Investing.com -- Blackstone Digital Infrastructure Trust drew mixed reviews from Wall Street on Monday as analysts initiated coverage of the newly listed data center REIT, with RBC Capital Markets citing strong growth potential from AI-driven infrastructure demand while BMO Capital Markets urged caution over execution and valuation risks.
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Blackstone is attempting to offload more than $2bn of stakes it holds in private investment funds in one of the biggest deals of its kind, offering...
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Blackstone (BX) moved into focus after it restricted withdrawals at its flagship private credit fund, echoing similar redemption caps at peers and prompting investors to reassess liquidity across private credit and private equity products. See our latest analysis for Blackstone. At a share price of $115.35, Blackstone has retreated sharply this year, with a year to date share price return down 27.36%, even though the 3 year total shareholder return of 43.52% points to a stronger longer run...
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A number of stocks fell in the afternoon session after the May jobs report drove Treasury yields to levels that directly challenge the sector's business model.
Blackstone just made its biggest private equity bet ever in a key market. It blew past its $10 billion target. It also more than doubled the size of the prior fund, which raised roughly $6 billion. The fund was oversubscribed and hit its hard cap. For the world's largest alternative asset manager, ...
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A number of stocks jumped in the afternoon session after investors rotated out of AI and chip stocks and into financial names that had lagged during the technology bull run.
Under pressure from investors, lenders are increasing costs and curbing sweeteners they used to win loans in an era of ultra-competition.
The S&P 500 Index ($SPX ) (SPY ) on Thursday closed up +0.41%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed up +1.73%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.53%. June E-mini S&P futures (ESM26 ) rose +0.36%, and June E-mini Nasdaq futures...
US equity indexes were mixed on Thursday amid a sell-off in tech stocks and a decline in crude oil f
Financial stocks were higher in late Thursday afternoon trading, with the NYSE Financial Index risin
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Financial stocks were higher in Thursday afternoon trading, with the NYSE Financial Index rising 2.2
Blackstone's flagship private credit fund again saw high redemption requests in the second quarter.
The $45 billion private credit fund caps withdrawals at 5% in Q2 as redemption requests pile up
Banks are opening a new balance-sheet escape valve, and investors are moving in fast. Significant risk transfers, or SRTs, have become one of the fastest-growing corners of credit markets, allowing lenders to shift credit risk from loan portfolios to outside investors while reducing the regulatory capital they need to hold. Banks had offloaded risk tied to more than 905 billion, or $1 trillion, of loans by the end of last year, up 26% from a year earlier, according to the International Association of Credit Portfolio Managers.
Liftoff Mobile, backed by Blackstone (NYSE:BX), has completed an IPO during a busy summer period for new listings. Blackstone has also entered an investment partnership with Nippon Life Insurance focused on private credit and real estate capital deployment. These developments add fresh angles for NYSE:BX beyond recent attention on data centers, fundraising activity, and AI related projects. For you as an investor, these updates show two different ways Blackstone aims to create value, one by...
Investors in the Blackstone Private Credit Fund requested to withdraw 10% of outstanding shares in the second quarter, Blackstone says.
KKR, APO, BX, OWL and BLK slide after Cliffwater's Corporate Lending Fund faces Q2 redemption requests equal to 17% of shares, exposing liquidity strains.
The fund capped client redemptions at 5%, an about face from Blackstone’s decision to pay out all requests earlier this year.
Investors in Blackstone’s flagship private-credit fund, known as Bcred, asked to redeem 10% of their shares in the second quarter, up from about 8% in the first quarter. Blackstone will limit redemptions from the $79 billion fund to 5%, reversing an earlier decision to pay the full amount requested. Blackstone shares are up about 1% premarket.
Apogee Therapeutics (NASDAQ:APGE) executives said the company is preparing to move its lead drug candidate, zumilokibart, into Phase 3 testing later this year after reporting Phase 2b data in atopic dermatitis and securing a major financing agreement with Blackstone. Speaking at a Jefferies-hosted
Private-credit woes are back in focus after a pair of l funds limited redemptions in the second quarter
SoftBank Group’s telecom unit SoftBank Corp. is among the parties considering a bid for the Japanese payments firm.
Blackstone-backed Liftoff Mobile said on Wednesday it has raised $437 million in its U.S. initial public offering, as a busy summer for listings gathers pace and encourages more companies to test investor appetite. The Redwood City, California-based company sold 19 million shares and priced its offering at $23 per share, above targeted range of $20 to $22 apiece. The IPO valued it at $3.83 billion, according to outstanding shares disclosed in its IPO prospectus.
A number of stocks fell in the afternoon session after Switzerland's Partners Group disclosed it had capped quarterly redemptions on its $8.6 billion Global Value SICAV private equity fund, as withdrawal requests surged.