How to Play Jersey Mike’s Subs Stock After the JMKE IPO Wall Street finally got a taste of Blackstone-backed Jersey Mike’s, yet the first bite looked hesitant. What’s next for JMKE? Barchart · Aug 2
HSBC to close all branches and pull out of Australian retail banking market London-based company to sell local loan portfolio to Blackstone but will continue private and institutional banking services The Guardian - AU · Jul 31
Michael Burry: 'The Guaranty System Ends With the Taxpayer,' Points to New Study on Hidden Insurance Risk Michael Burry spotlights research warning that losses tied to private credit at life insurers could ultimately flow through state guaranty systems. International Business Times UK · Jul 26
The Pete behind Jersey Mike’s was only 17 years old when he borrowed $125,000 to buy the chain—with some help from his high school football coach Peter Cancro had worked at the Jersey Shore sub shop since he was 14; the six-figure loan would be worth $775,000 today. Fortune · Jul 26
Kuwait Signs $16 Billion Pipeline Deal With Blackstone, KKR, Brookfield Despite Rising Regional Tensions Kuwait Petroleum Corp. (KPC) agreed to a $16 billion lease‑and‑leaseback deal with Blackstone Inc., KKR & Co. Inc. and Brookfield Asset Management Ltd. for its crude oil pipeline network, a landmark transaction struck amid rising regional tensions. Benzinga · Jul 25
Pennsylvania families sell 1,700 acres for $586 million; AI data center boom helps one couple earn over $22 million for their 89-acre hog farm The AI data center boom has transformed a quiet Pennsylvania farming community into a real estate hotspot. As 96 families sold 1,700 acres for a combined $586 million to a Blackstone-backed developer, one couple received more than $22 million for their 89-acre hog farm. The life-changing deal helped them clear… The Times of India · Jul 23
Global Market: Wellington, Vanguard, Blackstone launch hybrid public-private investment funds for wealthy clients Wellington Management, Vanguard and Blackstone have launched two investment funds combining public and private market assets, aimed at high-net-worth and mass-affluent investors. The products, initially available through Bank of America and Merrill, reflect the industry's push to expand access to alternative investments beyond institutional clients. The Economic Times · Jul 23
Larry Page and Sergey Brin splash $225 million in Miami property as billionaires flee California's tax—and Google is expanding its office there too Larry Page and Sergey Brin now own around $225 million in Miami real estate, and other billionaires are bringing their companies to the coastal region. Fortune · Jul 22
Blackstone president Jon Gray tells Gen Z to think like founders at work—but a growing number are skipping the corporate ladder to become one for real If Gen Z wants to climb the corporate ladder, they should view every job like they’re working at a startup, according to Blackstone President Jon Gray. Fortune · Jul 22
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 · Jul 21
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 · Jul 20
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 · Jul 15
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 · Jul 10
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 · Jul 9
Fortune · Jul 9 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.
The Times of India · Jul 9 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 Economic Times · Jul 9 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.
Barchart · Jul 6 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.
Newslaundry · Jul 4 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…
Tom’s Hardware · Jul 3 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.
Benzinga · Jul 1 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.
Barchart · Jul 1 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.
The Economic Times · Jun 30 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 · Jun 30 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 · Jun 9 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…