By Megan DaviesNEW YORK (Reuters) - Private equity firm Blackstone Group LP BX posted a forecast-beating quarterly profit on Friday and said it is gearing up for more deals and IPOs as the lending and equity markets recover.The company, which has immense real estate and private equity assets, has stepped...
Question-and-Answer SessionOperator Operator Instructions Your first question comes from Roger Freeman – Barclays Capital Roger Freeman – Barclays Capital On hybrid private equity you had what $1 million incentive fees there and you had $160 million in realizations? I’m curious I guess I would have thought maybe you’d see...
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BloggingStocks: Today was another trading day bare of major economic data. Shares were all over the place today with the indexes not giving any clear direction at any point of the day. It was not until right before the close that you had a real feel for whether we ... Read more
When the credit markets froze solid last year, it was no surprise to see the number of announced mergers and acquisitions (M&A) fall, as stocks hit the skids and the U.S. economy tanked.[More...]
When the credit markets froze solid last year, equities hit the skids, the economy tanked and so did the number of announced mergers and acquisitions (M&A).
by Louis Basenese, Advisory Panelist
When the credit markets froze solid last year, equities hit the skids, the economy tanked and so did the number of announced mergers and acquisitions (M&A).
But now the stock market’s on the mend. In my book, a 49% rally off the bottom for the S&P 500 qualifies as healing.
The economy’s showing [...]
Guest: Russ Kinnel, Morningstar's director of mutual fund research talks with Andrew about fees, performance and the future of the fund business. Find out about the hidden trap with international funds and we find out if ETFs are going to replace the popular open-end funds.
Russ Kinnell is Morningstar's director of mutual fund research. He is also the editor of Morningstar FundInvestor, a monthly newsletter dedicated to helping investors pick great mutual funds, build winning portfolios, and monitor their funds for greater gains.
Guest: Brian Shannon - of AlphaTrands and a great review of Technical Analysis. Brian delivers educational videos daily on technical analysis and helps thousands of viewers understanding charting techniques.
The Blackstone Group L.P. $4 billion proposed IPO; proposed symbol (BX)
The Blackstone Groupis a leading global alternative asset manager and provider of financial advisory services. One of the largest independent alternative asset managers in the world, with assets under management of approximately $78.7 billion as of March 1, 2007. The alternative asset management businesses includes management of corporate private equity funds, real estate opportunity funds, funds of hedge funds, mezzanine funds, senior debt vehicles, proprietary hedge funds and closed-end mutual funds. Also provides various financial advisory services, including mergers and acquisitions advisory, restructuring and reorganization advisory and fund placement services.
This cast also mentions Fortress Investment Group (FIG)
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