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Grapevine: Blackstone plans buyout; Waaree, Vedanta, Whatfix in funding news

General

18 May, 2023

Grapevine: Blackstone plans buyout; Waaree, Vedanta, Whatfix in funding news

Private equity firm Blackstone is set to acquire a diamond grading firm at an enterprise value of $500-550 million, a ......

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Did Blackstone meet exit benchmark as Apax inks first new deal in two years?

TMT

15 May, 2023

Did Blackstone meet exit benchmark as Apax inks first new deal in two years?

Private equity firm Blackstone, which has in the past tasted success from its bet on the Indian IT sector with a ......

American regulator received 20 bids for SVB including big PE names

Finance

11 May, 2023

American regulator received 20 bids for SVB including big PE names

Blackstone Inc and Apollo Global Management were among about 20 bidders for some assets of collapsed Silicon Valley Bank, the ......

Blackstone-owned Nexus Malls' $390-mn IPO sails through

Infrastructure

11 May, 2023

Blackstone-owned Nexus Malls' $390-mn IPO sails through

The initial public offering of Nexus Select Trust, the real estate investment trust that operates under Nexus Malls, was more ......

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Blackstone virtually gives up on take-private offer for Indian IT firm

TMT

11 May, 2023

Blackstone virtually gives up on take-private offer for Indian IT firm

Private equity firm Blackstone, which has in the past tasted success from its bet on the Indian IT sector with ......

US private credit firms eyeing opportunities in credit amid bank collapses

Economy

10 May, 2023

US private credit firms eyeing opportunities in credit amid bank collapses

Private-credit firms are eyeing fresh opportunities from a potential borrowing squeeze in the United States as battered regional banks tighten lending after ......

Apollo Global Q1 earnings fall 8% as lower asset sales weigh

Finance

09 May, 2023

Apollo Global Q1 earnings fall 8% as lower asset sales weigh

Apollo Global Management Inc said on Tuesday its first-quarter adjusted net income fell 8% year-on-year, missing estimates, as a jump ......

Blackstone's delisting of R Systems fails amid low investor interest

TMT

08 May, 2023

Blackstone's delisting of R Systems fails amid low investor interest

Blackstone Inc's delisting offer for India's R Systems International Ltd was unsuccessful as the U.S. investment fund failed to draw ......

KKR Q1 earnings drop 26% on lower asset sales from PE portfolio

Finance

08 May, 2023

KKR Q1 earnings drop 26% on lower asset sales from PE portfolio

KKR & Co Inc said on Monday its after-tax distributable earnings fell 26% year-on-year in the first quarter due to ......

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Top PE firms, SWFs, banks in race for big-ticket deal in HDFC's Credila

Finance

07 May, 2023

Top PE firms, SWFs, banks in race for big-ticket deal in HDFC's Credila

Several large private equity firms and sovereign wealth funds as well as strategic players such as banks have lined up ......