Tag:
Blackstone Group
Latest Headlines
Latest Headlines
Blackstone Group earnings reflect big changes
There’s a reason why the top private equity companies have been bent on diversification away from core buyouts. The conventional wisdom holds that the heyday is over--that the glorious returns...
The future of Blackstone Group
In 2007, Fortune anointed Blackstone Group CEO Steve Schwarzman "The New King of Wall Street." In retrospect, it looked like a classic case of the magazine-cover curse, which dooms anyone featured so
Carried interest tax debates ignites again
The Obama Administration's proposed jobs bill has revived the idea of raising the tax on carried interest, the portion of an alternative investment manager's income that stems from performance. Such
Carlyle Group aims to go public
For alternative asset managers that did not make it to the public markets before the financial crisis, another opportunity loomed earlier this year, as the IPO market heated up. It was assumed that
Private equity real estate funds stage recovery
In a sign of the rising fortunes of private equity real estate funds, a Goldman Sachs $2.5 billion mezzanine fund has competed its largest deal to date. According to Deal Journal, the fund has teamed
Leon Black throws himself lavish birthday party
Much like the hedge fund industry, the private equity industry is driven by personal brands. The top dogs, even when they have all but passed the baton internally, are still critical to the smooth
Elevator outage hits private equity firms
Would it surprise you to learn that some of the top private equity firms actually toil out of the same office building? Turns out the likes of KKR, Apollo Global Management, Providence Equity
KKR posts negative earnings surprise, Blackstone Group fares better
KKR disappointed the markets with weak second-quarter "economic net income" of $315.0 million versus $433.1 million a year ago. After-tax economic net income was $0.36, compared with the average
Hedge fund seeders eye next generation talent
For hedge fund seeders, these are good times. As an industry, hedge funds seem to have finally vanquished the ill-effects of the financial crisis and big pensions and endowments are as hungry as
Carlyle and Oaktree aim for IPO
With the IPO market warming up, even as the after-market for IPOs cools, more alternative investment managers are aiming for an initial public offering. Carlyle Group, the private equity powerhouse,
