Blackstone

Blackstone talks on US$4 billion New World deal stall over control

The property firm is one of Hong Kong’s “Big Four” property developers

Steve Schwarzman’s earnings from the firm he co-founded about four decades ago have made him one of the world’s richest people.

Blackstone’s CEO took home a near-record US$1.24 billion in 2025

The payday underscores how the biggest alternative asset managers have insulated themselves from a rough spell in private equity

The global investment giants need to work with domestic brokerages to get their products to more retail investors such as Yoda.

Blackstone leads the race to unlock US$7 trillion of cash in Japan

The firm and rivals are trying to coax them to put more of it in private equity and credit

Many Americans struggle to buy homes amid high mortgage rates, rising prices, and a shortage of affordable new construction.

Trump decries a ‘nation of renters’ but his new policy promotes one

Trump’s executive order barring big investors from buying single-family homes exempts build-to-rent

Blackstone’s move is a response to the growing use of separately managed accounts, where large hedge funds give billions of US dollars of their capital to outside traders.

Blackstone folds hedge fund seeding into US$60 billion business

SAF typically gives emerging managers locked-up startup capital in the region of US$150 million, in exchange for a cut of their revenue

Blackstone’s interest in New World is a sign of the changing mood in Hong Kong’s beleaguered property market.

Blackstone in advanced talks to be New World Development’s largest shareholder

Under the proposed deal, the US company would be able to restructure the embattled developer

Blackstone has been ramping up its presence in Asia, part of a broader push by global rivals including Bain Capital and KKR.

Blackstone eyes more hiring in Asia to tap private market demand

The alternative asset manager sees huge potential from bringing private markets to individual investors

Blackstone is merging MPS, which manufactures parts for the electrical grid, with Power Grid Components, a supplier it acquired in 2023.

Blackstone eyes US$2.6 billion of debt to finance power merger

Electricity demand is soaring globally as the data centres needed for Big Tech’s artificial intelligence objectives put pressure on power grids

The top 24 owners of single-family rentals own just over 520,000 homes combined, according to SFR Analytics.

Trump’s bid to block corporate homebuying blindsides Wall Street

Most of the major institutional landlords have sharply curtailed purchases since the middle of 2022

In addition to a series of resorts, Hamilton Island has an airport, golf course and full-service marina.

Blackstone buys island resort in Australia’s Great Barrier Reef

The deal, pending regulatory approval, would end more than two decades of ownership by Australia’s Oatley family