[ad_1] Blackstone is promoting two senior executives to the newly created roles of co-chief investment officers as the firm adjusts to life as a trillion-dollar asset manager. In their new…
Tag: BX
A Real-Estate Juggernaut Ran Off the Rails in 2023
[ad_1] From 2019 to 2022, a new type of real-estate fund became one of the hottest fundraising juggernauts on Wall Street by giving individual investors the chance to participate in…
What’s a Real-Estate Fund Worth? Depends on Who’s Doing the Math
[ad_1] The term “net asset value,” or NAV, is so commonplace for anyone buying a mutual fund, investors hardly give it a second thought. It has a standard definition. The…
WSJ News Exclusive | Blackstone Nears $2.5 Billion Deal to Buy Software Developer Civica
[ad_1] Updated Nov. 21, 2023 12:07 pm ET Blackstone is in advanced talks to buy Civica in a deal valuing the U.K.-based software developer at close to $2.5 billion including…
Private Debt Was Supposed to Collapse When Rates Rose. Instead It Is Everywhere.
[ad_1] Wall Street’s doom-mongers spent years warning that private lenders would be the next bubble to burst when central banks tightened policy. Instead, the funds are becoming even more ubiquitous…
Private Equity, Now Featuring Less Equity
[ad_1] Giants like Apollo, Blackstone and KKR made their names in the business of private equity. But today, the thing that investors seem most excited about is growth in their…
The New Kings of Wall Street Aren’t Banks. Private Funds Fuel Corporate America.
[ad_1] Listen to article (2 minutes) Hyland Software, a business software company based in Ohio, relied on Credit Suisse for years to arrange billions of dollars in loans. After the…
WSJ News Exclusive | Private Equity-Owned Healthcare Companies to Join in $3 Billion Merger
[ad_1] Private-equity firms New Mountain Capital and Marlin Equity Partners plan to merge two companies they own in a bid to create an all-in-one technology platform for employers and patients…
Stocks Sink After Being Yanked by Powell Comments
[ad_1] Stocks ultimately sank Thursday after being whipsawed by remarks from Federal Reserve Chair Jerome Powell. Powell’s comments jostled markets as investors were weighing bond yields’ ascent toward 5%, the…