Blackstone closes second global mezzanine fund at $4b
The Blackstone Group has raised $4 billion for its second global mezzanine fund, making the vehicle twice the size of its predecessor. The fund has already deployed or committed $780 million to four companies, including Japan’s Sony Corp, which required financing for its acquisition of EMI Group’s publishing unit.
GSO Capital Opportunities Fund II, run by Blackstone's credit division, GSO Capital Partners, is the largest mezzanine vehicle raised since the global financial crisis. It will invest across a broad range...
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