Blackstone Group Inc proposed a buyout of Australia’s Crown Resorts Ltd in a deal valuing the casino operator at $6.2 billion, a markdown from the troubled company’s value a year ago but a possible reprieve from regulatory pressure. Crown shares leapt more...
PE-giant Blackstone Group Inc. raised a gobsmacking US$ 4.5 billion for its inaugural growth equity fund – Blackstone Growth (BXG). Blackstone is known for its buyout strategies with regard to private equity. Blackstone said the growth equity fund was oversubscribed....
Over the past year, “lockdown”, “rate of transmission”, and “social distancing” all entered our collective vocabularies. At the same time, new ways of working and doing business emerged. That’s as true for private equity (PE) as it is for any other sphere of...
Analysis has revealed that private equity investments focusing on climate protection, besides having a positive effect on the planet, do not sacrifice profitability. The exploratory study, in conjunction with the Technical University of Munich and climate...
J.P. Morgan Private Bank announced the final closing of its Global Impact Fund, with total investable capital of more than $150 million. The Fund, which began investing in December 2020, has already committed to four underlying impact venture, growth and buyout...
