Blackstone working on higher Gates offer: sources
NEW YORK (Reuters) - Blackstone Group LP is working on a higher takeover bid for industrial conglomerate Gates Global Inc after its previous offer of roughly $5.5 billion was turned...
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Black’s 2013 profit from Apollo more than doubles to $369 million
(Reuters) - Apollo Global Management LLC Chief Executive Officer and co-founder Leon Black received $369.4 million in dividends and pay from his private equity and credit investment firm in 2013,...
Earnings of Blackstone’s Schwarzman reach $374.5 million in 2013
(Reuters) - Blackstone Group LP Chief Executive Stephen Schwarzman's earnings from dividends and pay soared by 75 percent to $374.5 million in 2013, underpinning his firm's strong profits in real...
Earnings of Blackstone’s Schwarzman reach $374.5 million in 2013
(Reuters) - Blackstone Group LP Chief Executive Stephen Schwarzman's earnings from dividends and pay soared by 75 percent to $374.5 million in 2013, underpinning his firm's strong profits in real...
KKR founders made more than $160 million each in 2013
(Reuters) - KKR & Co LP's founders Henry Kravis and George Roberts received $161.4 million and $165.5 million respectively in cash dividends and executive pay in 2013, over 17 percent...
KKR founders made more than $160 million each in 2013
(Reuters) - KKR & Co LP's founders Henry Kravis and George Roberts received $161.4 million and $165.5 million respectively in cash dividends and executive pay in 2013, over 17 percent...
Exclusive: Fortress, others eye Citi’s OneMain consumer finance unit
NEW YORK (Reuters) - Citigroup Inc has been approached by Fortress Investment Group LLC and some other private equity firms about a potential deal for its consumer finance business, OneMain...
Carlyle unveils its first mutual funds
(Reuters) - Carlyle Group LP is preparing to launch its first two publicly listed mutual funds, according to a regulatory filing by the latest alternative asset manager seeking to offer...
Cerberus moves to allow investors to exit Freedom Group – sources
(Reuters) - Cerberus Capital Management LP is working on a mechanism that would allow its fund investors to exit Freedom Group Inc, the maker of the Bushmaster rifle used in...
Bain Capital looks to sell Applied Systems: sources
NEW YORK (Reuters) - Private equity firm Bain Capital LLC is in talks with other private equity firms to sell its insurance software provider Applied Systems Inc for more than...