Blackstone Eyes $3 Billion For Energy Fund

Nov 8 2011 | 9:29am ET

When it comes to its first foray into energy fund management, the Blackstone Group isn't starting small.

The private equity giant hopes to raise up to $3 billion for its first energy fund, Bloomberg News reports. That would make it larger than similar funds launched by rivals Kohlberg Kravis Roberts and Apollo Global Management.

Blackstone has invested in energy before, but from its general pools.


In Depth

Debunking Conventional Investment Wisdom

Feb 8 2017 | 3:22pm ET

Due diligence in the hedge fund world has long involved some combination of the...

Lifestyle

'Tis the Season: Wall Street Holiday Parties Back In Fashion

Dec 22 2016 | 9:23pm ET

Spending on Wall Street holiday parties has largely returned to pre-2008 levels...

Guest Contributor

iCapital Network: The Trump Effect On Direct Lending

Feb 23 2017 | 4:21pm ET

The arrival of the Trump Administration has raised questions among private debt...

 

From the current issue of