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Blackstone Inc., one of India’s largest landlords, is tapping Citigroup Inc. to raise at least $200 million-equivalent to back its purchase of South City Mall in Kolkata, according to people familiar with the matter.
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Blackstone Credit & Insurance and ITE Management also launched a strategic forward flow partnership. Under this, BXCI will target providing ITE with up to $2 billion of capital for investments and financing over the initial phase of the partnership.
Blackstone Inc.’s credit and insurance arm is purchasing a minority stake in ITE Management — a firm focused on investing in transportation infrastructure — and is buying as much as $2 billion of debt from it, according to a statement.
Infrastructure investing in the US was starting to boom in 2007 and Mike Dorrell was looking to capitalize on his expertise.
Blackstone Inc., one of the largest landlords in India, is nearing a deal to acquire South City Mall in Kolkata for as much as $400 million, according to people with knowledge of the matter.
Blackstone Inc. President Jon Gray remains bullish on the role of data centers to power artificial intelligence and daily life.
Steve Schwarzman said Blackstone Inc. is happy to plow more money into its investments related to the growth of artificial intelligence as firms grapple to provide the necessary power to supply the swelling data centers.
Funds managed by Blackstone Inc. and Sixth Street Partners made a £470 million ($598 million) bid for Warehouse REIT Plc that was subsequently rejected by the UK industrial landlord.
Blackstone Inc. is buying a company that helps drugmakers run clinical trials in Japan, adding to growing interest from private equity firms in the health needs of the nation’s aging population.
Adevinta ASA, the European online classified company backed by Blackstone Inc. and Permira, is nearing an agreement to sell its stake in Austrian digital marketplace Willhaben, according to people familiar with the matter.
Blackstone Inc. Chief Executive Officer Steve Schwarzman collected just over $1 billion in pay and dividends in 2024, putting the spotlight on the billionaire’s wealth just as Washington takes aim at how private equity profits are taxed.
Blackstone Inc. tapped a longtime McKinsey & Co. executive to steer the operators behind the $1.1 trillion private equity firm’s portfolio companies.
Blackstone Inc. is in advanced talks to sell three logistics projects in China to Ping An Insurance (Group) Co., according to people familiar with the matter, in a major exit from the business amid rising appetite among domestic investors.
Banks and direct lenders are vying to provide as much as €6.5 billion ($6.8 billion) in debt for Adevinta ASA, an online classifieds group.
Blackstone Inc. has raised $5.6 billion for a fund dedicated to investing in the transition to cleaner energy, people familiar with the matter said.
Asian private equity firm PAG is considering options that may lead to a sale of its majority stake in Mumbai-listed Nuvama Wealth Management Ltd., according to people familiar with the matter.
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Private equity firm Genstar Capital is in talks to acquire a controlling stake in First Eagle Investment Management, which is majority-owned by Blackstone Inc. and Corsair Capital, according to people with knowledge of the matter.
Sun Communities said the transaction meaningfully de-leverages its balance sheet.
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A unit of Blackstone Inc. agreed to acquire a marina and yacht servicing business for $5.65 billion in a bet on US boaters.
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Blackstone Inc. is in advanced talks to acquire vaccine management company VaxCare Corp. for about $1.7 billion including debt, according to people familiar with the matter.
Blackstone Inc. is considering tapping the asset-backed securities market to fund the expansion plans of AirTrunk Pte., an Australia-based date center firm that it acquired last year, according to people familiar with the matter.
Bausch and Lomb chairman and CEO Brent Saunders