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SHOCKING: 9 | Mind Blowing Facts

Leaving the light on: Budget chain Motel 6 gets sold for $525 million

The budget motel chain Motel 6 is being acquired by the parent company of Oyo, a hotel operator based in India

The Independent UK

How to get a job at Thoma Bravo, one of the most sought after PE firms

Fortune

Blackstone Hiked Rent Prices At Double The Market Rate in San Diego, Allegedly Uses RealPage's Rent Fixing Software: Report

Blackstone has aggressively expanded its real estate empire since 2021, owning 350,000 rental units while fighting rent control measures and allegedly using rent-fixing software that is being probed for financially impacting millions of renters.

International Business Times UK

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How to get hired at KKR, the PE giant that accepts fewer than 1% of intern applicants

KKR receives 7,000 applications each year for its summer internships. The process, which can lead to an analyst position, involves multiple interviews and an IQ test.

Fortune

Is Blackstone Stock Outperforming the Nasdaq?

Blackstone outperformed relative to the broader Nasdaq Composite over the past year, and Wall Street analysts remain moderately optimistic about the stock’s prospects.

Barchart

Blackstone-led Consortium Nears $13.5B Deal To Buy Australia's AirTrunk: Report

Blackstone consortium is inching its way closer to acquiring AirTrunk in $13.5 billion deal.

International Business Times

APO Stock’s Unusual Options Activity Suggests a Long Strangle Is the Bet to Make

Alternative asset manager Apollo Global Management had three unusually active options in Wednesday's trading. Two of them suggest that a long strangle is the bet to make heading into Labor Day weekend.

Barchart

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Private equity is finally coming for the NFL: Here's who's making a play for a piece of the action

Many PE firms don’t have much experience investing in sports teams. They do have the money the NFL wants and needs.

Fortune

Blackstone sells 3,000 homes worth £405m to UK’s biggest pension fund

Universities Superannuation Scheme acquires shared ownership properties from US private equity group

The Guardian - UK

I used the Weber Slate 36 "rust-resistant" griddle for an entire month — and I'm never buying a traditional grill again

The Weber Slate 36 is the ultimate griddle thanks to a pre-seasoned cooktop, extra storage/shelving, and a high-quality cooking experience.

Tom’s Guide

Blackstone boss Stephen Schwarzman hits newt trouble amid £80m Wiltshire estate revamp

Stephen Schwarzman has been complaining to chancellor Rachel Reeves about the problems he’s been having with the UK’s planning process

The Independent UK

Blackstone president’s advice for success on Wall Street: Fight your finance bro nature

Blackstone COO and president Jon Gray told his new intern class the secrets to getting hired and sticking around.

Fortune

How old is too old? How President Biden stacks up against the 7 oldest CEOs on the Fortune 500

The age of chief executives on this list ranges from their late 70s to early 90s.

Fortune

Meet 9 power players in the private credit industry set to be a $3.5 trillion profit center for Wall Street.

Many of the biggest private credit firms are also well-known PE firms

Fortune

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International Business Times

Music Catalog Fund Hipgnosis Sold To Blackstone

Shareholders of Hipgnosis Songs Fund, which in recent years made waves by helping popularize music rights as an asset class, have voted to accept a $1.6 billion takeover from US private equity firm Blackstone, filings showed Tuesday.

Barchart

Earnings Preview: What to Expect From Blackstone’s Report

As Blackstone prepares to unveil its second-quarter earnings this month, analysts anticipate a low-double-digit increase in its bottom line.

The Guardian - UK

Labour is putting its plans for Britain in the hands of private finance. It could end badly

Handing vital infrastructure to big finance will generate windfalls for investors and leave the rest of us worse off. We need a better plan, says Daniela Gabor, a professor of economics and macrofinance at UWE Bristol

Livingetc

How to Clean a Blackstone Griddle — This Will Keep Your Grill Working Its Best All Summer

BBQ season can often leave your grill looking a little worse for wear, so here's what you need to do to give it a good scrub down, according to experts

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Barchart

Is Blackstone Stock Underperforming the S&P 500?

Blackstone has been underperforming the S&P 500 recently, and Wall Street analysts remain cautiously optimistic about the stock’s outlook.

Homes & Gardens

I just found hundreds of dollars off grills and pizza ovens in Wayfair's Anniversary sale

There are plenty of cheap grills and pizza ovens in Wayfair's Anniversary sale. I went through hundreds of deals to find the very best

The Guardian - UK

Happy Pride month to everyone! Except the landlords and asset managers bleeding dry queer culture

Asset managers are hoovering up Britain’s LGBTQ+ venues, with potentially disastrous consequences for the gay scene, says senior data analyst Adam Almeida

Barchart

Bigbear.Ai and 2 More Penny Stocks Insiders Are Buying

Heavy insider buying has pinged the radar on these three penny stocks lately, but are they worth adding to your portfolio this June?

Evening Standard

Private equity behemoth Blackstone and property investor Regis to buy £570m of affordable homes in Vistry deal

The trillion-dollar asset manager Blackstone has become a larger player in the UK’s affordable housing market in recent years

The Guardian - UK

BA to hire 350 staff at Heathrow to avoid summer chaos – as it happened

Airline expects this summer to be its busiest since the pandemic and will hire people in customer services and ground handling

The Guardian - UK

Private equity group to improve offer for Beyoncé song fund Hipgnosis

Blackstone to increase bid to level that would value London-listed group at nearly $1.6bn

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