8 big things: SPACs meet GP stakes in a $13B mega-deal

8 big things: SPACs meet GP stakes in a $13B mega-deal

Dyal Capital Partners is one of a few names driving a recent surge among private equity firms acquiring minority stakes in other asset managers. Dyal holds so-called GP stakes in more than 40 different investors. That has effectively turned its portfolio into a sort...
Blackstone Buys $1b Japan Portfolio From PAG

Blackstone Buys $1b Japan Portfolio From PAG

Blackstone has made its fourth major real estate acquisition in Japan this year, bringing its combined spending on property assets in the country to more than JPY 540 billion ($5.2 billion). The US private equity giant has spent about JPY 110 billion to buy a...