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 directly to your inbox – Sign up for our newsletter
And just before the Christmas holiday, the unit announced it is taking a majority stake in skin care brand Supergoop! Mr. Korngold spoke to WSJ Pro Private Equity about the continued digitization of the global economy, “a blind euphoria” among investors in certain tech sectors and how inflation and the new Omicron variant could affect investors in the year ahead.
Source: Mint
Can’t stop reading? Read more
Fund Friday: Top fundraising news in private equity
Goldman Sachs Asset Management (GSAM) is seeking up to $3bn for its newly launched West Street...
Kansas City Chiefs owner Clark Hunt discusses private equity investment in the NFL
Kansas City Chiefs owner Clark Hunt weighed in on the NFL's newly introduced private equity...
Dallas-based Pearl Energy Investments closes fourth fund at $999.9m hard cap in four months
Pearl Energy Investments closed its fourth fund, Pearl Energy Investments IV, L.P., reaching its...