All articles tagged with #blackstone
Blackstone has closed a record $6.3 billion life sciences investment fund, the largest ever for a private fund in the sector, underscoring strong investor demand for biotech opportunities.
Blackstone’s BREIT was a major seller in January’s commercial real estate deals, signaling active dispositions by the real estate investment trust.
Private-credit funds are facing renewed redemption pressure as retail investors pull assets; Blackstone's BCRED will meet 100% of redemptions after a record 7.9% outflow (~$3.8B), while Blue Owl shifts to asset-sale funded payouts for its semi-liquid fund. The episode underscores tension between high yields and retail access to illiquid assets, drawing scrutiny of liquidity features and concerns that the sector's growth could pressure returns if retail inflows persist.
Private credit funds—reaching about $3 trillion—are under scrutiny after Blackstone and Blue Owl faced sizable withdrawals, underscoring concerns about opacity and risk as the market grows to retail investors and potentially faces a shakeout despite remaining a flexible financing option for borrowers.
Trump’s move to curb US institutional purchases of single-family homes could redirect capital into the UK’s new-build housing market, potentially boosting build-to-rent activity while drawing tenant groups’ scrutiny over rents. Analysts say a US ban might advantage UK investments, but the UK market already features institutional players, including Blackstone-backed ventures; policymakers and tenant groups are pushing for public housing and rent controls to counter affordability concerns.
Blackstone's global co-head of real estate, Kathleen McCarthy, is leaving after 15 years, with Nadeem Meghji set to become the sole global head of the firm's real estate practice, as the company continues to focus on its extensive and diverse real estate portfolio.
Blackstone has hired the head of Apollo's European buyout team, signaling a strategic move in the private equity sector, though specific details of the hire are not provided in the article.
Blackstone reported strong earnings and revenue exceeding expectations but saw a significant decline in net income and missed asset under management targets, leading to a drop in stock price despite positive dividend and fee-related income growth.
Blackstone and TPG are collaborating on an $18.3 billion deal to take Hologic private, marking a significant move in the private equity landscape.
Blackstone and TPG are set to acquire Hologic for up to $18.3 billion, including debt, at a 15% premium, with minority stakes taken by Abu Dhabi Investment Authority and GIC, highlighting active private equity dealmaking in the healthcare sector.
Hologic is set to be acquired by Blackstone and TPG for up to $79 per share, including a $76 cash payment and a contingent value right of up to $3 per share, in a deal valued at approximately $18.3 billion, aimed at strengthening its leadership in women's health and accelerating growth.
Blackstone warns that Wall Street is underestimating the disruptive potential of AI, highlighting concerns about complacency in the financial sector regarding technological advancements.
Blackstone and TPG are in advanced negotiations to acquire Hologic for over $17 billion, with a potential deal announcement soon, though the final agreement is not yet confirmed.
The US announced a record £150bn investment in the UK during President Trump's visit, expected to create over 7,600 jobs across various sectors, with major contributions from Blackstone, Microsoft, Google, and others, signaling strong economic ties and growth opportunities.
During a drought in the UK, residents expressed frustration as Blackstone CEO Stephen Schwarzman used water to fill a private lake on his estate, leading a local water company to halt deliveries, despite no violation of restrictions, highlighting tensions between private water use and community needs.