Blackstone related stories
All articles and analysis
SPECIAL REPORT: Thrivers and survivorsThese 15 firms have the skills and strategies to dominate the real estate wasteland, say market insiders. PERE Magazine September 2009.
- US pensions join PE firms against FDIC bank rules
Public pensions from Oregon and New Jersey are among those aruing the proposed bank ownership rules, on which the FDIC votes this week, could 'slow the healing' of the financial sector.
- Blackstone, Centerbridge offer alternatives to FDIC rules
Lower capitalisation levels and shorter hold periods are among the changes to proposed FDIC bank ownership rules offered by a group of private equity firms.
- FDIC proposes tighter rules on private equity bank deals
Private equity firms would have to comply with tighter standards for capitalisation, hold periods and disclosure requirements if proposed rules from US banking regulator FDIC are approved.
- Private equity seals $900m bank rescue
Blackstone, Carlyle, Centerbridge and WL Ross have joined forces with several co-investors – including UK charity The Wellcome Trust – to buy failed Florida-based BankUnited. The FDIC is currently evaluating 'the appropriate terms' to let more private equity firms acquire failed depository banks.
- Feature: Shanghai’s dark cloud
The ability of China’s largest city to become a major global fund formation centre hinges on the unpredictable attitude of central government, writes Andy Thomson.
- FDIC establishes rules for private equity bank buyouts
The US banking regulator scaled back its proposed rules, easing certain requirements that had attracted industry criticism including Tier 1 leverage ratios.
- Prax to raise RMB1.5bn under Shanghai initiative
The China-focused firm plans to raise both a real estate and private equity fund denominated in the local currency.
- Maguire to hand back four ex-EOP/Blackstone offices
As part of the US REIT’s efforts to reduce its debt load, Maguire Properties is handing over control of seven buildings once valued at more than $1 billion. The properties were bought between 2004 and 2007. LBA Realty is reportedly taking over one asset, Park Place I.
- Partners Group: ‘UK closest to bottom’
The Swiss-based alternatives firm which advises some of the largest investors in the world says only very few markets such as the UK have reached the ‘late downturn’ stage. The finding comes as Blackstone is tipped to buy a 50 percent stake in a London office complex for £150m.