Blackstone Group L.P. Stock News

NEW YORK--(BUSINESS WIRE)--Blackstone and Santander Corporate & Investment Banking today announced an agreement under which funds managed by Blackstone Credit & Insurance (“BXCI”) will acquire interests in a $1 billion portfolio of high-quality infrastructure loans from Santander. The portfolio comprises loans that finance assets located largely in Western Europe and the US across the digital i...

I used to invest mostly in rental properties. But these days, I favor REITs for most of my investments. I explain why.

Investment activity in October focused on Business Development Companies, with $1,300 added to the market. Adjusted dividend income in October of $789, up 25% Y/Y and up 11% sequentially. Main picks included Blackstone Secured Lending, Goldman Sachs BDC, and Midcap Financial Investment Corporation.

The S&P 500 and the Nasdaq Composite ended Tuesday higher, as shares of Nvidia lifted the indexes. Here's what's on CNBC's radar going into Wednesday.

Asset management firm Blackstone will become the majority owner of sandwich chain Jersey Mike's in a deal that values the company at a reported $8 billion.

Blackstone Inc (NYSE:BX) has bought sandwich chain Jersey Mike's in a deal said to value the sandwich chain at $8 billion. Private equity giant Blackstone announced on Tuesday that it had acquired a “majority ownership position” in Jersey Mike's.

Buyout firm Blackstone is nearing a deal for Jersey Mike's Subs that would value the U.S. sandwich chain at around $8 billion, including debt, and could be announced as early as this week, a person familiar with the matter told Reuters on Monday.

The deal would value the closely held sandwich chain at around $8 billion, including debt.