KKR likes the long-term growth trends in Washington’s Puget Sound region, where it purchased two properties for more than $1.2 billion. KKR & Co. has purchased two commercial properties in the Seattle region for more than $1.2 billion, saying it’s drawn to the...
Pensions & Investments named Blackstone the #1 Best Place to Work in Money Management for the third year in a row. At Blackstone, we believe our culture – which emphasizes entrepreneurship, collaboration, and meritocracy – is one of our greatest strengths. In a...
It took a few mistakes before Stephen A. Schwarzman skyrocketed. Once, a single miscalculation rippled its way through an entire deal book. Decades later, he invested $330.0 million in a company that collapsed within months—which resulted in a 100% loss. These...
The last couple of years count as only the third time in history when private equity-backed acquisition values, measured as a multiple of cash flow, have exceeded valuations in global stock markets, according to Bain & Company. Previous manifestations of this...
Offense is the new defenseAgainst a challenging backdrop of low growth and geopolitical uncertainty, we believe “offense is the new defense” in private markets investing. We seek opportunities to build resilience instead of buying it by focusing on assets with value...