Blackstone Talked With Ken Griffin’s Citadel About Buying Stake

The Wall Street Journal Finance 1 month ago

Blackstone Group Inc. has held talks to buy a stake in Ken Griffin’s Citadel LLC, a deal that would unite two of the biggest names in investing.

Blackstone has discussed an investment in both Citadel’s flagship hedge-fund firm and its lower-profile but fast-growing securities-trading operation, said people familiar with the matter. These people described the talks as occasionally contentious and not certain to result in a deal.

The...

Tags: Business

Source link
Read also:
Chicago Tribune › Finance › 1 month ago
Blackstone Group Inc. held talks about buying a stake in Ken Griffin's flagship hedge fund, people familiar with the matter said.
Business Insider › Finance › 1 month ago
Wall Street giants Blackstone Group and Citadel have reportedly held deal talks. Blackstone has held discussions to take a stake in the hedge fund itself as well as its securities-trading business, according to a report in The Wall Street Journal...
Forbes › 5 days ago
In a move that values Bumble-parent MagicLab at $3 billion, private equity firm Blackstone is buying the stake owned by MagicLab’s billionaire CEO Andrey Andreev. Andreev will step down and Bumble CEO Whitney Wolfe Herd will take over.
Business Insider › Lifestyle › 1 month ago
Billionaire hedge-fund manager Ken Griffin just picked up two more condos in the Billionaires' Row tower where he dropped a record-breaking $238 million in January, Jennifer Gould Keil reported for The New York Post. Griffin paid $1.89 million and $2...
Reuters › Finance › 5 days ago
Blackstone Group Inc is taking a majority stake in MagicLab, the parent company of dating app "Bumble" and "Badoo", valuing the company at about $3 billion, the private equity firm said in a statement on Friday.
One America News Network › Finance › 5 days ago
(Reuters) - Blackstone Group Inc is taking a majority stake in MagicLab, the parent company of dating app "Bumble" and "Badoo", valuing the company at about $3 billion, the private equity firm said in
The New York Times › Finance › 5 days ago
Blackstone Group Inc is taking a majority stake in MagicLab, the parent company of dating app "Bumble" and "Badoo", valuing the company at about $3 billion, the private equity firm said in a statement on Friday.
The Wall Street Journal › 5 days ago
Blackstone Group is taking a majority stake in the owner of dating app Bumble as part of the private-equity giant’s broader push to invest more in fast-growing companies.
Axios › Finance › 2 days ago
The Blackstone Group agreed to buy a majority stake in Magic Lab, the owner of dating apps Bumble and Badoo, at an enterprise value of around $3 billion.Why it matters: This represents a heartbreaking loss for Match Group, whose love/hate relationship...
Reuters › Finance › 3 weeks ago
A senior Blackstone Group executive who oversaw special situations investments at the private equity giant's hedge fund unit Blackstone Alternative Asset Management, has left the firm, two people familiar with the matter said.
Sign In

Sign in to follow sources and tags you love, and get personalized stories.

Continue with Google
OR