Blackstone earnings tick higher as tech lifts portfolio

Blackstone earnings tick higher as tech lifts portfolio

Blackstone posted slightly higher net earnings for the third quarter as its focus on technology-related investments helped its private equity portfolio rise above already buoyant broader markets. Blackstone posted net income of $794.7m, or $1.13 a share, for the third...
Castik Capital snaps up €1.25bn for second long-term fund

Castik Capital snaps up €1.25bn for second long-term fund

Luxembourg-based firm Castik Capital has reached the final close of its second buyout fund at a hard cap of €1.25bn. The fund, EPIC II, has a similar strategy to its predecessor, closed in 2016 at €1bn. It aims to make up to seven investments in continental Europe of...