Blackstone Inc.’s major fund for wealthy investors gained 1.95% in 2024, the second year the Blackstone Real Estate Income Trust failed to deliver returns that would allow its managers to reap ...

Blackstone Inc. is elevating two key executives at its private equity arm.Most Read from BloombergThese Homes Withstood the LA Fires. Architects Explain WhyA Blueprint for Better Bike LanesWhat Robotaxis Brought San FranciscoAmbitious High-Speed Rail Plans Advance in the Baltic RegionJoe Baratta,

Closer to January’s start, reports indicated that Blackstone was exploring the possible sale of SESAC. Now, new details are emerging about the PRO’s massive price tag. Those details entered the media spotlight in a Bloomberg report,

Blackstone Inc.’s European private credit fund for high net-worth individuals, ECRED, is set to reach €1.5 billion ($1.53 billion) by month’s end, a threefold surge over the past year. Most Read from BloombergThese Homes Withstood the LA Fires.

Blackstone is set to acquire Chelsea's Kimpton Hotel Eventi from DLJ Real Estate Capital Partners for roughly $175 million.

Blackstone (NYSE:BX) has promoted the longtime head of its marquee buyout fund, Joe Baratta, to run the firm’s private-equity strategies globally, Bloomberg reported Monday, citing a memo to staff. According to the report,

The glitzy Davos shindig hosted by Qatar’s $510 billion wealth fund attracted a who’s who of Wall Street. Most Read from BloombergHow Sanctuary Cities Are Preparing for Another Showdown With TrumpTexas HOA Charged With Discrimination for Banning Section 8 RentersDonations to LA Fire Victims Rise Past $200 Million MarkLA Schools Wrecked by Fires Plead on GoFundMe for Help to ReopenNY’s Hochul Calls for Law Banning Cell Phone Use in SchoolsFinancial heavyweights from Blackstone Inc.

Private credit lenders are flocking to finance large, fast-growing technology companies gearing up to go public, taking advantage of a lackluster market for initial public offerings and helping them get access to liquidity in the meantime.

Software maker Databricks Inc. has clinched more than $5 billion of financing from lenders including Blackstone Inc., Apollo Global Management Inc. and Blue Owl Capital Inc. in its largest debt raise to date,

Booming credit markets are throwing private equity (PE) firms a lifeline as they strive to return cash to investors: Instead of relying on the initial public offering (IPO) market, they can pile portfolio companies with more debt and give themselves a payout.

A few months into his role as chief executive officer of Deutsche Bank AG’s asset management unit, Stefan Hoops presented shareholders his vision for growth with a “private debt muscle” as one key part of the strategy.

Morgan Stanley and JPMorgan Chase & Co. scored another coup against private credit arrivistes this week when their leveraged finance teams snared a $1.2 billion deal from one of direct lending’s biggest borrowers,