The Blackstone Group
Blackstone to invest up to $800m in Tamarind Energy
Blackstone has made a commitment to invest up to $800 million in Malaysia-based oil and gas exploration and production start-up, Tamarind Energy, alongside management. The investment is being made via the GP's energy investment unit, Blackstone Energy...
Control deals cast light on Asia GPs' value creation credentials - AVCJ Forum
Private equity investors are seeing more control deals in emerging Asian markets traditionally dominated by growth capital, which in turn gives LPs greater visibility as to GPs’ operational capabilities.
Blackstone's Asia head Michael Chae to return to New York
Michael Chae, head of international private equity at The Blackstone Group, will move back to New York after a four-year stint in Hong Kong.
Blackstone completes take-private of China's Pactera
A consortium led by The Blackstone Group has completed a take-private of Pactera Technology International that values the NASDAQ-listed Chinese tech outsourcing firm at approximately $625 million.
PE firms to bid for China Huarong stake – report
A group of around 20 investors are said to be preparing to submit first-round offers for a minority stake worth $2 billion in China Huarong Asset Management ahead of the non-performing loan (NPL) manager’s IPO.
Blackstone passes $3b mark on Asia real estate fund
The Blackstone Group has received more than $3 billion in capital commitments for its first Asia real estate fund, which is targeting $4 billion.
Blackstone names Carnegie Australia PE head
The Blackstone Group has appointed James Carnegie as a senior managing director in its Sydney office from where he is expected to lead private equity activities in Australia.
GIC acquires Blackstone stake in London office building
GIC Private, Singapore's sovereign wealth fund, has acquired The Blackstone Group's 50% stake in 5 Broadgate (5BG), a London office building which is due for completion in 2015, for around GBP1.7 billion ($2.8 billion).
Blackstone exits Emcure Pharma to Bain
The Blackstone Group will exit its 2006 investment in India’s Emcure Pharmaceuticals to Bain Capital. Financial terms of the deal were not disclosed but it is reportedly worth INR7 billion ($112.8 million)
Blackstone to up stake in India's MCX to 4.99%
Blackstone is to increase its stake in the Commodity Exchange of India (MCX) to as much as 4.99%. The proposed purchase comes after Blackstone picked up 2% in the commodity bourse for INR1.04 billion ($16.6 million) in March this year.
Blackstone India PE head Akhil Gupta replaced by two new co-heads
Akhil Gupta, the head of Blackstone's Indian private equity operations, is to be moved to a non-executive role as managing directors Mathew Cyriac and Amit Dixit are brought in to co-head the unit.
KKR, Carlyle, GSO among potential bidders for JPMorgan Asia investment arm - report
KKR, The Carlyle Group and Blackstone's credit arm, GSO Capital Partners are said to be among potential buyers for JPMorgan Chase's Asia-based principal investment business, Global Special Opportunities Group (GSOG). The valuation is likely to be more...
Blackstone Australia chairman Paul Costello quits
Paul Costello, the non-executive Chairman for Australia and New Zealand at The Blackstone Group, has resigned after two years with the firm.
Blackstone buys 49% stake in China Franshion unit
The Blackstone Group has bought a 49% stake in Enhanced Experience, a wholly-owned subsidiary of Hong Kong-listed Franshion Properties, for $128 million.
Blackstone, Carlyle to bid for Transpacific waste unit - report
The Blackstone Group and The Carlyle Group are said to be among suitors for Transpacific Industries Group's New Zealand waste management unit, with first round bids expected by December 6. Japan's Orix Corp. and New Zealand infrastructure investor Infratil...
Blackstone Real Estate Partners to exit Synergy Property
The Blackstone Group’s Real Estate Partners unit is in the process of exiting its 35% stake in Bangalore-based project management consultancy Synergy Property Development Services in a deal valued at INR2.6 billion ($41.7 million)
Blackstone, Panchshil Realty to buy Mumbai office tower
The Blackstone Group and Xander Group-backed Indian developer Panchshil Realty are set to buy a majority stake in an office tower in Mumbai for close to INR9 billion ($144 million).
Leung quits as Blackstone Greater China chairman
Antony Leung will step down as Greater China chairman at The Blackstone Group to become CEO of Hong Kong conglomerate Nan Fung Group. He will remain involved with Blackstone as a senior advisor and member of the firm’s international advisory board....
CIC to buy London business park from Blackstone - report
China Investment Corporation is in exclusive talks to acquire Chiswick Park - a 32-acre UK business park - from The Blackstone Group.
Blackstone buys into China shopping mall developer
The Blackstone Group and ICBC International will acquire stakes of 40% and 6% respectively in Chinese shopping mall developer and operator SCP. The financial terms were not disclosed but Blackstone’s investment is reported to be worth $400 million.
Schwarzman bullish on Blackstone's Australia prospects
The Blackstone Group is looking to increase its investments in Australian real estate and private equity, according to Stephen Schwarzman, the firm’s co-founder.
Blackstone opens Singapore office
The Blackstone Group has opened an office in Singapore, extending its footprint into Southeast Asia. The move comes as global private equity firms place increased emphasis on the region.
China's Pactera agrees to $625m Blackstone-led take-private
Pactera Technology International has agreed to be taken private by a consortium led by The Blackstone Group that values the NASDAQ-listed Chinese tech outsourcing firm at approximately $625 million. Existing investor GGV Capital is also participating...
Indian regulator revives REITs plan
The Securities and Exchange Board of India (SEBI) has issued draft guidelines to set up real estate investment trusts (REITs) in the country, which could help provide liquidity to existing investors and attract more foreign capital.