Blackstone

Blackstone Expands Horizons: Former Pfizer Scientist Joins the Team to Hunt for Next Big Blockbuster Drug

2 days ago

In an ambitious move aimed at revolutionizing its healthcare investment strategy, private equity titan Blackstone has announced the hiring of a prominent former scientist from Pfizer. This addition signals Blackstone's commitment to spearheading innovative drug discoveries and tapping into the ever-evolving biopharmaceutical landscape.

Blackstone-Backed Compliance Tech Firm ISN Considers a $6 Billion Sale

14 days ago

In a significant development within the technology and compliance sectors, ISN, a compliance technology company supported by the private equity giant Blackstone, is reportedly contemplating a multimillion-dollar sale, potentially valued at around $6 billion. This comes as the need for advanced compliance solutions continues to rise across various industries, highlighting the growing importance of technology in regulatory affairs.

Blackstone's Schwarzman Predicts Exponential Growth in AI Technologies

1 month ago

In a recent statement that has captivated the attention of investors and technology enthusiasts alike, Blackstone Group's CEO, Stephen Schwarzman, expressed profound optimism regarding the transformative power of artificial intelligence (AI). Speaking at a technology conference, he elaborated on the remarkable potential of AI to reshape industries and create unprecedented efficiency and innovation across various sectors.

Blackstone and Permira's Adevinta Close in on Willhaben Stake Sale

1 month ago

In a significant shift within the digital marketplace sector, investment powerhouses Blackstone and Permira, along with their portfolio company Adevinta, are reportedly on the verge of finalizing a stake sale in the prominent Austrian classifieds platform, Willhaben. The transaction is predicted to yield approximately €400 million, reflecting the substantial growth and value of online marketplaces in recent years.

Blackstone's BXMT Secures $189 Million Financing for Outdoor Storage Facilities

2 months ago

In a significant development within the real estate finance sector, Blackstone Mortgage Trust (BXMT) has announced a substantial loan amounting to $189 million aimed primarily at the acquisition and improvement of outdoor storage lots. This infusion of capital underscores the growing demand for outdoor storage spaces, as more individuals and businesses seek flexible storage solutions.

Blackstone-Backed Wealth Manager Expands to Dubai: A New Chapter for India's Elite Investors

3 months ago

A newly launched wealth management firm, supported by financial giant Blackstone, has officially opened its doors in Dubai. This strategic move marks an important expansion for India's affluent investors seeking to diversify their portfolios in a global financial hub known for its favorable tax regime and vibrant business environment.