Alternatives
Why Private Equity Is Building an Arsenal of Giant New Funds
The buyout firms are increasingly popular among institutional investors—Carlyle just raised $27 billion.
Tag: Blackstone
Alternatives
Private Equity Sees Record-Breaking Dealmaking in First Half of 2021
With $580 billion in new deals already, EY says the industry is on pace for its first trillion-dollar year.
You Think M&A Is Hot Now? Wait for the Tax Effect, Says Schwarzman
Blackstone chief sees Biden’s planned boost for the capital gains levy as spurring more deals.
Exclusive: Why Sam Zell Is Bullish on Offices—But Won’t Invest in Them Anymore
And where the Grave Dancer is branching out into other things instead, juggling businesses like logistics, health care, and energy.
Asset Allocation
Special Report: How Private Credit, Subject of Scary Forecasts, Came Out a Winner
Institutional investors like Arizona’s pension plan have done pretty well with this newly popular asset class.
Market Moves
Schwarzman Predicts Gentler Biden Approach to Beijing
Blackstone head has been close to Trump, but he also is an investor in Chinese companies.
Pensions
Blackstone Poaches Brown’s Joe Dowling
Chair of university’s investment office tapped to co-lead firm’s $78 billion alternative asset unit.
Alternatives
Private Equity Goes on a Warehouse Buying Binge
Blackstone, KKR, and other PE players ride a trend propelled by ecommerce’s expansion.
Promise of Private Debt Burns Bright—With a Big If
How the burgeoning asset class plans to navigate the risky pandemic economy.
Longtime Monarch Private Equity Gets Its Crown Knocked Off
Prospects for exits, money-raising, and new deals dim amid the scary economic slide.
Newsmakers
The Disaster That Made Blackstone’s Schwarzman Who He Is Today
The private equity titan’s 1989 stumble taught him valuable lessons.
People Moves Roundup
Aberdeen gets an APAC real estate head, InCapital appoints a new fixed-income chief, and more.
Alternatives
New York Continues Big Push into Infrastructure, Hand-in-Hand with Blackstone
Emerging markets, private equity get additional attention from one of the country’s largest pensions.
CalPERS Commits More than $1 Billion To PE
However, new co-investment program won’t be discussed this month as expected, and the fate of proposed direct-style private equity program also remains unclear.
Apollo Is Converting to C Corp Structure
By moving from a partnership setup, the PE firm expects its stock will be bought by indexes and mutual funds.