Blackstone appoints Philip Sherrill as Global Head of Insurance
NEW YORK – May 7, 2024 – Blackstone (NYSE:BX) today announced the appointment of Philip Sherrill as Global Head of Insurance.
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Blackstone Completes Acquisition of Civica
Blackstone (NYSE:BX), the world’s largest alternative asset manager, announced today that private equity funds managed by affiliates of Blackstone (“Blackstone”) have completed its acquisition of Civica, a global leader in public sector software solutions, from Partners Group, a leading global private markets firm, acting on behalf of its clients.
Blackstone Real Estate Completes Privatization of Tricon
Blackstone Remains Committed to Tricon’s Development Platform, including $1 Billion Pipeline of New Single-Family Homes in the U.S. and $2.5 Billion Pipeline of New Apartments in Canada; Plans to Improve Quality of Existing U.S. Single-Family Homes through an Additional $1 Billion of Capital Projects All financial and share price-related information is presented in U.S. dollars […]
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Blackstone Credit & Insurance appoints Dan Leiter as Head of International
Blackstone announced the appointment of Dan Leiter as Head of International for Blackstone Credit & Insurance.
Blackstone to Acquire Tropical Smoothie Cafe to Propel Leading Franchisor’s Continued Expansion
Blackstone announced today that private equity funds managed by Blackstone (“Blackstone”) have entered into a definitive agreement to acquire Tropical Smoothie Cafe, a leading franchisor of fast casual restaurants, from Levine Leichtman Capital Partners. This would be the first transaction from Blackstone’s most recent vintage of its flagship private equity vehicle, and is intended to help accelerate Tropical Smoothie Cafe’s already-rapid expansion through continued investment in menu innovation, operating excellence, and best-in-class marketing.
Blackstone Reports First-Quarter 2024 Earnings
Blackstone will host its first quarter 2024 investor conference call via public webcast on April 18, 2024 at 9:00 a.m. ET.
Blackstone Credit & Insurance to Provide Financing For Bernhard Capital Partners’ Acquisition of CenterPoint Energy’s Louisiana and Mississippi Natural Gas Distribution Operations
Blackstone Credit & Insurance, Jefferies, Scotiabank, and Bernhard Capital Partners, today jointly announced that Blackstone has provided debt financing commitments for Delta Utilities, a portfolio company of Bernhard Capital Partners, to acquire CenterPoint Energy, Inc.’s regulated natural gas distribution operations in both Louisiana and Mississippi.
Blackstone Real Estate to Take AIR Communities Private for Approximately $10 Billion
Plans to Invest More Than $400 Million to Maintain and Improve Existing Portfolio, Illustrating Commitment to Delivering a Leading Resident Experience NEW YORK & DENVER – April 8, 2024 – Blackstone (NYSE: BX) and Apartment Income REIT Corp. (NYSE: AIRC) (“AIR Communities” or the “Company”) today announced that they have entered into a definitive agreement […]
Blackstone Core+ Funds Sell Premium Office Tower in the Largest Commercial Real Estate Transaction in Seoul’s Major Business District Since 2022
Blackstone announced the closing of the sale of Arc Place, a high-quality Grade A office building in the Gangnam Business District in Seoul, South Korea, to KORAMCO. This marks the largest commercial real estate transaction in Seoul’s major business district since 2022.