Business
Blackstone leads the race to unlock US$7 trillion of cash in Japan
The firm and rivals are trying to coax them to put more of it in private equity and credit Steve Schwarzman has become an unlikely fixture…
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Blackstone
Business
Blackstone folds hedge fund seeding into US$60 billion business
SAF typically gives emerging managers locked-up startup capital in the region of US$150 million, in exchange for a cut of their revenue…
Business
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…
Business
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…
Business
SMBC Asia inks debut US$3.2 billion SRT with Blackstone, Stonepeak
Globally, SRT volumes are projected to expand 11% annually over the next two years Sumitomo Mitsui Banking Corporation’s (SMBC)…
Business
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…
Business
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…
Business
Blackstone, Saudis’ Humain ink US$3 billion data centre deal
Middle Eastern entities have also emerged as a particularly crucial source of funding for the capital-intensive sector Private equity…
Business
Blackstone profits soar but lower rates bring scrutiny to credit
The expectation for lower interest rates is also a double-edged sword for the firm, threatening the profits of the company’s largest…
Business
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…
Business
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…
Business
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…
Business
KKR, Blackstone make US$17 billion natural gas bet after AI boost
Private credit lenders have been increasingly focused on investment-grade companies and large public firms for financing opportunities as…
Business
Blackstone, KKR drive US$1.41 billion surge in private-equity deals in Korean beauty
Recent investments by Blackstone and KKR could help push deals made this year in sector past those in 2024 From a premium hair salon chain…
Business
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…
Business
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,…
Business
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,…
Business
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…
Business
Blackstone makes first hire for Japan private credit origination
Firms are also pursuing private loan origination in Japan, seeking to offer an alternative to bank financing. Blackstone made its first…
News
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…
News
Who Was Wesley LePatner? Glamorous Blackstone Executive and Mom of Two Identified as One of the Victims of Midtown NYC Shooting
A Blackstone executive was among the four people shot and killed by the gunman who opened fire inside a Midtown office building, the…
Business
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…
Business
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…
Lifestyle
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…