthcare Corp. rose 6 percent after reports that Blackstone Group LP is considering a takeover of Toronto-based Concordia. Among the biggest winners on Friday, Valeant... Read more
39 related stories
11d
New Kerala
Trying to get US investments in power sector: newkerala.com #53089Power and New and Renewable Energy Piyush Goyal, the government is trying to ro
Trying to get US investments in power sector: newkerala.com #53089
New Kerala / Posted 11 days ago
Power and New and Renewable Energy Piyush Goyal, the government is trying to rope in major US based investors like the Blackstone Group to invest in the country's power sector. Goyal, who is on an official tour to the US, disclosed the... Read more
8 related stories
11d
The Economic Times
Power Minister Piyush Goyal woos investors; meets PE giants Blackstone, Warburgat India for investments and take advantage of three Ds -- democracy, demograph
Power Minister Piyush Goyal woos investors; meets PE giants Blackstone, Warburg
The Economic Times / Posted 11 days ago
at India for investments and take advantage of three Ds -- democracy, demography and demand. Goyal held meetings with the Blackstone Group Co-founder, CEO and Chairman Stephen Schwarzian; Warburg Pincus' Saurabh Agarwal; New York Green Bank... Read more
8 related stories
11d
Business Standard India
Govt. taking necessary actions to sustain current economic growth: Piyush GoyalSecretary, Ministry of New and Renewable Energy. Goyal met with Stephen Schwar
Govt. taking necessary actions to sustain current economic growth: Piyush Goyal
Business Standard India / Posted 11 days ago
Secretary, Ministry of New and Renewable Energy. Goyal met with Stephen Schwarzian the Chairman, CEO and Co-Founder of Blackstone Group over lunch and discussed about investment opportunities in India and the transparent policy regime that the... Read more
8 related stories
11d
New Kerala
Govt. taking necessary actions to sustain current economic growth: Piyush Goyal - newkerala.com #52897Secretary, Ministry of New and Renewable Energy. Goyal met with Stephen Schwar
Govt. taking necessary actions to sustain current economic growth: Piyush Goyal - newkerala.com #52897
New Kerala / Posted 11 days ago
Secretary, Ministry of New and Renewable Energy. Goyal met with Stephen Schwarzian the Chairman, CEO and Co-Founder of Blackstone Group over lunch and discussed about investment opportunities in India and the transparent policy regime that the... Read more
8 related stories
11d
Denver Post
Denver-based Optiv Security said to explore sale in addition to IPODenver-based Optiv Security LLC, the cybersecurity company backed by Blackstone
Denver-based Optiv Security said to explore sale in addition to IPO
Denver Post / Posted 11 days ago
Denver-based Optiv Security LLC, the cybersecurity company backed by Blackstone Group LP that's preparing to go public, will explore a sale at the same time, people with knowledge of the matter said. The company could be valued at more than $2... Read more
11d
The Globe and Mail
Blackstone said to weigh buyout of Concordia HealthcareBlackstone Group LP is considering a takeover of listed Canadian pharmaceutical
Blackstone said to weigh buyout of Concordia Healthcare
The Globe and Mail / Posted 11 days ago
Blackstone Group LP is considering a takeover of listed Canadian pharmaceutical company Concordia Healthcare Corp., according to people familiar with the matter. The buyout firm is in talks with Concordia about a potential transaction, the people... Read more
11d
Finance and Commerce
Blackstone profit falls 77% as asset sales slowBlackstone Group LP, the world’s largest manager of alternative assets, said fi
Blackstone profit falls 77% as asset sales slow
Finance and Commerce / Posted 11 days ago
Blackstone Group LP, the world’s largest manager of alternative assets, said first-quarter profit fell 77 percent as rocky markets curbed asset sales and new buyouts. Economic net income, a measure of earnings that reflects both realized and... Read more
6 related stories
12d
Fortune
Here's Why Shares of Blackstone Are Getting Hit TodayEarnings at Blackstone Group bx, the world’s largest alternative asset manager,
Here's Why Shares of Blackstone Are Getting Hit Today
Fortune / Posted 12 days ago
Earnings at Blackstone Group bx, the world’s largest alternative asset manager, slowed more than expected in the first quarter as falling oil prices and choppy financial markets hit investments. Difficult market conditions also meant Blackstone was... Read more
6 related stories
12d
Channel NewsAsia
Blackstone earnings miss forecast in choppy marketsNEW YORK: Blackstone Group LP , the world's largest alternative asset manager,
Blackstone earnings miss forecast in choppy markets
Channel NewsAsia / Posted 12 days ago
NEW YORK: Blackstone Group LP , the world's largest alternative asset manager, reported lower-than-expected economic net income of 31 cents per share for the first quarter as choppy financial markets dragged on investment returns. Analysts had... Read more
6 related stories
12d
Reuters
Blackstone earnings miss forecast in choppy marketsThe ticker and trading information for Blackstone Group is displayed at the pos
Blackstone earnings miss forecast in choppy markets
Reuters / Posted 12 days ago
