The announcement follows the introduction of a public and private ETF from State Street and Apollo last month.
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Blackstone’s BXMT mortgage trust, on the other hand, is buckling under the weight of a pile of office loans gone bad.
The alternative investment giant may be on the verge of its first New York office building transaction in nearly three years.
Nearly 80% of advisors plan to allocate more assets into private markets this year — but it’s not always as easy as it sounds.
It’s understandable if you failed to notice one meaty if unglamorous trend on Wall Street: Private equity’s love affair with franchising.
Amid a strong earnings call, Blackstone announced that it is planning to take some of its portfolio companies public.
Blackstone partnered with fellow buyout expert Vista Equity Partners to take workplace software company Smartsheet private for $8.4 billion.