Blackstone Inc. is forecasting an increase in mergers and acquisitions that can help boost sales of bonds backed by leveraged loans.
Blackstone Inc.’s European private credit fund for high net-worth individuals, ECRED, is set to reach €1.5 billion ($1.53 billion) by month’s end, a threefold surge over the past year. Most Read from BloombergThese Homes Withstood the LA Fires.
Closer to January’s start, reports indicated that Blackstone was exploring the possible sale of SESAC. Now, new details are emerging about the PRO’s massive price tag. Those details entered the media spotlight in a Bloomberg report,
Blackstone looks to sell Sesac for a huge profit. Find out why the investment giant is exploring a sale that could reach $3 billion or more.
Blackstone is set to acquire Chelsea's Kimpton Hotel Eventi from DLJ Real Estate Capital Partners for roughly $175 million.
The glitzy Davos shindig hosted by Qatar’s $510 billion wealth fund attracted a who’s who of Wall Street. Most Read from BloombergHow Sanctuary Cities Are Preparing for Another Showdown With TrumpTexas HOA Charged With Discrimination for Banning Section 8 RentersDonations to LA Fire Victims Rise Past $200 Million MarkLA Schools Wrecked by Fires Plead on GoFundMe for Help to ReopenNY’s Hochul Calls for Law Banning Cell Phone Use in SchoolsFinancial heavyweights from Blackstone Inc.
Private credit lenders are flocking to finance large, fast-growing technology companies gearing up to go public, taking advantage of a lackluster market for initial public offerings and helping them get access to liquidity in the meantime.
Boeing Co (NYSE:BA).'s potential sale of its Jeppesen navigation unit has garnered attention from major aviation suppliers and private equity firms, with first-round bids expected to be submitted next week,
Databricks Inc., one of the world’s most valuable privately held tech companies, said on Wednesday that it has raised more than $15 billion from companies including Facebook owner Meta Platforms Inc.,
Booming credit markets are throwing private equity (PE) firms a lifeline as they strive to return cash to investors: Instead of relying on the initial public offering (IPO) market, they can pile portfolio companies with more debt and give themselves a payout.
A few months into his role as chief executive officer of Deutsche Bank AG’s asset management unit, Stefan Hoops presented shareholders his vision for growth with a “private debt muscle” as one key part of the strategy.
Morgan Stanley and JPMorgan Chase & Co. scored another coup against private credit arrivistes this week when their leveraged finance teams snared a $1.2 billion deal from one of direct lending’s biggest borrowers,