Blackstone Group LP (BX) is in the Financial Services Industry

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• Paragon Shares Jump on Takeover Approaches

  By Myles Neligan and Mathieu Robbins LONDON (Reuters UK) - Buy-to-let mortgage lender Paragon PARA said on Tuesday it was in talks with potential buyers after receiving an unspecified number of takeover approaches, sending its shares up nearly 20 percent. U.S.-based buyout giant the Blackstone Group...

  News items 2008-07-22

  Tags: U.K., Mortgage Company, Paragon, Mortgages, Financial Services, Finance, Blackstone Group LP

• HSBC's HK Shares Jump on China Investment Talk and Citi

  By Parvathy Ullatil HONG KONG (Reuters UK) - Shares in HSBC Holdings jumped over 4 percent in Hong Kong on Monday after a UK newspaper reported that Europe's largest lender had discussed a potential investment by China's sovereign wealth fund. Shares in HSBC HSBA began...

  News items 2008-07-21

  Tags: China, Analyst, Citigroup Inc., HSBC, CIC, Investment, Blackstone Group LP, Hong Kong, J.P. Morgan Chase & Co., Morgan Stanley, Wells Fargo & Co.

• Blackstone to Buy Billion-euro Wind-park: Sources

  FRANKFURT (Reuters) - Private equity firm Blackstone BX plans to invest more than 1 billion euros ($1.57 billion) in a project to build wind farms in the North Sea to generate electricity, people familiar with the matter said. Blackstone plans to take a...

  News items 2008-07-09

  Tags: Investment, Financial Planning, Financial services, Blackstone Group LP, Fortress Investment Group LLC, Goldman Sachs Group Inc., IPO, private equity, American International Group Inc., valuation, private equity company, private equity fund, China, entrepreneurship, Ne

• Wealth Funds Meet in Singapore to Allay Western Fears

  By Kevin Lim SINGAPORE (Reuters) - Sovereign wealth funds that control an estimated $3 trillion in assets will meet in Singapore this week to discuss a code of ethics aimed at allaying Western fears that their investments are politically motivated. The International Monetary...

  News items 2008-07-07

  Tags: Asset management, Financial services, Singapore, Moody's Corp., code of ethics, IMF, infusion, asset, investment, government, bank, pension fund, subprime mortgage, Thomson Reuters Corp., U.S., private equity, analyst, hedge fund, performance

• FAS 157: Blackstone and Its Banker Buddies Have It Wrong

  Roger Ehrenberg submits: There have been some rumblings over the past several months about accounting rules being a key contributor to the banking sector meltdown, and I've let it slide. But now that  Steve Schwartzman and Tony James of Blackstone BX have publicly stated their views that FAS 157...

  External links 2008-07-03

  Tags: Financial, Blackstone Group LP, Citigroup Inc., Goldman Sachs & Co., Lehman Brothers Holdings Inc., Merrill Lynch & Co. Inc., Washington Mutual Inc.

• Weather Channel Sale Could Come in 2 Days: Sources

  NEW YORK (Reuters) - Landmark Communications could announce the sale of Weather Channel to a group made up of NBC Universal GE, Blackstone Group LP BX and Bain Capital in the next day or two, sources briefed on the matter said. The final...

  News items 2008-07-02

  Tags: Blackstone Group LP, BainCapital LLC, NBC Universal Inc., cable network, New York, Thomson Reuters Corp., cable, network

• 2008 Second Quarter in Review

  Mark Hines submits: Well. That wasn't pleasant. The market (as measured by the S&P500) extended its losses for the year, down about 3% for Q208. We are now at 1280 in the S&P500, roughly the same level as January 2006. A 10,000 foot view of the market isn't encouraging......with the...

  External links 2008-07-02

  Tags: US Market, Alpha Natural Resources Inc., Blackstone Group LP, Fortress Investment Group LLC, Petrohawk Energy Corp., Massey Energy Co., Procter & Gamble Co., Raytheon Co.

• Blackstone Group CEO: It's the Accountant's Fault!

  Barry Ritholtz submits: Welcome to the second half of 2008. We begin the second half pretty much the same way we finished the first half:  Equities under pressure in Asia, Europe, and judging by the futures in the US, domestically as well. by Barry Ritholtz

  External links 2008-07-01

  Tags: Financial, Blackstone Group LP

• A Look at Private Equity in Public Hands

  Michael Steinberg submits: Apollo AINV, BlackRock BLK, Blackstone BX, and Fortress FIG are commonly thought of as the retail investor’s entry into the big league of private equity and alternative investments. Sorting through these Moon missions, rocks, stones and castles can be quite confusing. None of their publicly traded stocks...

