3 hrs ago
WNYC-AM New York
Cuomo's Sandy Charity Benefits Private Equity Investors
While Sandy victims in New York wait anxiously for government assistance to rebuild their homes, a charity organized by Gov. Andrew Cuomo in the wake of the storm to aid homeowners has steered millions of dollars to two troubled state-sponsored housing developments in Brooklyn.
Thu Dec 12, 2013
Levine on Wall Street: Unloading 2007
The beginning of a global financial crisis is not traditionally a great time to do a leveraged buyout, but 2007 saw the private-equity buyouts of food services company Aramark and hotel company Hilton Worldwide, and both lived to tell the tale.
Foreclosures Drop to Eight-Year Low as Crisis Wanes: Mortgages
Foreclosure filings in the U.S. plunged last month to the lowest level in almost eight years as investor purchases and an improving economy brought the end of the housing crisis within sight.
The Washington Post
Castlelake Is Targeting $1 Billion for Distressed Asset Fund
Castlelake LP, the investment firm formerly known as TPG Credit Management LP, is targeting $1 billion for its next fund that will purchase U.S. and European distressed assets, according to an investor presentation.
"The Blackstone Group L.P. (BX) - Medical Equipment - Investment...
The company provides alternative asset management and financial advisory services.
The Washington Post
Blackstone's Hilton Raises $2.35 Billion in Record Hotel IPO
Hilton Worldwide Holdings Inc., the world's biggest hotel operator, raised $2.35 billion in a record initial public offering for a lodging company.
Wed Dec 11, 2013
SeaWorld Prices $18M Share Offering by Blackstone Affiliated Shareholders at $30.00/Share
SeaWorld Entertainment today announced the pricing of an offering by the selling stockholders affiliated with The Blackstone Group L.P .
Manulife buys Wellesley Office Park for $237M
In the latest sign that the Blackstone Group is shedding major pieces of its local Equity Office portfolio, Manulife Financial Corp. has purchased Wellesley Office Park for $237 million.
The Washington Post
Schwarzman Says Blackstone Sold Long Fixed-Rate Investments
Blackstone Group LP co-founder Steve Schwarzman said his firm sold most long-dated fixed-rate investments and moved to floating-rate investments as interest rates start to rise.
Arthur J. Higgins Joins Endo Health Solutions Inc. Board Of Directors
Recognized for his strategic capabilities, Mr. Higgins has over 30 years of domestic and international pharmaceutical industry experience.
Scout Partners relocates Hunt Yachts Chesapeake to Oxford, Md.
Scout is a partnership between David Howe and Peterson Capital LLC, which was created specifically to work closely with U.S.-based companies that show significant potential for long-term success.
Blackstone's Hilton Joins Ranks of Biggest Deal Paydays
Hilton Worldwide Holdings Inc., once seen as a black mark on Blackstone Group LP 's record in real estate, is poised to generate one of the two biggest private-equity profits of all time.
Tue Dec 10, 2013
Blackstone Steps Up Asia Property Deals as Rivals Fade
The logo for Blackstone Group LP is displayed during the opening of the company's new office in Singapore.
Blackstone Mortgage Trust Announces The Appointment Of Paul Quinlan As Chief Financial Officer
Mr. Quinlan will succeed as our new CFO. Paul was a key member of the Blackstone deal team for the strategic transaction with Capital Trust prior to its "re-IPO" as BXMT.
The Blackstone Group L.P. Target of Unusually High Options Trading
Shares of The Blackstone Group L.P. was the target of some unusual options trading on Monday.
Mon Dec 09, 2013
Singapore Bets on Blackstone's Hilton IPO After 2010 Debt Restructuring
Now, GIC is prepared to hold onto a large chunk of Hilton Worldwide shares as the company moves towards an initial public offering.
Virtualization Helps Even Small Businesses
Although it isn't as publically known as smartphone adoption, one of the big technology revolutions currently unfolding is virtualization.
Sun Dec 08, 2013
Pensions & Investments
Best places to work: the Blackstone Group
When an intern or lower-level analyst at The Blackstone Group LP wants to chat with the boss, all he or she has to do is call.
Thu Dec 05, 2013
Blackstone responds to Jon Stewart
The Blackstone Group found itself in The Daily Show's sights last night, based on a seemingly-brazen piece of self-dealing that was first uncovered late last month by Bloomberg News .
The New York Observer
The Daily Show Calls Out News Outlets For Not Covering Blackstone Deal
Last night, The Daily Show criticized news outlets for failing to cover a credit default swap scheme by Blackstone Group that was first reported by Bloomberg News back in October.