Investment giant Blackstone Inc. (BX) has held early talks with institutional investors to explore interest in a second mega private debt package totaling at least $36 billion to finance AI startup Anthropic PBC’s procurement of Alphabet Inc.’s (GOOG, GOOGL) Google processing chips.If completed at…
By Staff WriterUS alternative asset manager Blackstone is setting up an office in Kuwait through the Kuwait Direct Investment Promotion Authority (KDIPA) as part of a wider GCC expansion drive.The $1.3 trillion asset manager said it expects the Kuwait office to open in Q3 2026, with plans to furthe…
Blackstone-led group (with Brookfield, KKR) buys 49% of Kuwaiti JV holding 320 km of KOC pipelines for $16B. JV leases pipelines back to KOC for 20.5 years; KOC pays volume-based t
Kuwait Petroleum Corporation ("KPC"), the state-owned corporation overseeing Kuwait's oil and gas sector, today announced that its wholly owned subsidiary, Kuwait Oil Company (“KOC”), responsible for the exploration, production and transportation of crude oil on behalf of the State of Kuwait, has s…
Q2 2026 saw distributable earnings rise 26% YoY to $2B, with AUM reaching a record $1.35T, driven by strong AI-related investments and robust inflows across all channels. Fee-related earnings and net realizations posted double-digit growth, and the firm expects continued momentum in fundraising, ma…
Distributable earnings surged 26% year-over-year to $2B, driven by AI-related investments and robust inflows, lifting AUM to a record $1.35T. Fee revenues and realizations grew strongly across all segments, with significant new ventures and IPO activity supporting future growth.Based on Blackstone…
Q2 2026 saw robust earnings growth, record inflows, and double-digit AUM increases across all segments, driven by AI and infrastructure investments. Distributable earnings and dividends rose sharply, with $1.7 billion returned to shareholders.Original document: Blackstone Inc. [BX] SEC 8-K Current…
Alternative investment manager Blackstone NYSE:BX will be reporting earnings this Thursday before market hours. Here’s what you need to know.Blackstone beat analysts’ revenue expectations last quarter, reporting revenues of $3.46 billion, up 24.2% year on year. It was a satisfactory quarter for the…
Blackstone (BX, Financials), a global alternative asset manager, has agreed to acquire a majority stake in South Korea's Futronic.The transaction values the robotics supplier at about 1 trillion won, or roughly $676 million. Futronic develops actuator and motion-control technology used in robotics…
Wall Street banks are increasingly turning to the U.S. leveraged-loan market to finance the artificial intelligence infrastructure boom as a shortage of buyout-related transactions leaves credit investors searching for new deals. QTS Realty Trust, a data center operator owned by alternative asset m…
Apollo Global Management NYSE:APO, an alternative asset manager that has expanded into insurance-backed corporate lending, is moving further into territory traditionally dominated by major Wall Street banks. The firm recently arranged a record $35 billion private-credit financing for Broadcom NASDA…
Williams Cos. NYSE:WMB, one of the largest natural gas pipeline operators in the U.S., has secured a $5.34 billion investment for five power plants it is developing as data centers drive stronger electricity demand. A group led by Blackstone Credit & Insurance, the credit and insurance investment a…
Klarna NYSE:KLAR, a Stockholm-based specialist lender focused on buy now, pay later financing, is working on a significant risk transfer transaction tied to around 5 billion Swedish kronor ($516 million) of loans originated by its Swedish unit. The deal may be completed later this quarter and would…
Blackstone NYSE:BX took another hit in Northern Virginia's data center fight after its QTS Realty Trust unit reportedly abandoned plans for an 800-acre-plus campus in Prince William County.For some perspective, Blackstone is one of the world's largest alternative asset managers, investing across pr…
By Matt WirzThe giant sucking sound in private-credit funds got louder in the second quarter as investors tried to pull more money out and got less back.Investors asked to withdraw $15.6 billion from widely held private-credit funds in the second quarter, up from the roughly $13.9 billion they trie…
Blackstone's NYSE:BX QTS said on Thursday it had terminated its planned Digital Gateway data center project in Virginia and withdrawn the associated filings after years of planning and regulatory review.The data center operator has faced years of local opposition and litigation over the project, de…
-- Source link: https://tinyurl.com/4tstfdpv-- Note: Reuters has not verified this story and does not vouch for its accuracy
By Evie LiuJersey Mike's is testing whether investors have an appetite for restaurant IPOs as many peers continue to struggle amid a challenging consumer environment.The sandwich chain publicly filed for an initial public offering on Thursday, with plans to list on the New York Stock Exchange under…
By Heather HaddonJersey Mike's profits shot up last year, though the sandwich chain said that sales growth has been mixed in recent months as it gears up for a potential public offering this year.The New Jersey-based sub sandwich maker said Thursday in its initial registration filing that net incom…
Sandwich chain Jersey Mike's has filed for a U.S. initial public offering, pushing ahead with its plans to go public at a time of renewed enthusiasm for new listings.The IPO market has rebounded after a brief bout of volatility due to the U.S.-Iran war, and many issuers who were on the sidelines ar…
