Blackstone related stories
All articles and analysis
ING offloads office portfolio to Euro, ME investorsING Real Estate Investment Management, which is currently in the process of being sold, has agreed to sell the last assets of its Real Estate Office Fund of The Netherlands (REOFN) portfolio to a joint venture of Dutch family offices and Middle Eastern institutional investors.
- CalPERS considers $175m to Wellspring
Wellspring Capital Partners’ fifth buyout fund is targeting $1.3bn for US mid-market investments and is expected to close this month.
- Buying into Brazil
Private equity investment in Latin America’s largest economy increased dramatically in 2010, with no signs of slowing down anytime soon.
- Candidate wants investment committee for NY pension
Former Blackstone executive Harry Wilson, running to be New York's next comptroller, wants to build an additional layer of protection to the pension's investment process.
- Blackstone buys into Brazil
The firm will reportedly pay $200m for a 40% stake in Sao Paulo-based Patria Investments, with which Blackstone has had a strategic alliance since 2004.
- TPG to raise $736m for China
TPG will join the ranks of other Western firms raising RMB-denominated funds, including Carlyle, KKR and Blackstone. Read more about TPG in the forthcoming issue of PERE.
- News Analysis: RBS's £3bn loan book sale
The Royal Bank of Scotland is reportedly poised to sell up to £3bn in real estate loans as part of a wider project to “shed large chunks of its business” it “can no longer afford” according to a report by the Financial Times.
- Blackstone brings BoA Merrill Lynch ‘third party’ exit closer
In the latest sign that the investment banking sector is withdrawing from managing private equity real estate funds, Bank of America Merrill Lynch has agreed a deal to hand over the management of the assets in its $2.65 billion Asian Real Estate Opportunities Fund and other real estate assets to The Blackstone Group.
- Blackstone nears close on $2bn debt fund
As Blackstone winds up fundraising for its second special situations fund, the firm begins to look further down the risk spectrum for investments.
- Apollo hires ex-Goldman investment chief
Marc Spilker has been named Apollo Global’s first-ever president, in the firm's latest 'institutionalisation' move ahead of a public listing.