Fresh from its $39 billion take-private of Equity Office Properties, Blackstone becomes the world’s second largest operator of tourist attractions and theme parks with a £1 billion deal to buy The Tussauds Group.
2 min read · 22 January 2013
The investment bank has invested in retail and residential developer RBI Holdings, which has already formed a separate $500m joint venture with RREEF, as Morgan Stanley marks its first property investment in St. Petersburg.
2 min read · 22 January 2013
J. Michael O’Brien is joining the alternatives firm to oversee its property investments on the East Coast.
2 min read · 22 January 2013
Details of Blackstone’s IPO filing show, among many other things, that real estate investment is outperforming its core private equity business.
5 min read · 22 January 2013
The French quoted investment group with €6 billion under management has rationalised its business and sold its non-core interests in venture capital and real estate for $214 million to US insurer AIG.
2 min read · 22 January 2013
The Blackstone Group is reportedly close to filing for an initial public offering of the firm just weeks after Steven Schwarzman dismissed the public markets as a source of capital for buyout fundraising.
2 min read · 22 January 2013
The Institutional Limited Partners Association has appointed Kathy Jeramaz-Larson to run its day-to-day operations.
1 min read · 22 January 2013
Former Morgan Stanley pro Craig Phillips is launching his own firm, Ptarmigan Capital, which will focus on real estate investment in southern India.
1 min read · 22 January 2013
A group of investors, including Blackstone Real Estate co-head Chad Pike, discussed the evolution of private equity real estate and infrastructure during a panel discussion yesterday at MIPIM.
2 min read · 22 January 2013
Global private equity placement agent Helix continues its US expansion, with the addition of a senior vice president to its New York office.
1 min read · 22 January 2013
