The firm's co-founder Randal Nardone will assume the role of interim CEO now that SEC-charged Daniel Mudd (pictured) has taken a leave of absence.
3 min read · 15 January 2013
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.
2 min read · 15 January 2013
The firm has been growing its European distressed debt trading platform and has brought on Goldman Sachs executive Allen Ukritnukun to lead the team as it works to capitalise on the enormous distressed opportunity in the region.
2 min read · 15 January 2013
The social online gaming company’s liquidity event could increase LP appetite for venture capital, considered by some LPs to be the ‘least loved’ of the asset classes.
3 min read · 15 January 2013
After two years of significantly lower commitment levels to alternative investments, the pensions system ramped up its commitment pace this year to about $1.8bn as of 30 September, and has chosen managers like Blackstone, GSO and Oaktree.
2 min read · 15 January 2013
The $50bn pension, which has a 10% allocation to private equity, has committed $50m to TSG Consumer Partners VI, which closed earlier this month on $1.3bn after only 60 days in the market.
1 min read · 15 January 2013
The distressed investment-focused firm has formed a $300m customised account with New Jersey’s $68bn state pension system to take advantage of the huge need for financing in the mid-market.
3 min read · 15 January 2013
Knock-out return for The California Public Employees’ Retirement System’s (CalPERS) from its original $500m commitment to GI Partners Fund I.
2 min read · 15 January 2013
A 1% management fee on invested capital was one of several choice economic terms that New Jersey's alternatives chief Christine Pastore helped build into customised funds managed by Blackstone.
4 min read · 15 January 2013
A group of five banks are extending a $380m debt facility that originally expired in August 2012, leaving the Australian toll road operator with no senior debt maturing before 2014.
1 min read · 15 January 2013
