Heather Perlberg
Stories by Heather Perlberg
Carlyle co-CEO’s abrupt exit ends awkward power struggle
After 2.5 years of acrimonious parrying as co-CEOs, Kewsong Lee is gaining sole control.
Carlyle, GIC back out of deal with American Express unit
The deal, announced at the end of 2019, valued the American Express Co. unit at $5 billion.
KKR raises over $2b to acquire fast-growing tech firms
KKR’s fundraising haul comes as big buyout shops are targeting startups, aiming to bolster returns.
Blackstone sets $25b limit on latest flagship buyout fund
New York-based Blackstone has attracted more interest from investors for its eighth private equity fund than it’s willing to handle.
Blackstone hires ex-Goldman MD to lead new impact investing platform
Blackstone’s impact initiative will focus on investments advancing health and well-being, financial access, sustainable communities and green techno
Blackstone seeks to prop up profits with push into Asia, technology
As the US economy enters an era of interest rates increasing for the first time in decades, Blackstone president Jon Gray said the firm will need to i
Blackstone said to seek $18b for biggest real estate fund
Blackstone started its real estate business in 1991 and has expanded it to $119 billion in assets.
Carlyle raises $18.5b mega-fund, its biggest to date
Firms are now faced with deploying more than a $1 trillion at a time when competition is increasing and prices on deals are reaching new highs, accord
TPG joins Apollo, Blackstone in hiking fees amid rising money inflow
By comparison, money managers elsewhere in finance are facing pressure on revenues as investors flock to low-cost exchange-traded and index funds trac
Pension funds question PE firms’ return inflating methods
The dispute centers on a common -- and legal -- practice: To make an investment, private equity funds are increasingly borrowing against clients’ co
