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Pepper Money will act as the loan management partner for the portfolio.

Jersey Mike's sandwich chain made it from the Jersey Shore to the financial capital of the world.

Jersey Mike's has gone public. Shares of the sub giant are due to start trading today on the New York Stock Exchange after about 43.5 million shares priced at $23 each yesterday. The company raised about $1 billion in its IPO.

Blackstone Inc. (NYSE: BX) told investors this morning that it has seen signs of decreasing redemption demand in its flagship non-traded BDC, which CEO Jon Gray attributed to a diminishing “level of noise” by the media. Blackstone’s non-investment-grade private credit strategies posted a gross return of 1% in Q2, and a trailing twelve-month gross return of 7%. Its overall credit business ended Q2 with $84 billion in dry powder, nearly a third higher than at the start of the quarter. “It’s early

US equity markets were tracking in the red before the opening bell Thursday and oil prices rose amid

Markets face a potentially volatile week as AI bubble fears intensify amid concerns that technology sector repricing has not yet reached equilibrium, coinciding with earnings season ramping dramatically through late July.

AI infrastructure financing appears to be shifting toward leveraged loans as QTS taps strong investor demand.

Blackstone stock reacts to multi-index value benchmark additions Blackstone (BX) has been added to several Russell value benchmarks, including the Russell 1000 Value and Russell Top 200 Value indices. This development is drawing fresh attention to how investors may view the stock within the value segment. See our latest analysis for Blackstone. Blackstone’s recent inclusion across Russell value benchmarks comes after a mixed price pattern, with the share price up 7.4% over the past week but...

Blackstone (NYSE:BX) is exiting major Northern Virginia data center investments in a US$3.5b transaction with Digital Realty. The deal involves Blackstone selling significant data center stakes that were originally acquired within the past three years. Blackstone and Digital Realty plan to keep working together on new digital infrastructure projects in the U.S. and Europe. For investors watching Blackstone, this US$3.5b exit from Northern Virginia data centers highlights how the company is...

Digital Realty will buy Blackstone interests in three Northern Virginia data centers using $1.2 billion cash and $2.3 billion stock.

If you are wondering whether Blackstone at around US$115.40 is starting to look like value or still has more to fall, the stock's recent moves give some useful clues. The share price has fallen 6.8% over the past week, is down 2.2% over the last month and has declined 27.3% year to date, although the 3 year and 5 year returns of 36.2% and 40.2% show a very different picture. Recent headlines around Blackstone have focused on its role as a major global alternative asset manager, touching on...

US equity indexes were mixed on Wednesday amid a decline in crude oil prices and government bond yie

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...

US equity indexes were mixed on Thursday amid a sell-off in tech stocks and a decline in crude oil f

The S&P 500 Index ($SPX ) (SPY ) today is down -0.40%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down -0.74%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.08%. June E-mini S&P futures (ESM26 ) are down -0.48%, and June E-mini Nasdaq futures...

Financial stocks were falling pre-bell Wednesday, with the State Street Financial Select Sector SPDR

Swiss asset manager Partners Group caps withdrawals from one of its private-equity funds at 5% of the fund’s value.

Stock Market Today: The Dow Jones index dropped Wednesday after Trump's latest U.S.-Iran comments. Palo Alto stock sold off on earnings.

Despite Blackstone's underperformance relative to the financial sector over the past year, Wall Street analysts maintain a moderately optimistic outlook on the stock’s prospects.

(Bloomberg) -- Paramount Skydance Corp. stretched, then stretched, then stretched again in its audacious $110 billion takeover bid for Warner Bros. Discovery Inc.Most Read from BloombergAmericans Injured in Iranian Missile Strike on Kuwaiti Air BaseStrait of Hormuz Ship Transits Are Rising Thanks to US HelpCVS Returns Zepbound to Drug Plans After Lilly Slashes PriceAmericans Hurt in Kuwait as Trump Sends Mixed Signals on WarSingapore Hands Byju's Founder His First Ever Jail TermNow the companies

Investing.com -- Coreweave and Nebius shares dropped 4.5% Tuesday morning following Blackstone’s announcement of a joint venture with Google to create a new artificial intelligence cloud company using Google’s Tensor Processing Units.

US equity futures were falling pre-bell Friday as traders noted that the summit between President Do

Financial stocks fell Wednesday with the NYSE Financial Index dropping 0.8% and the State Street Fin

Financial stocks fell Monday with the NYSE Financial Index declining 0.4% and the State Street Finan

Financial stocks fell in late Thursday afternoon trading with the NYSE Financial Index down 0.7% and

Financial stocks fell in Thursday afternoon trading with the NYSE Financial Index down 0.8% and the