Blackstone announced the final close of the first series of its evergreen institutional U.S. direct lending fund, Blackstone Senior Direct Lending Fund (“BXD”). Blackstone has closed on approximately $22 billion of investable capital for the...
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October 30, 2024, 08:12 AM
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Bloomberg reported that Blue Owl Capital led a $3.2 billion private debt financing supporting Blackstone and Vista Equity Partners’ buyout of software firm Smartsheet Inc., with 20 other lenders participating.Read the full news story on Bloomberg...
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September 26, 2024, 07:50 AM
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KKR and Blackstone Real Estate Income Trust announced a definitive agreement for funds managed by KKR to acquire a portfolio of 19 purpose-built student housing properties from BREIT for approximately $1.64 billion.The over 10,000-bed portfolio is...
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April 25, 2024, 08:05 AM
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KeyCorp announced a forward flow origination partnership with Blackstone Credit & Insurance focused on Key's Specialty Finance Lending (SFL) group. SFL is a leading asset-based lender serving clients nationally across middle market, growth capital...
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March 19, 2024, 08:00 AM
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Blackstone Credit & Insurance (“BXCI”) and Aligned Data Centers, a leading technology infrastructure company, announced that Blackstone has provided an initial $600 million senior secured credit facility to support the development of Aligned’s newest...
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March 13, 2024, 07:55 AM
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Blackstone Real Estate Debt Strategies (“BREDS”), Blackstone Real Estate Income Trust, Inc. (“BREIT”), Canada Pension Plan Investment Board (“CPP Investments”) through its subsidiary CPPIB Credit Investments III Inc., and funds affiliated with Rialto...
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January 02, 2024, 08:01 AM
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Star Mountain Capital announced that Michael Goldstein has joined as a Director focused on portfolio management, investments, risk management, valuations and reporting. Star Mountain’s senior team, as well as its Senior Advisors / Operating Partners...
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September 21, 2023, 07:48 AM
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Blackstone announced the integration of its market-leading corporate credit, asset-based finance, and insurance groups into a single new unit, Blackstone Credit & Insurance (BXCI). Credit and Insurance is Blackstone’s fastest-growing segment – more...
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September 14, 2023, 08:00 AM
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Triad Financial Services, a subsidiary of ECN Capital Corp signed a letter of intent for $1.14 billion in financing from Blackstone’s Asset-Based Finance (“ABF”) Group. The capital will be used to originate high-grade consumer loans that will be...
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August 15, 2023, 07:45 AM
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CoreWeave, a specialized cloud provider of large-scale GPU-accelerated workloads, secured a $2.3 billion debt financing facility. The funding was led by Magnetar Capital and funds managed by Blackstone Tactical Opportunities (“Blackstone”) with...
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August 04, 2023, 07:07 AM
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Blackstone announced that it is establishing a Blackstone Real Estate office in Toronto and the appointment of Janice Lin as head of its Real Estate business in Canada. Ms. Lin’s leadership experience and deep knowledge of the Canadian market will...
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May 09, 2022, 07:45 AM
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Ares Management Corporation announced that new financing commitments made across its U.S. direct lending strategies more than doubled to $33.4 billion in 2021. Funds managed by Ares Management Corporation’s Credit Group (collectively “Ares”) closed...
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February 11, 2022, 08:05 AM
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Blackstone launched Blackstone Credit’s Sustainable Resources Platform focused on investing in and lending to renewable energy companies and those supporting the energy transition. Blackstone Credit is one of the world’s largest providers of private...
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January 24, 2022, 07:00 AM
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Great Hill Partners, a private equity firm that invests in high-growth, disruptive companies, and Blackstone jointly announced a new partnership in which funds managed by Blackstone GP Stakes will acquire a minority ownership interest in Great Hill...
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November 18, 2021, 07:00 AM
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Blackstone announced the formation of its Structured Finance Group, which brings together Blackstone Real Estate Debt Strategies (“BREDS”) and the firm’s various asset backed finance activities. Jonathan Pollack, currently the Global Head of BREDS...
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November 04, 2021, 08:00 AM
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Angelo Gordon announced that Scott Soussa, Senior Managing Director at Blackstone and formerly co-Head of BAAM’s Strategic Capital Group, will be joining the firm as Chief Strategy Officer in April 2022. In this new role, Soussa will report to Josh...
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September 30, 2021, 07:45 AM
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Harmony Biosciences Holdings, a pharmaceutical company dedicated to developing and commercializing innovative therapies for patients with rare neurological diseases, and Blackstone entered into a strategic financing collaboration where funds managed...
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August 12, 2021, 07:06 AM
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Blackstone announced that Christine Feng, a former senior executive at Amazon focused on mergers and acquisitions, has joined the firm as Senior Managing Director. Ms. Feng will be based in San Francisco and focus on technology investing for...
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August 04, 2020, 09:06 AM
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Capital One announced that it closed a $36 million loan to finance the acquisition of a lab-capable office campus in San Diego by BioMed Realty, a Blackstone portfolio company. Funding includes a holdback for the redevelopment of office space as...
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October 24, 2019, 08:39 AM
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ASGARD Partners & Co., an investment firm based in New York, announced the hire of Tina Pham as its Director of Business Development for its Private Equity Group. With the addition of Pham to the investment team, the firm significantly expands its...
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March 27, 2018, 07:19 AM
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NewStar Financial, a specialized commercial finance company, GSO Capital Partners, the credit division of Blackstone, and Franklin Square Capital Partners, the largest manager of business development companies, announced today that they have formed a...
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November 06, 2014, 07:44 AM
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Cosentry Holdings has completed a refinancing of the company’s existing credit facilities that provides the company with up to $100 million of capital to enable its continued expansion and future growth initiatives.
Entities sub-advised by an...
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August 02, 2013, 07:46 AM
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Cinedigm Digital Cinema has closed two credit facilities totaling $195 million, improving the terms of its previous financing arrangements. The financings include a $125 million senior non-recourse credit facility led by Societe Generale Corporate &...
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March 04, 2013, 07:04 AM
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Beechcraft, formerly Hawker Beechcraft, announced it has formally emerged from the Chapter 11 process as a new company well-positioned to compete vigorously in the worldwide business aviation, special mission, trainer and light attack markets.
The...
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February 19, 2013, 07:28 AM
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