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PAI buyout funds since inception Fund name Vintage Total commitment Focus Status PAI LBO Fund 1998 €650 million Buyout Liquidated PAI Europe III 2001 €1.8 billion Buyout Liquidated PAI Europe IV 2005 €2.7 billion Buyout Liquidated PAI Europe V [16] 2008 €2.7 billion Buyout Exit phase PAI Europe VI [17] 2015 €3.3 billion Buyout Exit phase
(Reuters) -Workplace collaboration software maker Smartsheet will be taken private by Vista Equity Partners and Blackstone in a deal worth $8.4 billion, the companies said on Tuesday, in the ...
Buyout firms Vista Equity Partners and Blackstone are in advanced talks to acquire Smartsheet, in a deal that could value the collaboration-software maker at close to $8 billion, people familiar ...
Blackstone was originally formed as a mergers and acquisitions advisory boutique. It advised on the 1987 merger of investment banks E. F. Hutton & Co. and Shearson Lehman Brothers, collecting a $3.5 million fee. [8] [9] Blackstone co-founder Peter Peterson was the former chairman and CEO of Lehman Brothers.
The recent stock market correction has been brutal for The Blackstone Group (BX). Since mid-April, the firm's shares have gone from $15.25 to $10.58. On Thursday, though, the alternative asset ...
The firm's most recent fund, BC Partners X, was one of the largest buyout funds raised in 2018. [ 11 ] BC Partners was until recently majority shareholder of Intelsat , the global satellite services provider valued at US$16.6 billion in its leveraged buyout in 2007—one of the largest private equity buyouts of all time led by a consortium of ...
Selldown of the jumbo $13.5 billion financing backing Blackstone Group’s (BX.N) $20 billion acquisition of a 55 percent stake in Thomson Reuters’(TRI.TO) Financial and Risk unit is under way ...
In March 2018, the Blackstone Group acquired a minority stake in PAG. [9] [10] [11] In 2019, PAG formed Polymer Capital Management, a long/short equity hedge fund. [12] In March 2022, PAG filed for an initial public offering (IPO) in Hong Kong aiming to raise $2 billion. However, in August 2022, it was reported that it would delayed due to ...