Friday, 4 September 2015
Last updated 11 hours ago
May 19 2010 | 11:35am ET
The Blackstone Group is setting up shop Down Under. The private equity giant today announced plans to establish a presence in Australia after postponing the opening of an office in Sydney last year.
“We are establishing a presence her to integrate the firm into the local business community, seeking opportunities to invest and to raise capital,” Blackstone’s Philip Levinson told a conference call. Levinson is managing director of Blackstone Group Australia.
Blackstone’s precise plans, including a timetable, remain unclear, Reuters reports.
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…