Blackstone Becomes First $1tr Private Equity Manager

Blackstone Becomes First $1tr Private Equity Manager

Passing that milestone puts the firm in the same league as mutual fund behemoths and banking giants. Private equity firms have sought to join a special club: managing $1 trillion in assets, a milestone that would put them in the same league as mutual fund behemoths...
KKR to buy chemical maker Chase in $1.3bn deal

KKR to buy chemical maker Chase in $1.3bn deal

KKR & Co said on Friday it would buy chemical maker Chase in an all-cash deal valued at about $1.3 billion including debt, to help the private equity firm bolster its holdings in the chemical specialty sector.  Under the deal terms, KKR will buy all outstanding...