Asset Allocation
CPPIB Leads Global Pension Funds With $144B Allocated to Private Equity
The 20 pension funds with the largest private equity allocations committed $708 billion during the first 10 months of 2024.
Tag: Blackstone
Asset Allocation
Private Equity Firms? More Like Private Debt Providers
Lending occupies more and more of PE companies’ attention, per a new PitchBook Report.
Asset Allocation
CPPIB, Blackstone Acquire Australian Data Center Operator
The duo will purchase AirTrunk from a consortium of investors.
Asset Allocation
UK’s Largest Pension Buys $531M Worth of Homes From Blackstone Joint Venture
The Universities Superannuation Scheme has acquired a portfolio of 3,000 shared-ownership residences from Sage Homes.
Corporate Moves
Ackman Firm’s Projected Market Cap Is $10 billion
His Pershing Square plans a 2025 IPO, and recently sold a 10% stake worth $1 billion.
Risk
Private Capital Fundraising Tilts Toward the Big Guys
Slowdown in number of firms pulling in fresh money means more for the top 10 funds, Preqin says.
Risk
Pummeled Blackstone Real Estate Unit Seems Poised for a Revival
As redemptions dwindle, BREIT makes acquisitions and banks on falling rates.
How to Navigate Energy Transition Risks
The amount of investment needed for this enormous task is $4 trillion yearly, but the effort is gearing up now.
Corporate Moves
Blackstone Hires Thomas Nides for New Vice Chairman Role
The former Morgan Stanley vice chairman, deputy secretary of state and ambassador to Israel will lead the firm’s client relations.
Manager Selection
Blackstone Names New Co-CIOs
The promotions of Lionel Assant and Ken Caplan come amid several new asset management appointments throughout the industry.
Risk
10 Predictions for 2024, in Memory of Byron Wien
JPM’s Cembalest gives prophecy a try in a tribute to the late market sage.
Why Private Credit Is So Darn Popular
Yields are high, and well-fixed institutions back them, but what happens in a recession?
Newsmakers
Investment Chiefs Remember Byron Wien, Legendary Wall Street Seer
Famous for his predictions, the celebrated investing strategist died at 90.
Private Equity Moves Into Insurance: Rewards Are Strong, but So Is Risk
The tiff over Brookfield’s new acquisition underscores the pros and cons.
Corporate Moves
Blackstone Creates Corporate Credit, Asset-Based Finance, Insurance Group
Blackstone Credit & Insurance could help push the firm to $2 trillion AUM.