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Blackstone, Phoenix Financial Unveil New Partnership

Phoenix Financial (TASE: PHOE), an Israel-based asset management and insurance company, and Blackstone (NYSE: BX), the world’s alternative asset manager, announced a strategic partnership. Under the agreement, Phoenix and Blackstone will collaborate across a range of credit strategies, including corporate, real estate and asset-based credit…. Read More

Blackstone Credit and Insurance Unveils $1B Forward Flow Origination Partnership with Harvest Commercial Capital

Blackstone Credit & Insurance (BXCI) announced a forward flow origination partnership with Harvest Commercial Capital, LLC, a leader in small business lending, to acquire business loans secured by first lien mortgages on owner-occupied commercial real estate. Under the terms of the partnership, BXCI purchased an… Read More

Blackstone Introduces Defined Contribution Business Division

Blackstone (NYSE: BX) has recently announced the launch of a dedicated business unit that will be focused on broadening access to private markets for retirement savers through defined contribution plans. The business division sits within Blackstone’s Private Wealth business. Heather von Zuben was named Global… Read More

Blackstone to Support European Real Estate Sector with £2B in Financing to Smaller Property Developers

In a move intended to enhance Europe’s real estate sector, global investment firm Blackstone (NYSE:BX) unveiled plans to channel £2 billion ($2.7 billion) in financing to smaller-scale property developers and investors. This commitment, announced this past week, underscores somewhat of a strategic pivot toward nurturing… Read More

Blackstone to Support Firm’s Growth in Japan’s Markets with Key Appointment

Blackstone (NYSE:BX) announces a key senior leadership appointment in Japan, as the firm continues to expand its footprint in the market and strengthen its commitment to Japan. Muneya Taniguchi will join as Vice Chairman of Japan and Executive Advisor to lead the firm’s expansion, focusing… Read More

Blackstone Finalizes Initial Series of Evergreen Institutional US Direct Lending Fund with $22B of Investable Capital

Blackstone has announced announced the final close of the first series of its evergreen institutional U.S. direct lending fund, Blackstone Senior Direct Lending Fund (BXD). Blackstone has closed on around $22 billion of investable capital for the inaugural series of BXD and related vehicles, “including… Read More

Fintech: Blackstone Acquires Japan’s Sony Payment Services

Global investment firm Blackstone has announced a significant move in Japan’s financial technology (fintech) sector, with its private equity funds entering into a definitive agreement to acquire a majority stake in Sony Payment Services Inc. for an undisclosed amount. Blackstone will acquire Sony Payment from… Read More

Proptech: Backed by Blackstone, Redpin Launches Payments for Global Residential Property Market

Following an investment from Blackstone, Redpin has announced the launch of a payments service for the global property market. Redpin is the owner of global digital international payment services to private clients and SMEs Currencies Direct and TorFX. Redpin says it aims to provide embedded… Read More

Portfolio Monitoring Solutions Provider 73 Strings Announces Series A Led by Blackstone, Fidelity International Strategic Ventures

73 Strings, the pioneering provider of valuation and portfolio monitoring solutions for the private capital industry, has completed its Series A funding round. The investment round was “led by Blackstone Innovations Investments, Blackstone’s early-stage strategic investment arm, and Fidelity International Strategic Ventures (“FISV”), with participation… Read More

CBDCs: Blackstone CEO Thinks Digital Dollar Could be a Good Thing for the Economy

In his annual letter to shareholders, Blackstone CEO Larry Fink commented on a broad range of issues including the “end of globalization” and the power of capital markets. The end of globalization is largely due to the unprovoked invasion by Russia and war in Ukraine… Read More

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