Blackstone Group Inc. plans to raise one of the biggest funds to capitalize on the turmoil in debt markets. The investment firm is looking to raise $7 billion for its fourth GSO credit opportunities fund, according to people with knowledge of the matter. Blackstone’s...
The current difficult market environment will create fertile ground for private equity and hedge funds to boost their performance, according to JPMorgan Asset Management. Expected returns for cap-weighted private equity have risen to 9.80%, up 1 percentage point from...
Private equity firm Blackstone (BX.N) said on Tuesday its proposed 1.36 billion euro ($1.47 billion) takeover of NIBC Holding NV (NIBC.AS) might not win regulatory approval, sending shares in the Dutch bank 12% lower. “There is substantial uncertainty concerning the...
India Grid Trust, an infrastructure investment trust backed by private equity fund KKR & Co. and Singapore’s GIC Pte, is looking to add as much as 60 billion rupees ($786 million) of solar power projects to its portfolio and expects some financially stressed...
OMERS Ventures, the venture capital arm of the Ontario Municipal Employees Retirement System (OMERS), has put together a new, $750 million fund to invest in both Europe and North America. The capital vehicle is larger than the group’s preceding European and North... 