Hints and tips:
Related Special Reports
...“I would always be cautious about any company that does not have its dividend covered,” said Nate Koppikar, a partner at hedge fund Orso Partners, which has bet against Blackstone shares....
...Performance has not been good,” said Patrick Ghali, managing partner at Sussex Partners, which advises clients on fund investments....
...The $1tn US firm is footing the bill for Pallas Partners to assess whether Blackstone can bring claims against Bain Capital and other parties over the 2020 collapse of Italian tyremaker Fintyre, according...
...deal advisory and capital markets businesses....
...“For a lot of LPs [limited partners] that are overallocated to private equity or having liquidity issues, getting cash at hand through secondary sales is a sure thing,” said an executive at a public fund...
...There will also be an undisclosed amount of debt financing provided by a group of private lenders including Blackstone Credit, HPS Investment Partners and Blue Owl Capital....
...KKR co-financed its $1.1bn music catalogue deal later that year with Dundee Partners, the family office of Stephen Hendel, a former Goldman Sachs partner....
...Job moves Fenchurch Advisory Partners, the UK-based investment bank focused on the financial sector, has hired two managing directors in New York as founder Malik Karim eyes expanding in the US....
...After leaving Goldman Sachs, he worked at hedge funds the Children’s Investment Fund and Theleme Partners....
...In 2017, Schwarzman chaired an advisory board to then-president Trump and travelled with him to Saudi Arabia....
...Blackstone president Jonathan Gray told the Financial Times last May the world’s largest private capital group — which has $1tn of assets under management — could become a “valuable partner” to banks looking...
...It has managed the property with its partner Kryalos, an Italian real estate firm....
...PwC, KPMG and Grant Thornton are among the large accounting firms to have sold parts of their advisory businesses to private equity....
...“There have been fewer LBOs and therefore less new loan volume,” said Michael Patterson, a governing partner at asset manager HPS Investment Partners....
...Hoxton Ventures has named Bryan Gartner as a partner in London. He was previously a partner at Khosla Ventures....
...The private equity pioneer, which bought a catalogue from Kobalt Capital worth $1.1bn in October 2021, recently hired advisory firm Raine Group to evaluate options for its music assets after receiving interest...
...Managers return far less cash to limited partners. They then cannot recycle money back into funds....
...Paul Weiss has hired Ross Ferguson as a partner in Brussels as the firm gears up to open an office in the capital, Financial News reports. He previously worked for Simpson Thacher....
...That has changed in recent months, with two of Blackstone’s largest rivals in the space — HPS Investment Partners and Blue Owl — already issuing CLOs backed by large private loans....
...Roberts: The Hulu billion-dollar showdown Can Goldman Sachs be more like Blackstone?...
...The Adevinta funding package, financed by lenders including Blackstone’s credit arm, Singapore’s sovereign wealth fund GIC and Sixth Street Partners, ranks among the largest loans ever cut by direct lenders...
...Blackstone also majority owns the company’s investment adviser — Hipgnosis Song Management — that is paid advisory fees by the London-listed fund....
...An influential shareholder advisory group has recommended that Disney’s investors support Nelson Peltz’s pitch for a seat on its board of directors, breathing life into the billionaire activist’s struggling...
...Blackstone Group is selling a stake in Spanish hotel group Hotel Investment Partners to Singaporean sovereign wealth fund GIC, in a move that will provide capital for the business to expand at a time when...
...The business was purchased in 2018 by Blackstone Core Equity Partners, a long-hold buyout fund whose investors included Canada Pension Plan, NY State Common Retirement Fund, North Carolina Retirement Systems...
International Edition