Blackstone AUM up 4.9% for quarter

Blackstone AUM up 4.9% for quarter

Blackstone Group on Thursday reported $564.3 billion assets under management as of June 30, a 4.9% increase from March 31 and up 3% year-over-year. Stephen A. Schwarzman, chairman and CEO, attributed the what he called a strong quarter to a sharp rebound in investment...
Credit Suisse Invested $100 Million in Ant, Setting up Windfall

Credit Suisse Invested $100 Million in Ant, Setting up Windfall

Credit Suisse Group AG invested nearly $100 million in Ant Group during its last funding round, according to people familiar with the matter, setting the Swiss bank up for a potential windfall as the Chinese internet giant prepares to go public. The Zurich-based...
Berkshire Partners to buy CrossFit along with Eric Roza

Berkshire Partners to buy CrossFit along with Eric Roza

Investment firm Berkshire Partners said on Friday it would join Eric Roza to buy CrossFit Inc, nearly two months after the founder of the fitness company, Greg Glassman, stepped down amid widespread criticism for his tweet on the death of African American George Floyd...