The Blackstone Group has begun fundraising for its seventh flagship fund, hoping to attract $16 billion in commitments.
The new fund, Blackstone Capital Partners VII, is set to match the size of its predecessor, which took four years to net $16 billion before closing in 2012.
If Scotland’s private-equity firms had a vote in tomorrow’s independence referendum, the result would be nigh unanimous: The union with England, Wales and Northern Ireland would be preserved.
The board chair of a UK private-equity firm targeted by an activist investor has advised shareholders to defeat all the activist's proposals at an upcoming general meeting.
Crude oil has broken through levels not seen since 2014 and it appears to be entering a new phase, ending the downward super cycle that took crude from above $100 per barrel to under $30, and entering a phase where both supply and demand are expected to grow.