Get all your news in one place.

100's of premium titles.
One app.

Get all your news in one place.

100's of premium titles. One news app.

DARK SECRETS: Blackstone - The Real Truth

Jersey Mike's IPO valuation could reach eight times Sweetgreen's market cap

Jersey Mike’s is targeting a valuation that would rank among the largest recent restaurant IPOs, highlighting the premium investors are placing on fast-growing, asset-light franchise businesses.

Fortune

Blackstone invests in South Korean robotics supplier Futronic

Blackstone has invested in Futronic, a South Korean supplier of high-precision actuators serving automotive and industrial robotics sectors. The deal values the company at approximately 1 trillion won ($676.04 million). Futronic's founder Jin-ho Ko will remain in his role as chairman and chief ‌executive officer and work with Blackstone to…

The Economic Times

Blackstone’s president tells Gen Z that just being nice could land them a promotion because ‘people want you to win if you treat them in a good way’

Jon Gray, Blackstone's president and COO, says elite degrees may get you in the door, but caring more will set you apart for success.

Fortune

From analysis to the latest developments in health,
read the most diverse news in one place.

This $1.4-trillion manager owns $400 million superyacht that has glass-bottom pool, helipad and more

Stephen Schwarzman received his custom superyacht, Destiny, valued at US$400 million. This massive vessel, built by Feadship, measures over 100 metres in length. Destiny features a glass-bottom pool and a helipad, showcasing advanced design. The yacht's delivery highlights Schwarzman's significant financial success and business journey. He is known for wearing…

The Economic Times

SpaceX’s IPO Hasn’t Solved Venture’s Bigger Problem: Liquidity Beyond The Mega Winners

SpaceX’s blockbuster IPO gave venture investors a rare liquidity win in 2026, but it also exposed what one expert called "the biggest contradiction in the VC market so far this year": value creation is accelerating, yet liquidity remains concentrated among only a handful of companies.

Benzinga

Jersey Mike's $12 billion IPO filing reveals a $50 million payday for the founder’s stepson and a $41 million jet

The sandwich chain’s initial public offering is among the largest in restaurant history.

Fortune

He manages a $1.4 trillion empire and wears a $140 Swiss watch. Now Stephen Schwarzman has a $400 million superyacht with a glass-bottom pool, helipad and fold-down balconies

Stephen Schwarzman, the chairman of Blackstone, has made headlines by purchasing a lavish superyacht named Destiny. This stunning 101.2-meter craft, which set him back around $400 million, comes from the renowned builder Feadship. Among its luxurious features are a glass-bottom pool and a helipad. Notably, Schwarzman started his remarkable career…

The Times of India

Read news from The Economist, FT, and more,
with one subscription

Blackstone, TPG seek over $4 billion for Hologic's surgical unit

The ⁠two firms are working with advisers on a sale of the division, which makes surgical equipment used by gynecologists, FT reported.

The Economic Times

IPO Alert: What to Know as Jersey Mike's Files to Go Public

Jersey Mike’s Subs has reportedly filed to debut on the NYSE under the ticker JMKE. Here’s what the company’s S-1 filing told us.

Barchart

Who owns your hospitals? Private equity’s growing grip on Kerala’s healthcare

When Chazhikattu Hospital was set up in Thodupuzha municipality in Idukki district in 1933, health facilities were rare in the area. What began as a nursing home under Dr CK Stephen grew over the years into a reputed private hospital run by his family. The family’s establishment survived for 91…

Newslaundry

Blackstone-owned QTS abandons planned world’s largest data center campus after years of lawsuits — 2,100-acre Virginia Digital Gateway project dies over a newspaper-notice technicality

Blackstone-owned QTS has withdrawn its final appeal for Virginia’s 22-million-square-foot Digital Gateway campus, ending the massive data center project.

Tom’s Hardware

Private Equity Targets Healthcare and AI Infrastructure as Core Growth Engines

Private equity firms are increasingly directing capital into two core growth areas: healthcare and AI-driven infrastructure, as investors seek favor in long-duration assets.

Benzinga

Following the Broadcom-OpenAI Deal, Wall Street Says AVGO Stock Still Could Gain 40% From Here

With the announcement of the first custom AI chip from OpenAI, Wedbush has another reason to be bullish on Broadcom.

