Blackstone-Backed Sema4 Takes SPAC Route to Nasdaq

Blackstone-Backed Sema4 Takes SPAC Route to Nasdaq

Shares of Sema4 Holdings Corp, a genetic-testing and health-data analytics business spun out of the Mount Sinai Health System, are set to start trading Friday after the business combined with a blank-check company backed by Casdin Capital and Corvex Management....
Baird Capital closes second global fund at over $340m

Baird Capital closes second global fund at over $340m

Baird Capital, the global private equity and venture capital arm of Baird, has held the final close for its second Global Fund (Global Fund II) with over $340m in committed capital. The fund makes buyout and growth equity investments of 15m to 40m in Technology &...
Blackstone doubles second quarter earnings on surging asset sales

Blackstone doubles second quarter earnings on surging asset sales

Blackstone said its second quarter distributable earnings nearly doubled year on year driven by a surge in asset sales across its real estate, private equity, credit and insurance businesses. Distributable earnings, which represents the cash used to pay dividends to...