Chibuike Oguh
Stories by Chibuike Oguh
KKR’s Q1 earnings surge 20% on strong management fees, annuities business
KKR's PE portfolio appreciated 5%, opportunistic real estate funds gained 1%, and leveraged credit funds added 3%.
PE major Blackstone reports 1% rise in first-quarter earnings
Blackstone's net profit from asset sales fell 25% to $293.3 million as it cashed out fewer assets across its PE and credit portfolios.
PE giant KKR beats estimates with smaller-than-expected 7% drop in Q3 earnings
KKR said its net profit from asset sales dropped 34% to $327.2m.
PE firm Carlyle reports lower-than-expected 43% drop in Q3 earnings
Firms like Carlyle have struggled to cash out on their assets amid global volatility.
PE giant Blackstone’s Q3 profit drops 12% on weak real estate asset sales
Blackstone said its net profit from asset sales fell 36% to $259.4m.
“Hot growth tech name” Nvidia’s $25b share buyback puzzles some shareholders
"(Nvidia's) management believes that their stock is undervalued."
Blackstone’s quarterly earnings slump 39% due to sharp drop in asset sales
Its net profit from asset sales plunged 82% to $388m from $2.2b in the year-ago period.
Australian PE firm Macquarie picks up majority stake in waste management firm
The transaction values Coastal Waste & Recycling at about $900m.
PE giant KKR posts 26% drop in Q1 earnings amid fewer exits
KKR and other PE firms cashed out on fewer investments during the quarter amid an uncertain market.
Blackstone blocks redemptions from its $70b REIT again in March
The private equity firm says it faced a flurry of redemption requests.