Blackstone related stories
All articles and analysis
Blackstone to buy home healthcare provider for $1.6bnApria Healthcare Group has also secured a $280m credit facility in conjunction with the take-private, a positive sign for the leveraged buyout world as healthcare continues to be a favored target.
- KKR shuffles executives in further institutionalisation
Scott Nuttall, the head of KKR’s financial services group, will also oversee fundraising and broker-dealer activities, while Todd Fisher, co-founder of the firm’s London office, will fill a newly created role of chief administrative officer. Perry Golkin will narrow his investor relations activities.
- JPMorgan pro to launch GSO Capital's Asian operations
Tim Donahue, former head of JPMorgan's Asia Pacific leveraged finance group, will start Blackstone-owned GSO's Asian credit business.
- Blackstone taps Merrill Lynch exec as CFO
The listed mega-buyout firm has hired Merrill chief operating officer Laurence Tosi to replace long-time partner Michael Puglisi, who will stay on as a senior managing director.
- Report: China invests $2.5bn in TPG fund
The private equity firm’s latest global buyout fund, targeting an estimated $20bn, now reportedly counts China’s State Administration of Foreign Exchange as a substantial investor.
- Carlyle shopping for hedge fund platform
As the firm looks for ways to further bulk up and diversify its assets under management, Carlyle is also seeking to strengthen economic ties with energy firm Riverstone.
- £3bn demand for Alliance Boots
The syndicating banks are now reconsidering the amount they want to sell as the planned £1bn syndication is over-subscribed at the discounted rate of 91 percent to face value. Some of the selling banks are reluctant to meet the demand.
- Blackstone nabs SAC trading ace for Asian expansion
The firm has hired Aaron Nieman to build an event-driven hedge fund platform targeting the Asia-Pacific region.
- American Capital and European Capital back Candover refinancing
The European Capital deal follows its share buy-back and increased dividend this week, as it reported a first quarter earnings loss related to its introduction of 'fair value' accounting.
- Blackstone blames Deutsche Telekom, FAS 157 for first quarter loss
On a conference call, president Tony James touted his firm’s deal flexibility but said prices are ‘still way too high’ in the middle market.