The ticker and trading information for Blackstone Group is displayed at the post where it is traded on the floor of the New York Stock Exchange (NYSE) April 4, 2016. NEW YORK Blackstone Group LP (BX.N), the world's largest alternative asset manager,... Read more
6 related stories
12d
Crain's Chicago Business
Citadel hires Diamondback Capital co-founder to head new equities platformwhich Schimel co-founded with Larry Sapanski and Chad Loweth, once had as much
Citadel hires Diamondback Capital co-founder to head new equities platform
Crain's Chicago Business / Posted 12 days ago
which Schimel co-founded with Larry Sapanski and Chad Loweth, once had as much as $6 billion in assets and counted the Blackstone Group LP and several state pension funds among its investors. But a raid of the office by federal agents and the... Read more
13d
The Sacramento Bee
Sacramento home prices back at pre-bubble levelin Sacramento County had plummeted to $155,000, about half its current level. I
Sacramento home prices back at pre-bubble level
The Sacramento Bee / Posted 13 days ago
in Sacramento County had plummeted to $155,000, about half its current level. Institutional investors such as Wall Street’s Blackstone Group scooped up homes by the hundreds in Sacramento and beyond for single-family rentals. $295,000 Median resale... Read more
13d
Investopedia
Billionaire Sam Zell Thinks the U.S. Economy is "in the 9th Inning"moment, which creates a consumer spending dilemma. Zell is well known for sell
Billionaire Sam Zell Thinks the U.S. Economy is "in the 9th Inning"
Investopedia / Posted 13 days ago
moment, which creates a consumer spending dilemma. Zell is well known for selling Equity Office Properties Trust to the Blackstone Group in 2007 for $39 billion just prior to the market's crash, but when asked about this sale, he said, “I didn’t... Read more
13d
Market Watch
Biden: I’m more than Goofy Uncle Joeatom bombs dropped on our desk,” Biden said. Asked how he responded to the com
Biden: I’m more than Goofy Uncle Joe
Market Watch / Posted 13 days ago
atom bombs dropped on our desk,” Biden said. Asked how he responded to the comment from Steve Schwarzman, the CEO of the Blackstone Group, that the White House effort to tax carried interest as ordinary income was like Hitler invading Poland,... Read more
14d
The Hill
Biden pushes back on Sanders criticismand Biden rejected that raising the carried interest tax would be like “Hitler
Biden pushes back on Sanders criticism
The Hill / Posted 14 days ago
and Biden rejected that raising the carried interest tax would be like “Hitler invading Poland,” a criticism from Blackstone Group CEO Steven Schwartzman. “I'd say it's like us liberating death camps,” said Biden sarcastically. “The truth... Read more
14d
Wallaceburg Courier Press
Bio-companies sign dealthe press release. Comet announced last week that Rich Troyer has been appoint
Bio-companies sign deal
Wallaceburg Courier Press / Posted 14 days ago
the press release. Comet announced last week that Rich Troyer has been appointed chief executive officer of the company. He was previously chief business officer of Coskata, a bio-chemicals company, and a managing director at The Blackstone G... Read more
14d
Sarnia Observer
Bio-companies sign dealthe press release. Comet announced last week that Rich Troyer has been appoint
Bio-companies sign deal
Sarnia Observer / Posted 14 days ago
the press release. Comet announced last week that Rich Troyer has been appointed chief executive officer of the company. He was previously chief business officer of Coskata, a bio-chemicals company, and a managing director at The Blackstone G... Read more
17d
Dallas Morning News
From tiny Dallas body shop to 299 locations, Service King's made an impact in 40 yearsWashington-based Carlyle Group initially bought a majority of Service King in 2
From tiny Dallas body shop to 299 locations, Service King's made an impact in 40 years
Dallas Morning News / Posted 17 days ago
Washington-based Carlyle Group initially bought a majority of Service King in 2012, selling most of its stake to the Blackstone Group in a deal in 2014 that The Wall Street Journal said was valued at $650 million. Things were a lot less... Read more
17d
Fortune
Fairway Signals It’s Likely to File for Bankruptcythe company, which operates about 15 stores in the New York City area, were dow
Fairway Signals It’s Likely to File for Bankruptcy
Fortune / Posted 17 days ago
the company, which operates about 15 stores in the New York City area, were down 5% at 38 cents on Friday. Lenders, led by Blackstone Group bx credit arm GSO Capital Partners, would provide the company with a loan enabling it to continue operations... Read more
3 related stories
17d
The Register NorthJersey.com
Fairway said to be completing deal to put grocer in bankruptcyYork-based grocery chain into Chapter 11 proceedings by the end of May, one of
Fairway said to be completing deal to put grocer in bankruptcy
The Register NorthJersey.com / Posted 17 days ago
York-based grocery chain into Chapter 11 proceedings by the end of May, one of the people said. Fairway's lenders, led by Blackstone Group LP credit arm GSO Capital Partners, would provide a loan enabling it continue operations while still in... Read more
3 related stories
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