Blackstone Eyes $3 Billion For Energy Fund

Nov 8 2011 | 10:29am 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

Q&A: Fund Administration Comes To The Cloud

Jul 14 2017 | 7:23pm ET

The fund administration sector has been steadily implementing new technology, such...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Rastegar: PE Real Estate Gains Momentum as Uncertainty Rises

Jul 21 2017 | 6:04pm ET

The steady march of equity markets and fundamental shift in the direction of Fed...