Thursday, 28 August 2014
Last updated 3 hours ago
Nov 8 2013 | 11:39am ET
The Blackstone Group has repeated its coup with hotel chain Extended Stay America.
The private-equity firm more than tripled its money when it sold the company in 2007. It's poised to nearly do so again when Extended Stay goes public next week.
Blackstone, along with Centerbridge Partners and Paulson & Co., bought Extended Stay out of bankruptcy in 2010. At its current planned offering range, the IPO would give the three firms a return of 2.7 times their $1.58 billion investment.
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
Commodities/Futures magazine launched at the precipice of a revolution in the futures industry—really a revolution in the idea of risk management—that would move it from a small niche industry to ...