Blackstone’s Korngold warns of tech sector euphoria

Blackstone’s Korngold warns of tech sector euphoria

It’s been a busy year for Blackstone Growth’s team, which is led by the private-equity firm’s global co-head of technology investments Jon Korngold. The growth unit in November acquired iconic womenswear brand Spanx Inc. Get the week’s top news delivered...
Private Equity Firm TPG Sets Terms for Up to $1.05bn IPO

Private Equity Firm TPG Sets Terms for Up to $1.05bn IPO

TPG set terms for a U.S. initial public offering that could raise as much as $1.05bn, as it joins larger rivals like Blackstone Inc. in listing on the stock market. The private equity firm and some top executives plan to offer 33.9 million shares at $28 to $31 apiece,...