Blackstone bets big on India-its most profitable market

Blackstone bets big on India-its most profitable market

Holding over $50 billion in assets under management already, the Wall Street major Blackstone is increasing its bet on the country, promising to pump in more dollars than it has already invested in the past decade, going forward. For the American alternate investment...
Buyout Firm Permira Considers $2 Billion Tricor Sale

Buyout Firm Permira Considers $2 Billion Tricor Sale

Private equity firm Permira is considering a sale of Tricor Group in a deal that could value the business and investor services provider at about $2 billion, according to people familiar with the matter. Permira is in the early stages of evaluating a potential sale of...
New State Capital Partners Fund III Closes At $450 Million

New State Capital Partners Fund III Closes At $450 Million

New State Capital Partners today announced that the firm has closed its third institutional investment fund, New State Capital Partners Fund III with $450 million in committed capital. The Fund was over-subscribed and closed on schedule at its hard cap in about four...