Chibuike Oguh
Stories by Chibuike Oguh
PE giant Blackstone blocked investor withdrawals from $71b REIT in Feb
BREIT said it fulfilled redemption requests of $1.4b in Feb.
Blackstone looking to raise as much as $10b for tactical opportunities fund
It has amassed about $5b for the Tactical Opportunities Fund IV, against an initial target of only $4b.
KKR-backed tech firm BMC Software confidentially files for US IPO
In 2018, private equity giant KKR & Co had acquired BMC for $8.5 billion, including debt.
Warburg Pincus amasses $15.4b for latest flagship private equity fund
The fund is the largest in the firm's history.
Blackstone’s Q4 earnings fall 41% as assets sales slump
Blackstone said it cashed out fewer investments across key portfolios in Q4.
KKR blocks investors from cashing out of REIT amid redemption wave
KKR is the latest manager of private REITS to limit investor withdrawals after Blackstone and Starwood Capital.
Ares raises $5b for infrastructure debt investing in North America, Europe, Asia
This is Ares's first infra debt fund following its acquisition of the infra debt business of AMP Capital in Feb.
General Atlantic raises $3.5b for climate change fund
BeyondNetZero aims to invest up to $200m in individual companies that can help cut emissions.
Blackstone’s credit fund hits withdrawal limit, but investors allowed to cash out
This is the first time the fund's redemption requests had reached the pre-set limit.
PE giant Blackstone hits redemption limit on $69b real estate vehicle
The redemption curbs, which came because of pre-set limits, fuelled investor concerns over the future of the REIT.