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Looking back on asset management stocks’ Q2 earnings, we examine this quarter’s best and worst performers, including Blackstone (NYSE:BX) and its peers.
Nadeem Meghji’s departure adds to the list of real-estate executives departing Blackstone over the past three years.
Firmus runs two data centres and has five more under development
IFS vs. BX: Which Stock Is the Better Value Option?
Reuters and Bloomberg reported that Blackstone Inc. (NYSE:BX) offered to sell up to 25% of India’s Knowledge Realty Trust, a real estate investment trust it backs alongside local partner Sattva Group, in a deal that could raise as much as $1.25 billion to $1.3 billion. The floor price of 108 rupees per unit represented a […]
Institutional investors are beginning to allocate capital to “evergreen” private market funds that Blackstone Inc. (NYSE:BX) and KKR & Co. Inc. (NYSE:KKR) originally built for wealthy individuals, the Financial Times reported. Evergreen funds let investors access capital at set intervals rather than locking it up for a decade-long private equity fund life. Blackstone’s wealth business […]
Blackstone (NYSE:BX) joined Waymo’s first major debt financing, a US$3b deal that marks the autonomous driving company’s debut in the debt market. The firm is also preparing Hotel Investment Partners for a public listing in Spain, aiming to bring its hotel platform to public equity investors. Together, these moves extend Blackstone’s reach into high profile technology lending and public market monetisation of hospitality assets. Blackstone is far from the only stock tied into themes such as...
Circle Internet Group, Inc. (CRCL) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Blackstone said it would limit withdrawals to 5% of the fund’s shares, which is typical for these types of semi-liquid funds.
KKR manages nearly $800 billion in assets, yet its next big bet is a Phoenix company that fixes broken garage doors. The logic behind a $2 billion valuation reveals something unsettling about where private equity is hunting for returns.
Retail investors in Blackstone’s flagship private-credit fund continue to head for the exits. Blackstone Private Credit Fund, the largest private-credit fund pitched at individual investors, received redemption requests totaling $4.3 billion in its latest quarter, accounting for about 10% of shares outstanding. It experienced another quarter of net outflows, losing about 3% of its net asset value.
Blackstone and Cliffwater have seen redemption requests of about 10% and 16%, respectively, at their private credit funds.
Financial stocks were advancing in Thursday afternoon trading, with the NYSE Financial Index and the
All three major US stock indexes were up in late-morning trading Thursday, while the rise in Treasur
The Alphabet unit is working with Goldman Sachs to finalize the loan, which could price at more than 500 basis points over the benchmark
Broadcom Inc. (NASDAQ:AVGO) CEO Hock Tan has an unusual way of explaining why the company is helping finance Anthropic‘s and OpenAI‘s AI infrastructure buildout: he compares them to two geniuses stranded in the middle of Mongolia who need help getting to college. Financing Two “Geniuses” On the company’s third-quarter earnings call on Wednesday, Tan said only two of Broadcom’s six major AI chip customers need financing, with Anthropic and OpenAI needing outside capital to keep pace with the cost
Investing.com -- Waymo is close to securing its first debt financing, with Pacific Investment Management Co. and other lenders set to provide more than $3 billion to Alphabet Inc.'s autonomous driving unit, Bloomberg reported on Wednesday.
Waymo is in the final stages of talks to raise debt for the first time, tapping lenders including Pacific Investment Management Co. for more than $3 billion as it looks to become the leading robotaxi company globally.
Blackstone (BX) is preparing to list hotel group Hotel Investment Partners, or HIP, in Spain, CincoD
Financial stocks fell in late Tuesday afternoon trading with the NYSE Financial Index declining 0.7%
Financial stocks fell in Tuesday afternoon trading with the NYSE Financial Index declining 0.5% and
Blackstone stock has delivered a strong 3 year return, yet the current market price screens as expensive on both an intrinsic value estimate and on market multiples. The key issue for investors is that Blackstone does not currently look like a clear bargain based on these checks. Over the past 3 years, Blackstone has returned about 50.8% which means recent investors have already seen substantial gains that may limit the margin for error at today’s price. Future fee growth and cash flows from...
Why Blupine Energy rumors matter for Blackstone stock Blackstone (BX) is back in focus after reports that Actis is exploring a sale of Indian renewables player Blupine Energy, with Blackstone listed among several potential bidders for the asset. The reported sale process, which sources say could value Blupine Energy between US$1.5b and US$2b, highlights how Blackstone continues to be linked to large scale energy and infrastructure assets in growth markets. For context, Blackstone shares trade...
The overlapping portion of Business Development Company funds has risen from about 10% of the average portfolio in 2010 to over 55% today.
While high prices, borrowing costs and uncertainty have given plenty of would-be real estate investors reasons to wait, real estate investor Grant Cardone is pointing to what some of the biggest players are doing with their money. “Institutions are buying...
BENGALURU, Aug 28 (Reuters) - Blackstone has proposed to sell up to 25.03% of Indian real estate investment trust Knowledge Realty Trust in an offer for sale, an exchange notice showed on Friday.
Are the headwinds clearing for business development companies, or is there more to consider?
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