Blackstone related stories
All articles and analysis
Private debt fund managers target $124bnAlmost 200 private debt funds are chasing combined commitments of $124 billion, according to PEI research, as managers look to exploit credit opportunities created by banks’ partial retreat from the market.
- New Jersey loses investment official
Bryan Martin, who joined New Jersey last year to head up real estate and real assets and helped design the system’s innovative separate accounts business, has joined an insurance agency in Nebraska.
- Carlyle to go public(2)
The Washington, D.C. behemoth is to join the ranks of KKR, The Blackstone Group and Apollo Global Management via an initial public offering on the New York Stock Exchange.
- Blackstone funds Germany’s largest offshore wind farm
A subsidiary of the private equity group has secured the backing of nine banks to help fund the €1.2bn project – ‘the first German wind farm to be fully financed by private investors’. Blackstone has also acquired a licence to build another offshore wind farm worth €1.3bn.
- Carlyle, Energy Capital talks end without agreement(2)
Carlyle had reportedly been in talks to acquire the New Jersey-based energy-focused firm, which closed its $4.3bn second fund in 2010.
- Blackstone reportedly among bidders for Centro assets(4)
GIC, Centerbridge and Oaktree are also said to be bidding for the assets of the ailing Australian property investment firm.
- Blackstone to buy $300m US loan portfolio
The New York-based private equity giant will acquire a nine-loan portfolio, backed by US hotel, retail and office properties, from struggling German bank Eurohypo on behalf of the firm’s latest global real estate fund.
- The law of probabilities
Some improbable events took place in 2011. In our final newsletter of the year, we take a completely unscientific approach to weighing up the probability of certain other significant developments happening in 2012.
- Blackstone division buys controlling stake in UK homebuilder
Blackstone’s credit business GSO Capital Partners has injected The Miller Group with £160m of capital, resulting in a roughly 50 percent ownership stake in the largest privately-owned homebuilder in the UK.
- News analysis: Rumble in the concrete jungle
Lehman Brothers has no time to celebrate its move to emerge from bankruptcy, as it is gearing up to fight for control of the largest real estate asset on its books: Archstone.