Displaying 18 results
Blackstone set to become first-ever $1T PE firm
The private equity giant reports its results Thursday
Blackstone’s BREIT sees $4.5 billion of withdrawal requests in March
The real estate trust, which has limited redemptions for a fifth straight month, had already hit 2% monthly limits in January and February.
Blackstone nontraded REIT prompts SEC queries
After the Blackstone Real Estate Income Trust and the Starwood Real Estate Income Trust limited redemptions, the SEC reached out to both firms to try to understand the events.
Nontraded REIT chickens come home to roost at wirehouses, RIAs
The liquidity issue is squarely in the laps of financial advisers who have never had to deal with the difficulties posed by nontraded REITs before.
Starwood limits withdrawals from its nontraded REIT
The move comes just days after Blackstone Inc. announced it would limit withdrawals from its $69 billion fund.
Blackstone’s $69 billion real estate fund hits redemption limit
The firm's announcement that it will limit redemptions from the fund sent its stock falling as much as 10%.
Blackstone’s tax-free hedge fund pitch draws scrutiny
Senate Finance Committee Ron Wyden has requested information about private placement life insurance, which can be used to shelter hedge funds and other products from taxes.
Blackstone keeps eye on retail, Morgan Stanley open to more deals: Execs
Blackstone's CEO says the firm sees a 'huge' opportunity with retail investors and advisers, while a Morgan Stanley executive talked about recent and potential acquisitions.
Blackstone adds to bet on student housing with $13 billion deal
Blackstone and other PE firms are wagering that off-campus housing will provide better returns than apartments and other residential assets, which have soared in value since the pandemic.
Blackstone says alternative assets are headed for your 401(k)
The creation of liquidity in certain alternative products aimed at retail investors has broadened their appeal.
Broker-dealers sell record $10.5 billion in alts in January
Investors' demand for alternative investments such as nontraded REITs and business development companies at the start of 2022 is a harbinger for sales over the remainder of the year.
Why RIAs should look at PE the way PE looks at RIAs
As private equity pours cash into wealth management, financial advisers should be exposing clients to private equity investments.
Alternative investment sales skyrocket in 2021
Sales of such alternative investments are so strong, they have already surpassed last year's total of close to $27 billion, and are tracking to nearly double that amount by year end.
Alight Solutions to go public by merging with SPAC
The deal with Foley Trasimene values Blackstone Group's benefits administrator at about $7.3 billion including debt. Blackstone bought the unit from Aon in 2017.
Blackstone sees half of assets coming from individual investors
Private equity firm's funding from retail will rise from current 15%-20%, exec says.
Blackstone jumps into nontraded REIT market
Wall Street alternative investment giant The Blackstone Group, with $356 billion in assets, is diving into the beleaguered…
Workers and employers would be forced to save 3% of pay under new retirement proposal
Private equity exec Tony James and economist Teresa Ghilarducci advocate for a national retirement system starkly different from our current one.
Blackstone preps nontraded real estate fund for the fee-only crowd
Fund comes with no sales load but 12(b)-1 fee, performance fee and expense ratio.
