Blackstone eyes more hiring in Asia to tap private market demand
The alternative asset manager sees huge potential from bringing private markets to individual investors Blackstone is planning to hire more people across Asia to tap growing…
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Blackstone
Blackstone eyes US$2.6 billion of debt to finance power merger
Electricity demand is soaring globally as the data centres needed for Big Tech’s artificial intelligence objectives put pressure on power grids A group of banks led by Barclays is shopping…
SMBC Asia inks debut US$3.2 billion SRT with Blackstone, Stonepeak
Globally, synthetic risk transfer volumes are projected to expand 11% annually over the next two years Sumitomo Mitsui Banking Corporation’s (SMBC) Asia-Pacific arm has completed its first…
CDL to sell Osaka hotel for 14 billion yen to Blackstone funds
The proposed divestment aligns with the real estate company’s capital recycling and portfolio optimisation efforts City Developments Limited (CDL) is proposing to divest a hotel in Osaka,…
ABN Amro to buy NIBC Bank from Blackstone for 960 million euros
The deal will cut the Dutch bank’s CET1 capital ratio by about 70 basis points at closing ABN Amro Bank said it will acquire NIBC Bank from Blackstone for about 960 million euros (S$1.45…
Blackstone profits soar but lower rates bring scrutiny to credit
The US$1.2 trillion firm is a giant non-bank lender in its own right, with credit dominating flows in the third quarter Blackstone sent the strongest signal yet that private equity…
Dublin office woes hit private equity firms from Blackstone to Brookfield
The city’s vacancy rate has doubled in the last six years, exceeding the 10% reached in Paris and 8% in London and Lisbon A PARTIALLY empty, five-story building close to the old Guinness…
Blackstone, TPG near Hologic deal for more than US$17 billion
The parties are currently discussing a price of above US$75 a share, according to sources Blackstone and TPG are in advanced negotiations to acquire Hologic in a deal that could value the…
Blackstone hits US$10 billion Asia buyout fund goal amid private equity chill
The world’s biggest asset manager’s fundraising comes as global investors are growing more cautious about private equity Blackstone hit a US$10 billion target for its latest Asia buyout…
KKR, Blackstone turn India into Asia’s buyout HQ after China dip
The South Asian nation offers strong economic expansion, with broader investment opportunities across sectors from infrastructure to manufacturing Global asset managers from KKR to…
Blackstone revamps Asia real estate unit as Miyasaki steps down
Blackstone is revamping the senior management at its Asia real estate unit as its long-serving head of acquisitions is set to leave, sources familiar with the matter said. Alan Miyasaki,…
Blackstone revamps Asia real estate unit as senior executive steps down
Blackstone is revamping the senior management at its Asia real estate unit as its long-serving head of acquisitions is set to leave, sources familiar with the matter said. Alan Miyasaki,…
Blackstone to invest in South Korean hair care business Juno
The investment underscores the broader appeal of K-beauty to private equity firms, as they seek to capitalise on the growth of South Korea’s beauty culture Blackstone agreed to…
Blackstone makes first hire for Japan private credit origination
The Japanese market has become a vital source of money for private credit funds, as investors from high-net-worth individuals to insurers allocate more into the asset class …
Social Media Troll Blackstone Executive Wesley LePatner's Death with Luigi Mangione-Inspired Memes
Some social media users responded to the death of Blackstone executive Wesley LePatner, a victim of the mass shooting, with Luigi Mangione-inspired memes. LePatner was killed at 345 Park…
Blackstone drops out of consortium bid for TikTok US: source
PRIVATE equity giant Blackstone has withdrawn from a consortium seeking to invest in TikTok’s US operations, a source familiar with the matter told Reuters on Friday. The latest change…
Hong Kong Jockey Club to unload US$1 billion in Blackstone, Warburg funds
The Hong Kong Jockey Club is divesting as much as US$1 billion in funds held with Blackstone and other buyout firms, offloading US assets amid escalating trade tensions that have…
Blackstone said to be in talks to buy embattled Allegiant resort
KSTONE is in talks to purchase Allegiant Travel’s Sunseeker resort, moving the parent of Allegiant Airlines closer to shedding the beleaguered retreat that had been a drag on…
Blackstone lowers offer for warehouse Reit, extends deadline
S managed by Blackstone have lowered an offer to purchase Warehouse real estate investment trust (Reit) Plc after matters uncovered in due diligence made a previous bid…
Blackstone, Vanguard, Wellington to launch private markets fund
Traditional asset managers have been seeking ways to move beyond stock and bond funds into higher-margin businesses, including private equity and private credit Blackstone,…
Blackstone President Donates $125 Million to Tel Aviv University
As Israel faces a doctor shortage, Jonathan Gray, the president of the investment firm Blackstone, and his wife, Mindy, are donating $125 million to Tel Aviv University’s health science…
Blackstone in talks to sell China logistics assets in divestment
BLACKSTONE is in advanced talks to sell three logistics projects in China to Ping An Insurance (Group), according to sources familiar with the matter, in a major exit from the business…
Blackstone to buy Tokyo complex from Seibu for 400 billion yen
BLACKSTONE Inc is buying a mixed-use complex in Tokyo from Seibu Holdings in the largest real-estate acquisition by a foreign fund in Japan. The world’s largest alternative asset manager…
Blackstone tops profit estimate as its assets hit record, dealmaking picks up
BLACKSTONE beat Wall Street’s expectations on its key quarterly earnings metric on Thursday (Oct 17), as the world’s largest alternative investment firm’s assets under management (AUM) hit…