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

GSAM’s Papagiannis on Liquid Alternatives

May 25 2016 | 5:07pm ET

The popularity of liquid alternatives strategies has blossomed in recent years,...

Lifestyle

From Modern Trader: Stephen Curry is a Black Swan

May 18 2016 | 7:43pm ET

What do the rise of the Internet, the sinking of the Titanic, 9/11, and Stephen...

Guest Contributor

LendingClub and the Question of Internal Hedge Funds

May 19 2016 | 8:42pm ET

Peer-to-peer lending platform LendingClub Corp. has been in the news since the firm...