January 2009
Blackstone in India: a lesson for Western private equity firms
What makes Blackstone’s India situation difficult is the speed at which it spent money in a once-red hot economy. The firm is sitting on eight portfolio companies with few exits in sight. - Blackstone Group (BX.N) has invested more than $730 mill...
November 2008
What is Blackstone CEO Stephen Schwarzman seven-step plan?
Blackstone Group LP, global alternative asset manager and provider of financial advisory services boss and Chief Executive Stephen Schwarzman called for greater common oversight of the world’s financial system to help extricate it from “the...
October 2008
Welcome to China- Blackstone Group acquisition, National BlueStar Group Corp
Blackstone Group completed its first Chinese acquisition, paying $600 million for a stake in specialty chemicals maker China National BlueStar. Buyout firm Blackstone agreed in September 2007 to buy a 20% stake from state- owned China National Chemic...
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