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Blackstone makes partial exit from Embassy Office Parks REIT

Infrastructure

24 June, 2020

Blackstone makes partial exit from Embassy Office Parks REIT

Private equity giant Blackstone has sold part of its stake in a real estate investment trust formed with Bengaluru developer ......

Grapevine: Geojit may buy Faering-backed Funds India; Blackstone to sell Embassy REIT units

General

23 June, 2020

Grapevine: Geojit may buy Faering-backed Funds India; Blackstone to sell Embassy REIT units

Geojit Financial Services is in talks to buy an online mutual fund investment platform -- Funds India -- from its ......

Grapevine: Blackstone, IIFL Wealth circle L&T MF; Hindustan Zinc to sell wind assets

General

22 June, 2020

Grapevine: Blackstone, IIFL Wealth circle L&T MF; Hindustan Zinc to sell wind assets

Buyout major Blackstone and General Atlantic-backed IIFL Wealth are among the top bidders to acquire L&T Mutual Fund with Rs ......

Premium
With virus set to stretch exit period, a look at PE firms with oldest portfolios

Finance

09 June, 2020

With virus set to stretch exit period, a look at PE firms with oldest portfolios

The coronavirus pandemic has not only made private equity investors more cautious in deploying fresh capital but has also raised ......

Premium
Aakash Educational CEO on changes after Blackstone deal and scouting for more M&As

Consumer

08 June, 2020

Aakash Educational CEO on changes after Blackstone deal and scouting for more M&As

Aakash Educational Services Ltd, one of the leading test-preparation companies in India, bolstered its presence in the digital world through ......

Café Coffee Day operator hires EY to evaluate potential suitors

Consumer

05 June, 2020

Café Coffee Day operator hires EY to evaluate potential suitors

Coffee Day Global, which owns the Café Coffee Day (CCD) chain founded by the late VG Siddhartha, has appointed Ernst ......

Blackstone amasses $1.9 bn for Asia core-plus real estate funds

Finance

14 May, 2020

Blackstone amasses $1.9 bn for Asia core-plus real estate funds

The Blackstone Group Inc. has raised a total of almost $1.9 billion for a set of Asia-focussed real estate funds, ......

Grapevine: Biyani seeks Blackstone help to cut debt; Reliance may sell Asian Paints stake

General

08 May, 2020

Grapevine: Biyani seeks Blackstone help to cut debt; Reliance may sell Asian Paints stake

Kishore Biyani’s Future Group has approached private equity (PE) firms, including its existing investor Blackstone, as it tries to reduce ......

KKR's first-quarter profit rises 11% on stronger asset sales

Finance

07 May, 2020

KKR's first-quarter profit rises 11% on stronger asset sales

Private equity firm KKR & Co Inc reported an 11% jump in after-tax distributable earnings in the first quarter on ......

Grapevine: Blackstone, Indian asset managers look to buy L&T Mutual Fund

Finance

30 April, 2020

Grapevine: Blackstone, Indian asset managers look to buy L&T Mutual Fund

Private equity giant Blackstone and some Indian asset managers are in the fray to acquire a majority stake in engineering-to-finance ......