247wallst.com - 5/6/2009
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The Blackstone Group, L.P. (NYSE: BX) private equity leader posted results that show a turn for the better in private equity is either afoot or much closer than before. It said that its economic net income was a loss of $93 million for the first quarter of 2009, compared to a loss of $827 ...
Blackstone Brings in Byron Wien, Wants To Sell Debt (BX)
247wallst.com 8/12/2009 — The Blackstone Group L.P. (NYSE: BX) had a fairly busy day. It seems that reports of the death of private equity may have been exaggerated. The company had two key announcements today: it brought on renowned economist and strategist Byron Wien and it said it was raising cash via a debt ...
Memo to Blackstone: Taking Private Equity Private
dealbook.blogs.nytimes.com 2/24/2009 — To: Stephen Schwarzman, Chief Executive Officer, The Blackstone Group
From: The Deal Professor
Re: What's next
Congratulations!
You are one of the lucky few who sold shares in your private equity vehicle at the top of the market. According to one ...
Private Equity and the Financial Crisis
valueplays.blogspot.com 7/29/2009 — In this lecture filmed on April 11, 2008, Stephen Schwarzman, Co-Founder of Blackstone Group, a private equity firm, speaks about his experience in the industry. He discusses his thoughts on global finance, particularly at such an interesting and challenging point in the history of financial ...
45 percent of world's wealth destroyed: Blackstone CEO
reuters.com 3/10/2009 — NEW YORK (Reuters) - Private equity company Blackstone Group LP ( BX.N ) CEO Stephen Schwarzman said on Tuesday that up to 45 percent of the world's wealth has been destroyed by the global credit crisis. "Between 40 and 45 percent of the world's ...
Blackstone, Heal Thyself
dealbook.blogs.nytimes.com 11/7/2008 — If the Blackstone Group took the advice it doles out to companies, it would probably go private, Breakingviews argues.
The asset management firm, run by Stephen Schwarzman, had a big net loss in the third quarter and warned that it might cut its ...
45 percent of world's wealth destroyed: Blackstone CEO
reuters.com 3/12/2009 — NEW YORK (Reuters) - Private equity company Blackstone Group LP ( BX.N ) CEO Stephen Schwarzman said on Tuesday that up to 45 percent of the world's wealth has been destroyed by the global credit crisis. "Between 40 and 45 percent of the world's ...
A Good Private Equity Blog
financialrounds.blogspot.com 6/27/2009 — Thanks to Analyst Forum (one of my regular stops), I just came across a pretty good blog on Private Equity called The Private Equiteer . It has a lot of posts that go through the basics of the private equity world ( here's a list of many of them). ...
Blackstone sees more than green shoots of recovery
| U.S.
reuters.com 10/14/2009 — Megan Davies DUBAI (Reuters) - Private equity firm Blackstone Group's chief executive said the worst of the industry's problems were behind it, and dealflow and IPO opportunities were opening up again. Stephen Schwarzman also said on Wednesday he was ...
Blackstone posts first quarterly profit in a year
bloggingbuyouts.com 8/10/2009 — But there are some positives. For example, about two-thirds of the Blackstone portfolio has companies with EBITDA (earnings before interest, taxes, depreciation, and amortization) that is flat or above last year's levels. Next, the firm sees some ...
It’s Too Early for Private Equity To Be “Back”
pehub.com 8/11/2009 — Just because private equity is seeing some renewed enthusiasm doesn’t mean its “back.” Call me a pessimist, but remember that near-half a trillion dollars in corporate debt? It’s due in three years and it hasn’t gone anywhere. None of the indicators ...
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