Blackstone closes $8.7 billion energy transition fund
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Blackstone (NYSE:BX) closed its fifth energy transition private equity fund at US$8.7 billion, exceeding its predecessor's US$5.6 billion fundraising total by approximately 55%.
Blackstone (NYSE:BX) closed its fifth energy transition private equity fund at US$8.7 billion, exceeding its predecessor's US$5.6 billion fundraising total by approximately 55%.
Blackstone limited redemptions from its Blackstone Private Credit Fund to 5% after investors sought to pull shares. Swetha Gopinath has more on "Bloomberg Open Interest."
Broadcom's Wall Street syndicate is starting to gather $60 billion of fresh AI chip financing to benefit Anthropic PBC and other companies, according to people with knowledge of the matter. Carmen Reinicke has more on "Bloomberg Open Interest."
Blackstone President and COO Jonathan Gray says fiscal challenges in Western economies will mean governments will have to make "tough choices".
Bloomberg's Emily Graffeo joins Scarlet Fu on "Bloomberg Real Yield." Blackstone has held early discussions with investors to gauge interest in a second mega debt package to finance Anthropic's use of chips from Alphabet's Google.
