Blackstone

Company in the news

Blackstone Asia tactical opportunities founding member Menes Chee retires after 15 years

Since its founding in 2012, Blackstone’s tactical opportunities division has grown into a unit with US$35 billion ($45.60 billion) of assets.

Investing strategies

Blackstone sees Asia as growth engine as US rate cut gives boost

Talks to sell a minority stake in VFS Global are making good progress in Singapore, says Amit Dixit of Blackstone.

M&A

Temasek said to near stake purchase in Blackstone-owned VFS

VFS has a large presence in India, where it provides visa application services for the US consulate across cities in the country.

Data centres

Blackstone to acquire data centre operator AirTrunk for A$24 bil

The acquisition, subject to regulatory approval, marks Blackstone’s largest investment in the Asia Pacific.
Warburg Pincus-Lendlease JV platform acquires $1.6 bil portfolio of assets in Singapore - THE EDGE SINGAPORE

Property

Warburg Pincus-Lendlease JV platform acquires $1.6 bil portfolio of assets in Singapore

The assets were acquired from entities associated with Blackstone and Soilbuild’s executive chairman Lim Chap Huat.

Company in the news

Blackstone, GIC and others sell GBP1.6 bil stake in LSEG

The selling consortium is made up of the former owners of Refinitiv, the firm that LSEG acquired for US$27 billion in 2021.
CDL buys Paris hotel from Blackstone for EUR153 mil, Mingtiandi reports - THE EDGE SINGAPORE

Property

CDL buys Paris hotel from Blackstone for $356 mil, Mingtiandi reports

CDL had bought St Katharine Docks from Blackstone last March
Blackstone is building a US$25 billion empire of power-hungry data centres - THE EDGE SINGAPORE

Digital Economy

Blackstone is building a US$25 billion empire of power-hungry data centres

With the AI boom taking hold, the Metas and Microsofts of the world are increasingly relying on landlords for the space
Consortium including GIC, Blackstone and Thomson Reuters plan GBP2.3 bil LSE share sale - THE EDGE SINGAPORE

Company in the news

Consortium including GIC, Blackstone and Thomson Reuters plan GBP2.3 bil LSE share sale

The group plans to offload 28.3 million shares, according to a regulatory filing.

Private equity

The ugly side of private equity

Why does PE get such bad publicity? For one thing, it has traditionally 'extracted' wealth, rather than creating wealth
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