Tag
Blackstone
9 articles

Blackstone's Private Equity Chief Baratta Exits After 28 Years
Joseph Baratta, head of private equity strategies and a key dealmaker at Blackstone, is in talks to leave by year-end, marking another senior departure from the firm
Blackstone, Alphabet Secure $22B to Build TPU Cloud Rival to Nvidia
Crux AI, a joint venture between the two companies, lands debt financing from 10 banks to scale compute capacity for AI labs without relying on Nvidia's dominant GPU ecosystem

Blackstone's Gray: Private Credit Structural Advantages Override Redemption Pressure
Blackstone President Jon Gray argues private credit's return premium over liquid markets will sustain inflows despite a backlog of redemption requests at the firm's flagship fund.

Blackstone Backs Huskeys' $27M Series A to Tackle AI Traffic Deluge
Tel Aviv startup's platform sits atop existing firewalls to distinguish benign AI agents from threats, reaching $100M valuation in six months

Blackstone Cuts Knowledge Realty Trust Stake in $1.25 Billion Sale
The private equity firm sells 25 percentage points of India's largest office REIT at a 4.7% discount to last week's close, its biggest such transaction of 2026.
PE's Exit Crisis: 33,575 Unsold Companies Lock Up Limited Partner Cash
Private equity's portfolio backlog doubled to 33,575 companies in a decade, blocking distributions to pension funds and endowments while delaying carried-interest payouts to Apollo, Blackstone, KKR and Carlyle

Air Canada Launches $800M Share Buyback Funded by Aeroplan Sale
The modified Dutch auction runs Aug. 20 to Sept. 24, offering $29–$33 per share for up to 9.8 percent of shares outstanding, financed by Blackstone and La Caisse proceeds received in full today.

Private Credit Default Rates Hit Five-Year Highs at Ares, Blue Owl, Blackstone, Golub
Nonperforming loan ratios at all four funds exceeded 2023 stress levels, with software exposure — 20 percent or more of most portfolios — the sector's next fault line.
Blackstone Nears Deal for 25 Percent Stake in Air Canada's Aeroplan at C$2.5 Billion Valuation
Blackstone and Canadian pension funds are reportedly close to acquiring a combined 25 percent stake in Aeroplan, giving Air Canada capital to fund fleet upgrades and cabin renovations.