Blackstone Group

Markets Open Trading Week Slightly Down

PJT Partners' shares fall deeply following the arrest of former executive

On Monday, Andrew Caspersen, a previous partner of PJT Partners, was arrested for committing a Wall Street fraud. The US prosecutors accused Caspersen of defrauding $95 million from investors.

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Japan

Aetos Capital preparing to sell Japan's Simplex, seeks $1.7 billion

U.S.-based property investment fund Aetos Capital Real Estate is preparing to sell Simplex Investment Advisors, a Japanese real estate asset management firm, seeking as much as 200 billion yen ($1.7 billion), people with knowledge of the deal said.

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Blackstone Group LP

Blackstone chases Buffett with 'core' private equity

Blackstone Group LP has reached out to its biggest fund investors about investing in a new investment vehicle with a longer investment horizon than the typical 10-year private equity fund, according to people familiar with the matter

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Blackstone Group LP

Blackstone to sell Manhattan skyscraper for about $2.25 billion

Blackstone Group LP has reached a deal to sell a Manhattan office tower for about $2.25 billion to a venture led by Canadian property investor Ivanhoe Cambridge, the Wall Street Journal reported, citing people familiar with the terms of the sale.

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Hilton Worldwide Inc

Hilton says Blackstone to cut stake in company by 14 percent

Hilton Worldwide Holdings Inc (HLT.N), the world's largest hotel operator, said Blackstone Group LP (BX.N) would reduce its stake in the company by 14 percent to about 57 percent.

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Blackstone Group LP

Blackstone to seek $13 billion for global real estate fund

Blackstone Group LP (BX.N), the world's largest private equity investor in real estate, is preparing to seek around $13 billion for its next flagship global real estate fund, in line with its predecessor fund, according to people familiar with the matter.

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Blackstone Group CEO Stephen Schwarzman

Blackstone Group CEO's earnings rise by 75% in 2013

Blackstone Group Chief Executive Officer Stephen Schwarzman earned $374.5 million last year, representing an increase of 75% as the private equity firm's distributable earnings also went up 66% in 2013, Reuters reported.

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A man walks past an AVIVA logo outside the company's head office in the city of London March 5, 2009. REUTERS/Stephen Hird

Blackstone's Tom Stoddard is Aviva's new CFO

Tom Stoddard, a Senior Managing Director at private equity firm Blackstone Group, will be serving as the Chief Financial Officer of Britain-based insurer Aviva Plc, Reuters reported.

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Germany

Buyout firms set sights on Germany's commercial real estate- report

Private equity companies are among the rising number of investors looking to invest in the commercial real estate market in Germany where cash-strapped owners are forced to make deals, Bloomberg reported.

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United Biscuits

Chinese private equity firm Hony Capital Ltd mulls possible offer for United Biscuits Holdings Ltd- sources

Hony Capital Ltd, a Chinese private equity firm, is mulling a potential bid for United Biscuits Holdings Ltd owned by Blackstone Group and PAI Partners, according to sources interviewed by Bloomberg.

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Citigroup

Blackstone Group, Panchshil realty jointly bid INR186 crore for Citibank's India property

Private equity firm Blackstone Group and property developer Panchshil Realty have emerged frontrunners for buying Citibank's old headquarters in Mumbai, India. The Blackstone-Panchshil combine have jointly bid INR186 crore for Citigroup Center.

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KKR & Co

KKR raises $2B for KKR Special Situations Fund

New York-based private equity firm KKR & Co was able to gather $2 billion for a fund called the KKR Special Situations Fund that will provide financing to distressed firms in North America, Europe and Asia.

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SeaWorld

Institutional investors thank 2013 for record gains- report

The Wall Street Journal reported that institutional investors will best remember 2013 as a year of record gains, as buoyant markets facilitated IPOs and debt deals that paid hefty dividends.

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Cambridge Associates

2013 a good year for private equity firms- report

Data from Cambridge Associates showed that 2013 was a good year for private equity as they returned $120 billion to their institutional backers, the San Francisco Business Times reported.

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Singapore's GIC

Singapore's GIC buys Blackstone out of Broadgate deal

Singapore's sovereign wealth fund GIC was named as British Land's new partner in London's Broadgate office and retail complex on Tuesday, buying out U.S. private equity group Blackstone for around 1.7 billion pounds.

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