Search results
Results from the WOW.Com Content Network
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 PAI Mid-Market [18] 2020 €918 million Buyout Investment phase PAI Europe ...
New York-based BlackRock announced last week plans to buy private credit firm HPS Investment Partners for about $12 billion in a deal that BlackRock CEO Larry Fink said will allow the companies to ...
Blackstone was founded in 1985 by Peter G. Peterson and Stephen A. Schwarzman with US$400,000 (equivalent to $1.1 million in 2023) in seed capital. [2]: 45–56 [3] The founders derived their firm's name from their names: "Schwarz" is German for "black"; "Peter", "Petros", or "Petra" (Πέτρος and πετρα, the masculine and feminine rendering of the word, respectively) means "stone" or ...
Blackstone Group LP, the world largest alternative asset manager, has raised over $22 billion for its latest buyout fund, setting it on course to be the private equity industry's biggest ever, a ...
The US$8 billion-equivalent term loan B portion of the debt financing backing Blackstone Group’s US$20 billion acquisition of a 55% stake in Thomson Reuters’ Financial and Risk (F&R) unit is ...
As part of AIG's 2020 plan to form an independent company of its life and retirement insurance business with a 2022 IPO, the company announced, in July 2021, that Blackstone Group would acquire 9.9% of the new unit for $2.2 billion cash.
Buyout firms KKR, Blackstone and CVC are among bidders competing for a stake in the hospital unit of Philippines' Metro Pacific Investments Corp, people with knowledge of the matter told Reuters.
Schwarzman's The Blackstone Group completed the first major IPO of a private equity firm in June 2007. [31] On March 22, 2007, The Blackstone Group filed with the SEC [62] to raise $4 billion in an initial public offering. On June 21, Blackstone traded a 12.3 percent stake in its ownership for $4.13 billion in the largest U.S. IPO since 2002.