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Grapevine: Blackstone to double Indian warehouses; CDPQ eyes Ashoka's road projects

General

06 March, 2024

Grapevine: Blackstone to double Indian warehouses; CDPQ eyes Ashoka's road projects

BlackstoneĀ Inc. intends to more than double its holdings of Indian warehouses, aiming for at least 100-million-square-......

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Grapevine: Vodafone Idea explores equity raise; Cult.fit raises fresh capital

General

27 February, 2024

Grapevine: Vodafone Idea explores equity raise; Cult.fit raises fresh capital

Vodafone Idea is considering an equity raise from new investors, potentially diluting stakes of existing shareholders ......

Blackstone CEO Schwarzman's income falls 29% to nearly $897 mn in 2023

Finance

26 February, 2024

Blackstone CEO Schwarzman's income falls 29% to nearly $897 mn in 2023

Blackstone Inc Chief Executive Steve Schwarzman took home $896.7 million in pay and dividends last year, a 29% decline ......

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Grapevine: Brookfield, GIC eye Blackstone's PGP Glass; Cube Highways may sell road projects

General

26 February, 2024

Grapevine: Brookfield, GIC eye Blackstone's PGP Glass; Cube Highways may sell road projects

Global investment firms, including Brookfield, GIC of Singapore, and Alpha Wave, are in contention for a minimum 50% ......

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Grapevine: TPG, KKR eye CVC's stake in hospital chain; Blackstone in fray for Airtel unit

General

19 February, 2024

Grapevine: TPG, KKR eye CVC's stake in hospital chain; Blackstone in fray for Airtel unit

Global buyout funds EQT, TPG Capital, and KKR are exploring the acquisition of a controlling stake held by CVC Capital ......

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Grapevine:  ChrysCap raising continuation fund; Blackstone opposes Aakash debt conversion

General

07 February, 2024

Grapevine: ChrysCap raising continuation fund; Blackstone opposes Aakash debt conversion

Indian-focused buyout firm ChrysCapital Management Co. is in the process of raising up to $300 million for a new fund ......

KKR beats estimates with 4% rise in Q4 earnings

Finance

07 February, 2024

KKR beats estimates with 4% rise in Q4 earnings

Private equity firm KKR & Co Inc said on Tuesday its fourth-quarter distributable earnings rose 4%, buoyed by strong ......

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Blackstone tweaks Indian portfolio exit plan in second attempt

Finance

02 February, 2024

Blackstone tweaks Indian portfolio exit plan in second attempt

Private equity behemoth Blackstone, which hit the sell button on a clutch of portfolio companies last year, including ......

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Grapevine: ADIA, HarbourVest, Blackstone REIT eye deals; Sabre Partners raises new fund

General

31 January, 2024

Grapevine: ADIA, HarbourVest, Blackstone REIT eye deals; Sabre Partners raises new fund

Abu Dhabi Investment Authority (ADIA), the sovereign wealth fund of the Gulf emirate, and London-based PE firm ......

Blackstone-owned Aadhar Housing targets $600 mn IPO

Finance

30 January, 2024

Blackstone-owned Aadhar Housing targets $600 mn IPO

Blackstone-owned Indian home loans provider Aadhar Housing Finance is targeting a $600 million-650 million initial ......

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