According to two sources close, Scott Bommer, a former hedge fund manager, is set to launch a hybrid hedge fund and private equity fund under Blackstone Group with close to $2 billion in assets. The bulk of the capital raised for… Read More ›
private equity fund
BlackStone aiming to raise $5 billion for second Asia-focused private equity fund
Bloomberg News has reported citing sources familiar with the matter at hand as saying, Blackstone Group Inc is aiming to raise $5 billion for its second Asia-focused private equity fund. Blackstone aims to use this second Asia-focused private equity fund… Read More ›
With $875 million BlackRock emerges as single largest shareholder in U.S.-based entertainment company Authentic Brands
BlackRock’s new private equity fund invested made its maiden investment in Authentic Brands and emerged as its single largest investor. In a significant development, BlackRock Inc’s new private equity fund – Long Term Private Capital (LTPC) – has completed its… Read More ›
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