Company: The Blackstone Group

HONG KONG (Reuters) - Sovereign wealth fund China Investment Corp (CIC) is in advanced talks to buy an up to $2 billion stake in Alibaba Group, sources told Reuters, as the Chinese e-commerce powerhouse looks to secure the last of the funding it needs to buy back part of its stake from Yahoo Inc.

HONG KONG (Reuters) - Sovereign wealth fund China Investment Corp (CIC) is in advanced talks to buy an up to $2 billion stake in Alibaba Group, sources told Reuters, as the Chinese e-commerce powerhouse looks to secure the last of the funding it needs to buy back part of its stake from Yahoo Inc.

HONG KONG (Reuters) - Sovereign wealth fund China Investment Corp (CIC) is in advanced talks to buy an up to $2 billion stake in Alibaba Group, sources told Reuters, as the Chinese e-commerce powerhouse looks to secure the last of the funding it needs to buy back part of its stake from Yahoo Inc.

HONG KONG (Reuters) - Sovereign wealth fund China Investment Corp (CIC) <CIC.UL> is in advanced talks to buy an up to $2 billion stake in Alibaba Group <ALIAB.UL>, sources told Reuters, as the Chinese e-commerce powerhouse looks to secure the last of the funding it needs to buy back part of its stake from Yahoo Inc <YHOO.O>.

HONG KONG (Reuters) - Sovereign wealth fund China Investment Corp (CIC) <CIC.UL> is in advanced talks to buy an up to $2 billion stake in Alibaba Group <ALIAB.UL>, sources told Reuters, as the Chinese e-commerce powerhouse looks to secure the last of the funding it needs to buy back part of its stake from Yahoo Inc <YHOO.O>.

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French hotel company Accor SA is checking out of Motel 6 and a prominent U.S. investment firm is moving in.

NEW YORK (Reuters) - President Barack Obama is due to attend a fundraiser hosted by one of private equity's leading lights on Monday evening, the same day his campaign launched a scathing attack against his Republican rival Mitt Romney's private equity record.

(Reuters) - China's top economic-planning agency, in a setback for foreign private equity funds, has ruled that all capital in a yuan-denominated fund must come from local Chinese investors, failing which the funds will be treated as foreign, the Wall Street Journal said.

Private equity firm The Carlyle Group raised $671 million from its initial public offering of 30.5 million common units Thursday, before underwriter commissions and other expenses.

NEW YORK (Reuters) - A $740 million portfolio of performing loans on U.S. properities held by German lender Eurohypo has been purchased by US Bancorp <USB.N>, Wells Fargo & Co <WFC.N> and private equity firm Blackstone Group LP <BX.N>, according to sources familiar with the deal.

The largest U.S. insurance company has sold its $500 million stake in one of the world’s largest private equity firms, Blackstone Group, sources told CNBC Friday.

Anticipating more attacks if Mitt Romney becomes the GOP nominee, private equity is launching a campaign to promote itself as creating jobs and helping the economy, the NY Times reports.

Before Europe’s debt crisis flared anew last summer, corporate cash piles and cheap debt had fostered hopes that deal-making would recover strongly. The New York Times reports.

Philip Falcone said on Thursday that U.S. securities regulators are considering filing civil fraud charges against him and what is left of his once $26 billion hedge fund empire.