WIREDVC: Blackstone add $13.5bn fund as Q2 results released

Thursday 29th of July 2010 02:30:36 PM
Posted by admin / Under Blackstone Group

Blackstone Group are currently agreeing final commitments to their sixth mega-fund, Blackstone Capital Partners VI, which will close out at $13.5bn, somew...

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The reuben sandwich | Cooking Recipe

Thursday 29th of July 2010 02:30:36 PM
Posted by admin / Under Blackstone Group

Origins: According to Wikipedia, the reuben sandwich originated in the 1920s during poker games held at the Blackstone Hotel in Chicago, IL. One of the members of the “committee”, a name the poker group gave itself, was Reuben Kulakofsky.

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WIREDVC: Blackstone calls on Japanese mobile network

Thursday 29th of July 2010 02:30:36 PM
Posted by admin / Under Blackstone Group

The Blackstone Group have invested ¥16bn ($170m) in eMobile Ltd, a leading Japanese mobile data service provider with over 2.4 million subscribers....

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WIREDVC:Blackstone dig for India coal generator Monnet Power

Thursday 29th of July 2010 02:30:36 PM
Posted by admin / Under Blackstone Group

Blackstone Group have just announced their intention to acquire 12.5% of Indian power generator Monnet Power Company for INR 2.75bn ($59m). The company ...

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Goldman Sachs to advise on BP restructuring plan

Thursday 29th of July 2010 02:30:36 PM
Posted by admin / Under Blackstone Group

Goldman Sachs and Blackstone Group will advise BP plc on how to restructure the company, CNBC reported last night. The restructuring would avoid a possible bankruptcy filing by BP in light of the oil spill cleanup cost in the Gulf of Mexico.

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BP hires Goldman Sachs as an adviser, to avoid a takeover?

Thursday 29th of July 2010 02:30:36 PM
Posted by admin / Under Blackstone Group

Today, Reuters reports that the petroleum corporation has hired investment banks Blackstone Group, Credit Suisse Group, and Goldman Sachs as advisers, although the matter the banks are advising on is unknown. The Independent on Sunday speculated that BP hired Goldman “to fend off any potential takeover attempts”

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