Blackstone, Other Private Equity Firms, In Jupiter Talks

Feb 28 2007 | 11:57am ET

Word on the street at the Super Return private equity conference in Frankfurt, Germany, is that the Blackstone Group is in talks to buy Jupiter Asset Management from Commerzbank. Sources close to the discussion told The Times of London that a decision to go forward with the deal, which could value Jupiter at as much as £1 billion, is not expected for several weeks, and that Commerzbank has also discussed a sale with several other p.e. firms, including Candover.

Last year, Commerzbank weighed whether to float the asset manager on the London Stock Exchange, an option that remains on the table.

In Depth

The Importance of Stability in the Evolving Hedge Fund Administration Market

Oct 5 2015 | 8:17pm ET

Hedge fund administration has evolved from simple record keeping to an integral,...


Citadel Supports Manhattan Real Estate With Record Deal

Sep 16 2015 | 3:04pm ET

Never count hedge funds out of a big property deal. The Manhattan real estate market...

Guest Contributor

Hedge Fund Marketing To Independent RIA Firms

Sep 30 2015 | 1:56pm ET

In this contributed article, Bruce Frumerman of Frumerman & Nemeth Inc. explains...


Editor's Note

Upcoming Events