Incoming Boeing Co. chief David Calhoun plans to leave his post at Blackstone Group Inc. and the private equity giant expects to name a replacement in the coming months, according to a person with knowledge of the matter. “Putting in place a world-class leader like...
The final tally for the Chicago-based firm’s latest fund of funds caps off a busy fundraising year that brought in more than $2 billion Chicago-based private markets investor Adams Street Partners is capping a busy fundraising year with a $740 million closing of its...
Safe-Guard Products International LLC looks like it will be sold to a private-equity firm for a third time. Stone Point Capital, a financial services-focused private-equity firm, is buying Safe-Guard, a person familiar with the sale said. The purchase price is more...
Brookfield Asset Management Inc. is considering bundling its commercial real estate assets in India into a real estate investment trust for a listing next year, according to people familiar with the matter. The Canadian asset manager has held discussions on a...
An affiliate of Billionaire John Grayken’s Lone Star Funds agreed to buy BASF SE’s construction chemicals business for 3.17 billion euros ($3.5 billion). The deal, priced on a cash and debt-free basis, is expected to close in the third quarter of next year, subject to... 