Barchart

US Stocks: Oppenheimer makes rare cuts to top US investment banks, backs alternative asset managers

Oppenheimer has downgraded major U.S. investment banks like Goldman Sachs and Morgan Stanley, citing limited upside despite a positive environment. The brokerage advises selling these large-cap banks and instead investing in alternative asset managers, whose shares have seen a significant sell-off. Oppenheimer believes investment banks are in the late stages…

The Economic Times

Get all your
news in one place.

100's of premium titles.
One news app.

The Economic Times

Digital Realty to pay Blackstone $3.5 billion for stake in Virginia data centers

The move strengthens the data center operator's position in Northern Virginia, the world's largest data center market, where demand for capacity has surged as cloud computing and AI drive higher infrastructure needs.

The Economic Times

Apollo, Blackstone back Anthropic's $35 billion capacity expansion in new Broadcom tie-up

Apollo and Blackstone are investing $35 billion to boost Anthropic's AI computing power. This expansion will utilize Broadcom's custom chips and networking. The initial phase adds one gigawatt of capacity, enough for many homes. This infrastructure will be deployed at Fluidstack-operated sites from mid-2026. The partnership aims to provide over…

Fortune

Stephen Schwarzman’s grandfather inspired the Blackstone billionaire’s philanthropy: It was ‘his privilege to help others in need’

Blackstone billionaire Stephen Schwarzman has given over $1 billion to charity. He credits his grandfather—and now plans a top-10 AI-focused foundation.

The Economic Times

Apollo wraps up $35 billion debt to buy AI chips for Anthropic

The package, one of the biggest private credit transactions in history, highlights the race by top-tier financiers to fund data center construction and the chips they use. Tech companies are tapping every corner of the credit markets to meet AI’s unprecedented capital demands, forcing Wall Street to engineer novel debt…

Get all your
news in one place.

100's of premium titles.
One news app.

The Economic Times

Blackstone-backed AirTrunk to invest $30 billion in India, develop 5 GW data centre capacity by 2030

AirTrunk plans a massive investment of over 3 lakh crore rupees in India by 2030. This will develop more than 5 gigawatts of digital infrastructure capacity. The investment, backed by Blackstone and CPPIB, aims to support India's growing cloud and artificial intelligence needs. This significant development is expected to create…

The Economic Times

Blackstone private credit fund caps withdrawals as redemption requests surge

After investors sought to pull out 10% of shares in the second-quarter tender offer, compared to 7.9% in the previous quarter, the $79 billion Blackstone Private Credit Fund limited withdrawals to 5%, the customary limit for these vehicles.

MarketBeat

Apogee Therapeutics Readies Zumi for Phase 3 With Blackstone Backing

Apogee Therapeutics (NASDAQ:APGE) executives said the company is preparing to move its lead drug candidate, zumilokibart, into Phase 3 testing later this year after reporting Phase 2b data in atopic dermatitis and securing a major financing agreement with Blackstone. Speaking at a Jefferies-hosted

Fortune

Despite his hectic schedule, Cisco CEO Chuck Robbins says he’s ‘the most responsive person in the company’—and looks for the same trait in new hires

Cisco CEO Chuck Robbins prides himself on his rapid-fire replies, and looks to hire talent who are just as driven as him: “I try to set that pace for people.”

Digital Camera World

Could a Chinese investment giant be the future owner of Leica?

Leica’s US$1.2 billion sale story may be bigger than we first thought,

Ideal Home

Aldi's tabletop gas grill is a gamechanger for small gardens – at only £40, it's the perfect way to dine alfresco on a budget this summer

This compact gas griddle will fit into any size garden

Barchart

Blackstone Stock: Is BX Underperforming the Financial Sector?

Despite Blackstone's underperformance relative to the financial sector over the past year, Wall Street analysts maintain a moderately optimistic outlook on the stock’s prospects.

1 2 3 4 5

People

From analysis to the latest developments in health,
read the most diverse news in one place.

Organisations

Read news from The Economist, FT, and more,
with one subscription

Topics

Artificial Intelligence

Places

Fourteen days free

Download the app

One app. One membership.
100+ trusted global sources.