Blackstone president Jon Gray defended the quality of loans within the firm's flagship private credit fund.
The retail investor-oriented fund saw $1.7 billion in net outflows amid growing concern over the non-bank lending sector.
The alternative investment giant is approaching sovereign wealth funds to make initial investments in the entity.
Blackstone Inc. has picked Citigroup Inc. to help prepare for a potential sale of ShyaHsin Packaging, according to people with knowledge of the matter.
Outflows topped inflows by a record $1.7 billion in Blackstone’s huge $82 billion private-credit fund in its latest quarter.
The shopping center REIT has seen acquisition interest from Blackstone and TPG, according to sources that spoke to Reuters.
By Isla Binnie NEW YORK, March 3 (Reuters) - Blackstone's flagship private credit fund faced a surge in withdrawals in the ...
Blackstone Inc. CEO Steve Schwarzman earned more than $1.2 billion last year after the alternative asset manager made record ...
Blackstone Inc. (NYSE:BX) is one of the best undervalued stocks to invest in right now. Barclays cut the price target on Blackstone Inc. (NYSE:BX) to $126 from $164 on March 2, maintaining an Equal ...