by Sebastian | Dec 2, 2022 | News
State of Michigan Retirement System has approved $200m worth of commitments to two Blackstone-managed infrastructure funds, the pension fund disclosed in a board meeting document. The Blackstone Energy Transition Partners IV fund, managed by Blackstone Management...
by Sebastian | Dec 2, 2022 | News
Pasta maker Canuti Tradizione Italiana has been acquired by US private-equity firm The Riverside Company. Canuti, which supplies filled and non-filled frozen pasta varieties mainly to the foodservice channel, has been bought by the New York City-based investor from...
by Sebastian | Dec 2, 2022 | News
Blackstone will limit investor withdrawals from its $125bn real estate investment fund following a spike in redemption requests, according to the New York-based firm, following an announcement that it will sell its stake in two Las Vegas properties. Only 0.3% of the...
by Sebastian | Dec 2, 2022 | News
Blackstone will sell its 49.9% stake in the joint venture that owns the MGM Grand Las Vegas and Mandalay Bay resorts to co-owner VICI Properties Inc for about $1.27bn in cash, the companies said on Thursday. The deal includes the assumption of Blackstone Real Estate...
by Sebastian | Dec 2, 2022 | News
Palladium Equity Partners has invested in specialist Californian communications firm Southwest Strategies. The company says it has helped secure and build more than $20bn of infrastructure projects in the state since it was founded in 2000. Southwest’s clients include...
