Blackstone's David Blitzer weighed in on the team he co-owns and other investing topics at a conference Friday.» Read More
Moelis& Co. intends to list its shares on the New York Stock Exchange under the ticker symbol "MC."
PATNA, India, March 4- Ravindra Kishore Sinha built India's largest security business from a garage in the dirt-poor state of Bihar.
March 3- Apollo Global Management LLC Chief Executive Officer and co-founder Leon Black received $369.4 million in dividends and pay from his private equity and credit investment firm in 2013, up 105 percent from 2012, a regulatory filing showed on Monday.
NEW YORK, March 1- Veteran food industry investor C. Dean Metropoulos is seeking a new owner for Pabst Brewing Co, best known for blue collar-turned-hipster favorite Pabst Blue Ribbon label, people familiar with the matter said.
Feb 28- Blackstone Group LP Chief Executive Stephen Schwarzman's earnings from dividends and pay soared by 75 percent to $374.5 million in 2013, underpinning his firm's strong profits in real estate, private equity, credit and hedge funds, the company's annual report showed on Friday.
NEW YORK, Feb 25- Cooper-Standard Holdings Inc is weighing a merger with rival TI Automotive, looking to combine the world's two largest suppliers of fluid systems for cars and trucks, according to people familiar with the matter.
Feb 20- Cylance Inc, a cyber security startup founded by McAfee Inc's former global chief technology officer, said it received $20 million in funding from an investor group led by Khosla Ventures and Blackstone Group.
Feb 20- Private equity firm Blackstone Group LP and Singapore sovereign wealth fund GIC are in advanced talks to acquire a minority stake in Kronos Inc that could value the resources management software firm at around $4.5 billion, two people familiar with the matter said on Wednesday.
Some of the biggest names on Wall Street are quietly preparing to do battle over elections this year.
Peer Blackstone Group LP reported an 11.5 percent rise in the same quarter, Apollo Global Management reported a 9 percent rise and KKR& Co LP reported an 8.4 percent rise.
Feb 18- Private equity firm TPG Capital LP registered its business development company for an initial public offering on Tuesday, seeking to capitalize on the growth of such credit investment vehicles and the rise of the shadow banking sector.
Blackstone, which has made big bets on hotels, rental homes and other real estate in recent years, continues to be bullish on the sector.
Here's what Pershing Square's Bill Ackman thinks about a slew of companies.
Buyout firms Advent International Corp, Blackstone Group LP and Bain Capital LLC submitted binding offers last week for Kronos, a competitor of Workday Inc, the people said on Wednesday.
Institutional investors have bought more than 100,000 houses since the crash, and economists are concerned about what happens if they sell.
MUMBAI, Feb 12- Less than nine months after opening the first hotel in Mumbai under its brand, Hong Kong luxury chain operator Shangri-La Asia handed the keys back to the owner.
La Quinta Holdings, a hotel chain backed by Blackstone Group LP, filed with U.S. regulators to raise up to $100 million in an IPO.
NEW YORK, Feb 7- Apollo Global Management LLC reported a 37 percent drop in fourth-quarter profit per share on Friday, failing to match its carried interest income from a year ago, yet the result beat most analysts' expectations on stronger fund values.
MUMBAI, Feb 7- The Indian Commodity Exchange is set to fold due to plummetting trading volume as a result of the government's failure to liberalise and investors retreat from futures markets after a major financial scandal at another exchange last year.
LONDON, Feb 5- Fast-growing trading house Mercuria, led by two former Goldman Sachs executives, has become the front-runner to buy the physical commodities unit of JPMorgan, one of the most powerful oil and metals desks on Wall Street, two sources told Reuters.