Renewable energy developer, financer, and operator Pine Gate Renewables has closed on a $288 million preferred equity investment with funds affiliated with Blackstone Credit and Insurance (Blackstone) ...
Blackstone Inc. is investing $288 million in energy storage and solar company Pine Gate Renewables, as part of its push toward financing renewable energy. Blackstone Credit and Insurance, or BXCI ...
Blackstone's Q3 earnings exceeded expectations, with total segment revenue of $2.43 billion and significant growth in fee-related and distributable earnings. Despite higher distributable earnings ...
(Bloomberg) -- The private credit industry is still at the beginning of expansion with growth likely to be driven by investment-grade assets, according to Blackstone Inc., the world’s largest ...
Blackstone reported strong 3Q24 results with profits up YoY, driven by asset management growth and asset inflows, reaching $1.1 trillion in AUM. Despite robust performance, Blackstone's valuation ...
The audience roared with laughter. “Everyone was like, no, no,” recalls executive producer Bellamie Blackstone. “Then Tavaris said, ‘I’ve never said those words in my life. I don’t ...
Yesterday they dealt in distressed debt, today they’re battling to establish credibility as plain-vanilla lenders. Money managers once known for providing capital to businesses that couldn’t ...
Alternatives giant Blackstone has indicated it has plans to take some of its largest portfolio companies public. President and chief operating officer of Blackstone Jonathan Gray said that the recent ...
Goldman Sachs Group Inc. has teamed up with Blackstone Inc. to package private fund loans into bonds, a novel form of debt that banks could look to sell more of in the future. The pair last week ...
But rejoice! Blackstone, the bellwether of the private equity industry, says business is about to come back in a big way. “When you have this strong of an equity market it’s almost like a ...
Blackstone made its name by buying undervalued companies and real estate. But in the third quarter of this year, the company's burgeoning credit arm was the star of the show. In reporting earnings ...