Thursday, 5 March 2015
Last updated 7 min 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.
Jan 23 2015 | 1:00pm ET
In our new section, FINtech Focus, we will profile one of these firms each week. While fintech is a broad category, we will be focusing on firms that specifically cater to the alternative investment industry. Read more…