Blackstone related stories
All articles and analysis
Blackstone’s James: ‘Call us a real estate firm’The New York-based private equity and real estate giant’s first-quarter earnings call revealed the relative strength of its real estate platform over private equity, particularly on the fundraising front.
- Blackstone buys $820m industrial portfolio
The New York-based private equity giant has agreed to buy a 17 million-square-foot portfolio of 69 US industrial properties from Dexus Property Group on behalf of its BREP VII fund.
- LeBlanc to leave Texas Teachers'
The revolving door of private equity leaders at US public pensions continues to spin as Steve LeBlanc, one of the most influential LPs in the market, has decided to head to the private sector.
- Carlyle gears up for $800m IPO
The Washington, DC-based alternatives manager is set to raise up to $800 million in its forthcoming initial public offering, which would value the group at about $8 billion.
- Cerberus pays $1.18bn for German multifamily units
The New York-based private equity firm will pay as much as €900 million for 22,000 apartments in Germany from bankrupt UK firm Speymill.
- US NEWS: Quantifying real estate’s glass ceiling
New research by Nori Gerardo Lietz reveals the degree to which women are underrepresented in senior finance and investment roles at private real estate firms. PERE Magazine, April 2012 issue
- NPS opens for business in London
The $320 billion pension fund has indicated it will open an office in London in June. The pension service, which has invested heavily in real estate of late, only has one other office outside of Korea in New York.
- Park Hill CEO moving to Europe
Dan Prendergast will relocate to London as the placement firm works to build up its franchise in Europe and Asia.
- KKR hires ex-Goldman exec to drive European RE efforts
The first 90 days of Guillaume Cassou’s tenure as a director in the newly-formed real estate division of the New York-based buy-out titan will be to identify small pools of long-term strategic business partners and advisors.
- New Jersey’s real estate chief steps down
Christine Pastore, who headed up the $70bn system’s real estate investment programme, will leave a legacy of strong GP relationships, including an innovative partnership with Blackstone.