Thursday, 2 October 2014
Last updated 1 hour ago
Aug 8 2007 | 10:53am ET
Twenty-one billion dollars is the new $1 billion as far as the Blackstone Group is concerned. And it’s the size of the private equity behemoth’s latest global offering, Blackstone Capital Partners V.
The $21.7 billion BCP V, like its predecessor funds, will be invested across a broad range of sectors and regions. Two-thirds of the fund’s available capital has already been invested, in companies such as Nielsen Co., Michaels Stores, Alliance Data Systems, Biomet, Freescale Semiconductor, Hilton Hotels and Center Parcs.
“This further vote of confidence from our investors is extremely gratifying,” firm co-founder Stephen Schwarzman said “The record-breaking amount of capital at our disposal allows us to continue our leadership role in private equity investing on a global basis.”
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
Sep 30 2014 | 9:29am ET
The crisp Autumnal days of October are upon us, and so are a few of the hedge fund industry’s favorite charitable events. If you have never been to Rocktoberfest, well, you are missing out. And for a quieter evening of sipping and socializing, stop by HFC’s Wine Soiree. Read more…
High frequency trading is not evil, it is not a conspiracy and it really is not new; it is the natural evolution of the professional trading community making markets, providing liquidity and hopefully...