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Blackstone Group LP

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  • Blackstone seeks $13B for real estate fund: Report Tuesday, 28 Oct 2014 | 8:34 AM ET

    Blackstone, the world's largest private equity investor in real estate, is preparing to seek around $13 billion for its next flagship fund.

  • Your first trade for Tuesday Monday, 27 Oct 2014 | 6:33 PM ET

    The "Fast Money" traders share their final trades of the day.

  • NEW YORK, Oct 27- Blackstone Group LP, the world's largest private equity investor in real estate, is preparing to seek around $13 billion for its next flagship global real estate fund, in line with its predecessor fund, according to people familiar with the matter. Its latest fund, Blackstone Real Estate Partners VII, which raised $13.4 billion in 2012, reported a...

  • NEW YORK, Oct 23- Private equity firm KKR& Co LP reported a lower-than-expected 27 percent year-on-year drop in third-quarter profit on Thursday, as its holdings appreciated more than many analysts foresaw and it generated more cash by exiting its investments. KKR's steep earnings drop was driven by a lower appreciation of its private equity investments...

  • NEW YORK, Oct 22- Apollo Global Management LLC plans to start raising between $2 billion and $3 billion for a second natural resources private equity fund, sources familiar with the situation said, in the latest sign that the firm is doubling down on the U.S. shale boom. The firm's first resources fund, the Apollo Natural Resources Partners, has now almost fully...

  • Blackstone backs 'utility scale' wind, solar power Tuesday, 21 Oct 2014 | 6:07 PM ET

    Mega investment firm Blackstone Group announced a new partnership to identify and to develop North American renewable power projects.

  • *Third-quarter ENI 66 cents per share; Wall Street view 72 cents. Oct 16- Blackstone Group LP, the world's largest alternative asset manager, on Thursday reported lower-than-expected third-quarter earnings, but said it was well positioned to profit from market jitters and put more of its $42.3 billion in undrawn investor capital to work. Blackstone, whose...

  • Blackstone posts profit, sees opportunity in turmoil Thursday, 16 Oct 2014 | 10:53 AM ET
    Stephen Schwarzman

    A bout of market volatility rattled traders’ nerves on Wednesday, but the Blackstone Group is looking for ways to profit on the turmoil.

  • *Assets under management at $284 billion at end September. Third-quarter ENI 66 cents per share; Wall Street view 72 cents. Oct 16- Blackstone Group LP, the world's largest alternative asset manager, on Thursday reported lower-than-expected third-quarter earnings, but said it was well positioned to profit from market jitters and put more of its $42.3 billion in...

  • Early movers: GS, DAL, MAT, AXP, NFLX & more Thursday, 16 Oct 2014 | 8:21 AM ET
    A trader works on the floor of the New York Stock Exchange as the Alibaba Group IPO goes public.

    Some of the names on the move ahead of the open.

  • Oct 16- Blackstone Group LP, the largest publicly listed alternative asset manager, reported an 18 percent rise in third-quarter profit on Thursday, missing many analysts' expectations. Blackstone, whose investments include the Weather Channel, shoemaker Crocs Inc and SeaWorld Entertainment Inc, said economic net income, a metric of profitability that takes...

  • Traders looking for more economic headwinds Thursday, 16 Oct 2014 | 6:06 AM ET
    Traders on the floor of the New York Stock Exchange, October 15, 2014.

    After Wednesday’s market turbulence, traders will be watching Thursday’s economic reports for any further indications the U.S. economy is running into headwinds.

  • Market fear factors could linger Thursday Wednesday, 15 Oct 2014 | 7:57 PM ET
    Traders on the floor of the New York Stock Exchange, October 15, 2014.

    After Wednesday’s market turbulence, traders will be watching Thursday’s economic reports for any further indications the U.S. economy is running into headwinds.

  • NEW YORK, Oct 10- Blackstone Group LP said on Friday it would spin off its advisory units into a company headed by star Wall Street investment banker Paul Taubman, to avoid potential conflicts of interest in the sprawling private equity empire. The new publicly traded company could be valued at $1 billion to $2 billion, a person close to Blackstone said.

  • Midday movers: Blackstone Group, Tesla Motors & more Friday, 10 Oct 2014 | 12:40 PM ET

    Some of Friday's midday movers:

  • Oct 10- Blackstone Group LP said it would spin off its M&A, restructuring and private equity fundraising advisory businesses to avoid conflicts, combining them with the advisory firm of Morgan Stanley investment banking veteran Paul Taubman. Blackstone's advisory businesses being spun out account for a tiny fraction of the New York firm's earnings,...

  • Blackstone Group to spin off financial advisory unit Friday, 10 Oct 2014 | 10:41 AM ET
    Paul Taubman

    Blackstone announced plans to spin off its financial advisory business, its restructuring services, and its Park Hill fund businesses into one entity.

  • Oct 10- Blackstone Group LP said on Friday it would spin off its M&A, restructuring and private equity fundraising advisory businesses and combine them with the financial advisory firm of Morgan Stanley veteran Paul Taubman, in a move to avoid conflicts. Taubman, who left Morgan Stanley in 2012, has been behind some of the biggest deals of the past few years,...

  • Blackstone cuts controversial fees Wednesday, 8 Oct 2014 | 2:08 PM ET
    Stephen A. Schwarzman, Chairman and CEO, The Blackstone Group, USA.

    One of the world's largest private equity firms is dropping a controversial type of fee it charges clients.

  • Oct 8- Windy Cove Energy LLC said it received a $700 million equity investment from Blackstone Group LP, funds the company will use to buy mature oilfields that it will flood with carbon dioxide to free trapped oil and gas. U.S. companies such as Denbury Resources Inc, Whiting Petroleum Corp and privately held Roosevelt Resources LP inject carbon dioxide into...