  External links 2008-06-05

  Tags: Financial, BlackRock Inc., Blackstone Group LP, Fortress Investment Group LLC

• The Blackstone Group Q2 2007 Earnings Call Transcript

  The Blackstone Group Q2 2007 Earnings Call Transcript

  Earnings calls 2007-08-13

  Tags: Blackstone Group LP, Call Transcript, Earnings, Seeking Alpha, Financial Accounting, Finance

Additional Resources

• Blackstone Group Announces Partnership to Build and Manage 400MW Offshore Wind Farm in Germany

  LONDON -- The Blackstone Group (NYSE: BX) today announced it has formed a partnership with Windland Energieerzeugungs GmbH, founded in 1990 by Joachim Falkenhagen, to complete the development and construction of Meerwind, one of the North Sea's largest wind farm projects. The project, which will be located 80 kilometres off...

  Articles 2008-07-15

• Richard Jenrette Joins Blackstone's Board of Directors

  NEW YORK -- The Blackstone Group (NYSE: BX) today announced that Richard H. Jenrette has joined the firm's Board of Directors. Mr. Jenrette, who founded Donaldson Lufkin & Jenrette Inc. DLJ in 1959 with William Donaldson (later Chairman of the U.S. Securities and Exchange Commission) and Dan Lufkin,...

  Articles 2008-07-14

• Biomet Announces Fourth Quarter and Fiscal 2008 Financial Results

  WARSAW, Ind. -- Biomet, Inc. announced today fourth quarter and fiscal 2008 financial results for the year ended May 31, 2008. As previously announced, Biomet Inc. finalized the merger with LVB Acquisition Merger Sub, Inc., a wholly-owned subsidiary of LVB Acquisition, Inc. on September 25, 2007. LVB Acquisition,...

  Articles 2008-07-10

• U.S. Private Equity Firms Raise $132.7 Billion in 1st Half of 2008, 3% Behind Last Year's Record Pace

  Dow Jones Private Equity Analyst Reports First Decline in U.S. Fund-Raising Since 2003 as Mega Funds See Delays & LPs Look Overseas; European Fund-Raising Up 16% NEW YORK, July 8 /PRNewswire/ -- Despite woes in the buyout market, private equity fund-raising continues to hold its ground. In...

  Articles 2008-07-08

• Sale of The Colonnade in Addison, Texas, Closed

  DALLAS -- The Dallas office of HFF (Holliday Fenoglio Fowler, L.P.) announced today that it closed the sale of The Colonnade, a Class AA, three-building office complex in Addison, Texas, on behalf of Equity Office a subsidiary of The Blackstone Group and JP Morgan Investment Management, Inc. The...

  Articles 2008-07-08

• NBC Universal, private equity firms buy Weather Channel

  WASHINGTON AFP — NBC Universal television has said it has acquired The Weather Channel, without indicating the price. The Wall Street Journal, on announcing the imminent purchase, recently valued the transaction at around 3.5 billion dollars. Twenty-percent owned by France's Vivendi, NBC Universal joined private equity...

  Articles 2008-07-06

• NBC Universal, Bain Capital and The Blackstone Group Sign Agreement to Acquire The Weather Channel Properties from Landmark Communications

  NEW YORK, July 6 /PRNewswire/ -- NBC Universal, Bain Capital and The Blackstone Group today announced the signing of a definitive agreement to acquire The Weather Channel properties from Landmark Communications. The Weather Channel will be operated as a separate entity, based in Atlanta, with management services to be...

  Articles 2008-07-06

• Hicks Acquisition Company I, Inc. and Blackstone-Led Group Sign Definitive Agreement for Graham Packaging Transaction

  DALLAS -- Hicks Acquisition Company I, Inc. (AMEX: TOH) ("Hicks Acquisition"), a Dallas-based special purpose acquisition company ("SPAC") founded and headed by Thomas O. Hicks, announced today that it has signed a definitive agreement pursuant to which Graham Packaging Holdings Company ("Graham Packaging" or the "Company") will go public through...

  Articles 2008-07-02

• Fitch: Graham Packaging Company, L.P.'s Ratings Unaffected by Acquisition & IPO

  NEW YORK -- Fitch Ratings currently anticipates no ratings action as a result of the announcement on July 1, 2008 that Graham Packaging Company, L.P. Graham is going public through a business combination with Hicks Acquisition Company, Inc. in partnership with Graham's current equity owners The Blackstone Group and the...

  Articles 2008-07-01

• Hicks Acquisition Company I, Inc. to Combine with Graham Packaging in Partnership with Blackstone-Led Group in $3.2 Billion Transaction

  * Graham Packaging to Go Public Through Transaction with Special Purpose Acquisition Company * Graham a Global Market Leader in Value-Added Custom Plastic Containers, Widely Regarded as the Technology and Innovation Leader in its Industry * Blackstone Group to Maintain Largest Ownership Stake for Two Years...

  Articles 2008-06-30