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Blackstone Group

Decline in income from asset divestments caps Blackstone's Q1 earnings growth

Finance

18 April, 2024

Decline in income from asset divestments caps Blackstone's Q1 earnings growth

Blackstone Inc, the world's largest private equity firm, said on Thursday that its first-quarter distributable earnings rose 1% year-on-year supported ......

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Former Blackstone exec Cyriac's Florintree inks another record busting exit

Manufacturing

16 February, 2024

Former Blackstone exec Cyriac's Florintree inks another record busting exit

Florintree Capital Partners, a private equity investment firm floated by former Blackstone executive Mathew Cyriac, has hit the ball out ......

Apollo Global's Q4 earnings jump 31% on management fees, annuities

Finance

09 February, 2024

Apollo Global's Q4 earnings jump 31% on management fees, annuities

Apollo Global Management said on Thursday its fourth-quarter adjusted net income jumped nearly 31%, driven by growth in management fees ......

Apax-backed IBS Software to acquire Florida-based APS for $90 mn

TMT

16 January, 2024

Apax-backed IBS Software to acquire Florida-based APS for $90 mn

Apax Partners-backed IBS Software will acquire US-based hotel and travel technology provider Above Property Services (APS) for $90 million (nearly ......

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Flashback 2023: Private investments and M&As take a hit as investors show caution

General

29 December, 2023

Flashback 2023: Private investments and M&As take a hit as investors show caution

India’s private investment scenario was more or less grim through 2023 as investors shifted stances, tweaked criteria and took more ......

Pro
Flashback 2023: PE-VC firms script over $16 bn worth of exits in India

General

28 December, 2023

Flashback 2023: PE-VC firms script over $16 bn worth of exits in India

Galloping public market valuations and demand from both strategic buyers and private equity firms to join the cap table of ......

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Flashback 2023: Flipkart, PhonePe lead tech deal value; AI-powered startups new flavour in town

TMT

27 December, 2023

Flashback 2023: Flipkart, PhonePe lead tech deal value; AI-powered startups new flavour in town

This year may have been sluggish when it came to overall deal momentum of the tech sector in Indian startup ......

Blackstone set to sell full stake in Embassy Office Parks REIT

Infrastructure

19 December, 2023

Blackstone set to sell full stake in Embassy Office Parks REIT

Blackstone Inc. will sell its entire 23.59% stake valued at $833 million in India's largest real estate investment trust Embassy ......

Torrent Pharma in talks with multiple PE players for loan to partially fund Cipla bid

Healthcare

19 September, 2023

Torrent Pharma in talks with multiple PE players for loan to partially fund Cipla bid

India's Torrent Pharmaceuticals is in preliminary talks with Apollo Global Management to secure a loan of up to $1 billion ......

Blackstone reports weak earnings as credit, realty verticals underperform

Finance

20 July, 2023

Blackstone reports weak earnings as credit, realty verticals underperform

Blackstone Inc said on Thursday its second-quarter distributable earnings slumped nearly 40%, owing to a sharp drop in asset sales ......