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An inside look at the investment strategies guiding Blackstone's real estate portfolio — and why it's still betting big on logistics while the competition crowds the asset class
Blackstone, the world's largest corporate landlord, has $46 billion of dry powder allocated for real estate,...Blackstone, the world's largest corporate landlord, has $46 billion of dry powder allocated for real estate, as the pandemic commercial real estate shakeout begins. Global co-head of real estate Ken Caplan spoke with Business Insider about how the firm is thinking of investing its money in the post-lockdown landscape. Logistics, already the biggest part of Blackstone's portfolio, remains a major opportunity, even as others...
KKR is looking to make a big push into life insurance with a $4.4 billion acquisition. Here's why private-equity giants keep elbowing in on the $30 trillion insurance industry.
Private-equity firms are starting to look a bit more like insurance investor Berkshire Hathaway. KKR this...Private-equity firms are starting to look a bit more like insurance investor Berkshire Hathaway. KKR this week announced plans to acquire Global Atlantic Financial Group, paying $4.4 billion in a deal that, subject to regulatory approval, would place the insurance giant on KKR's own balance sheet. It marks the next phase of PE's move into the $30 trillion global insurance industry, as PE shops...
Blackstone CEO Steve Schwarzman says some big investors are 'cool' with Zoom calls replacing in-person meetings, and that the PE giant nabbed $500 million remotely earlier this week
While the coronavirus pandemic has made it hard for first-time funds to raise money from investors,...While the coronavirus pandemic has made it hard for first-time funds to raise money from investors, The Blackstone Group has been wooing institutions remotely. CEO Stephen Schwarzman said on an earnings call this week that investors are holding Zoom due diligence calls and forging on with capital commitments. "I just got an email, I guess, it was two days ago that we just got...