Silver Lake boss: We won't buy BlackBerry

Getty Images

Silver Lake Partners won't be BlackBerry's savior.

Mike Bingle, managing partner of Silver Lake, a tech investment firm with more than $20 billion in assets, said Friday he was not interested in buying the struggling technology company, in response to a question at the Dow Jones Private Equity Analyst Conference in New York.

"I don't have anything magical to say about that situation," Bingle said. "We think they have a lot of intellectual property and hopefully the value will work out from that."