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 seen by Reuters, more than double the…
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 from public shareholders, the manager to the…
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 firm, the private equity firm told Reuters.…
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 estate fund, Bloomberg News reported on Friday,…
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 investors were still allowed to cash out…
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 largest ever private real estate deal, the…
Breaking News
