Tag Archives: Blackstone

Blackstone Integrates Asset-Based Finance, Insurance and Corporate Credit Groups into Single Unit

Blackstone integrated its corporate credit, asset-based finance and insurance groups into a single new unit, Blackstone Credit & Insurance. The new structure is meant to accelerate growth by creating a more seamless experience for clients and borrowers.

Blackstone Completes Acquisition of Copeland, Formerly Emerson Climate Technologies

Blackstone completed the acquisition of a majority stake in Emerson’s climate technologies business in a transaction valuing the business at $14 billion. The new standalone business will be named Copeland.

Blackstone Acquires Cvent in $4.6B Transaction

Cvent Holding Corp., a meetings, events and hospitality technology provider, entered into a definitive agreement to be acquired by an affiliate of private equity funds managed by Blackstone in a transaction valued at an enterprise value of approximately $4.6 billion.

Domain Capital Serves as Lead Lender Supporting Blackstone’s Purchase of Allstate Life Insurance

Domain Capital Advisors, a subsidiary of Domain Capital Group, a private investment management services firm, served as the lead lender to Blackstone managed entities in its recent $2.8 billion purchase of Allstate Life Insurance Company and certain subsidiaries.

Blackstone Names Oron Senior Managing Director to Lead New Office in Israel

Blackstone hired Yifat Oron, previously the CEO of LeumiTech, to head the firm’s new office in Tel Aviv, Israel, as senior managing director. Oron will lead Blackstone’s growth and tech investments in Israel for Blackstone Growth and assist with other investing efforts.