Blackstone’s fourth-quarter earnings rise 4% as asset sales pick up
By Chibuike Oguh NEW YORK (Reuters) – Blackstone Inc reported a 4% rise in its fourth-quarter distributable earnings on Thursday, as the world’s largest private …
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Blackstone’s BAAM unit returns 6.9% in 2023 – memo
NEW YORK (Reuters) – Blackstone Group’s BAAM unit, the world’s largest investor in hedge funds, posted a 6.9% return last year, according to a memo …
Blackstone’s Q3 earnings miss shows toll of interest rate rises
By Chibuike Oguh NEW YORK (Reuters) -Blackstone Inc said on Thursday that its third-quarter distributable earnings fell by a steeper-than-expected 12% year-on-year, as high interest …
Australia court approves $300m money laundering fine for Blackstone’s Crown Resorts
SYDNEY (Reuters) – An Australian court signed off on a A$450 million ($300 million) fine for Blackstone-owned owned casino operator Crown Resorts for breaking anti-money …
Blackstone’s delisting offer for India’s R Systems fails
BENGALURU (Reuters) – Blackstone Inc’s delisting offer for India’s R Systems International Ltd was unsuccessful as the U.S. investment fund failed to draw enough interest …
Blackstone’s Ike leaves to start new investment firm
By Chibuike Oguh NEW YORK (Reuters) – Melvin Ike, a managing director in Blackstone Inc’s tactical opportunities group, has resigned to start his own investment …
Blackstone’s real estate fund for wealthy prompts SEC queries – Bloomberg News
(Reuters) – The U.S. Securities and Exchange Commission (SEC) has reached out to Blackstone Inc following an increase in investors pulling money from its real …
Blackstone’s credit fund reaches withdrawal limit
NEW YORK (Reuters) – Blackstone Inc said redemptions from its $50 billion non-traded business development company reached its pre-set limit for the first time but …
Prologis launches bid for Blackstone’s 21 billion euros warehouse portfolio – FT
– Prologis Inc, the world’s biggest warehouse owner, has launched a bid to buy Blackstone Inc’s portfolio of logistics properties in what would be the …