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What Blackstone CEO Schwarzman's early struggles can teach first-time fund managers

Finance

09 March, 2020

What Blackstone CEO Schwarzman's early struggles can teach first-time fund managers

When Stephen Schwarzman was raising capital for his first fund at private equity firm Blackstone in the mid-1980s, he was ......

Coronavirus forces Blackstone, Apax to delay or webcast investor meetings

Finance

06 March, 2020

Coronavirus forces Blackstone, Apax to delay or webcast investor meetings

Blackstone Group Inc and Apax Partners LLP are among the buyout firms that have had to delay their annual meetings ......

Blackstone's Schwarzman on India optimism, coronavirus impact and Fed's rate cut

Finance

04 March, 2020

Blackstone's Schwarzman on India optimism, coronavirus impact and Fed's rate cut

Blackstone Group Inc. is positive about India’s long-term growth story despite the recent economic slowdown and the ongoing global health ......

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Blackstone's India bad loan arm plans to expand leadership team

People

03 March, 2020

Blackstone's India bad loan arm plans to expand leadership team

Global private equity giant Blackstone plans to grow the leadership team at its asset reconstruction arm in India, a top ......

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Two investors reach bidders' shortlist for GIC's Viviana Mall

Infrastructure

03 March, 2020

Two investors reach bidders' shortlist for GIC's Viviana Mall

The sale process of Viviana Mall, which is jointly owned by Singapore's sovereign wealth fund GIC and Mumbai-based developer Sheth ......

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How bad loan buyer IARC performed in first year under new owner Blackstone

Finance

28 February, 2020

How bad loan buyer IARC performed in first year under new owner Blackstone

International Asset Reconstruction Co. Pvt. Ltd (IARC) resumed making bad-loan bets in its first year of operations under new majority ......

Thyssenkrupp sells elevator unit to Advent, Cinven consortium for $18.7 bn

Manufacturing

28 February, 2020

Thyssenkrupp sells elevator unit to Advent, Cinven consortium for $18.7 bn

Thyssenkrupp AG said on Thursday it agreed to sell its elevators division to a consortium of Advent, Cinven and Germany's ......

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Blackstone to pump more funds into asset reconstruction arm IARC: Kishore Moorjani

Finance

24 February, 2020

Blackstone to pump more funds into asset reconstruction arm IARC: Kishore Moorjani

International Asset Reconstruction Company Pvt. Ltd (IARC), which began operations in 2007, has been a slow starter in India’s asset ......

IFC to invest nearly $30 mn in Future Lifestyle Fashions

Consumer

20 February, 2020

IFC to invest nearly $30 mn in Future Lifestyle Fashions

International Finance Corporation will invest Rs 213 crore ($29.7 million) in Future Lifestyle Fashions Ltd, joining private equity firms Blackstone ......

Grapevine: Apax, others eye CSS Corp; Adani may infuse funds in Simplex Infra

General

20 February, 2020

Grapevine: Apax, others eye CSS Corp; Adani may infuse funds in Simplex Infra

Private equity funds including Apax Partners and Kedaara Capital are in early discussions to acquire US-headquartered IT company CSS Corp., ......