As banks retreat, private lenders take the wheel
A good fifteen years after the global financial crisis rewired the world’s credit circuits, a new generation of credit masters now sits in the driver’s seat of corporate finance.
Blackstone Europe sets up new office in Luxembourg
Blackstone, the world’s largest alternative asset manager, has transitioned its Luxembourg offices to a more expansive space in the Vertigo Polaris Building, demonstrating a solid commitment to its European operations in the Grand Duchy. The inauguration of the new location was marked by a special event on Wednesday, graced by the presence of Luxembourg’s Prime Minister, Xavier Bettel, and Blackstone’s CFO, Michael Chae.
Blackstone sets record with $22.2 billion secondary fund
New York-based Blackstone, also present in Luxembourg as a CSSF-regulated AIFM, has raised a record 22.2 billion dollars in commitments for its Strategic Partners IX fund, one of two such vehicles in its inaugural continuation fund strategy under the Strategic Partners GP Solutions label.