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...“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...
...The record haul comes as other large asset managers including Blackstone and KKR, and specialised infrastructure investors such as Global Infrastructure Partners, have raised substantial new funds or are...
...At $6.4bn, KKR’s Asia Pacific Infrastructure Partners II fund is the largest pan-regional infrastructure-dedicated fund....
...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....
...Blackstone turned up at just the right time....
...After leaving Goldman Sachs, he worked at hedge funds the Children’s Investment Fund and Theleme Partners....
...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....
...“There have been fewer LBOs and therefore less new loan volume,” said Michael Patterson, a governing partner at asset manager HPS Investment Partners....
...Managers return far less cash to limited partners. They then cannot recycle money back into funds....
...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....
...Over the past 16 years, big buyout groups such as Blackstone, KKR, Apollo and TPG have transformed from clubby partnerships into publicly traded corporations with large public market valuations....
...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...
...Nat Zilkha, a former KKR partner who had led the firm’s recent music push, said higher interest rates had increased the attractiveness of non-music investments “that are closer to home for lots of these...
...Hoxton Ventures has named Bryan Gartner as a partner in London. He was previously a partner at Khosla Ventures....
...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...
...Brookfield, Blackstone, Global Infrastructure Partners and I Squared have also invested in projects that export liquefied natural gas produced in the US, a business that has boomed as western European economies...
..., Blackstone and Eaton Vance....
...CT Fitzpatrick, chief investment officer of Vulcan Value Partners, a large Carlyle shareholder, commended Schwartz’s deliberate approach....
...In the more than decade-long period of low interest rates, the average buyout fund returned around 18 per cent, according to data from Adams Street Partners....
...Blackstone and Apollo declined to comment....
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