Blackstone
Blackstone is a global investment firm with activities in private equity, credit, and real estate.
Bank Leaders Show Mixed Views on Private Credit Risks Amid Industry Support
Major banks, including JPMorgan and Citigroup, report extensive private credit exposures exceeding $100 billion. While industry leaders express confidence, warnings about liquidity crunches and risk concentration highlight potential vulnerabilities ahead.
Citigroup Sells 24% of Banamex to Private Investors, Including Chubb and Sura
Citigroup has announced the sale of a 24% stake in Banamex for 43 billion pesos. The transaction involves private investors including Chubb and Sura, marking a significant shift in Citi’s presence in Mexico.
Aditya Birla-Led Consortium, Including TOI & Blackstone, Buys RCB for $1.78B
A consortium led by Aditya Birla Group and including The Times of India Group, Bolt Ventures, and Blackstone has purchased Royal Challengers Bangalore for $1.78 billion. This deal confirms RCB as the IPL's most valuable franchise with new leadership set after IPL 2026.
OpenAI Secures $10 Billion in Funding, Leading Week's U.S. Startup Deals
OpenAI announced an additional $10 billion funding round, bringing its total valuation above $120 billion, supported by major investors. Meanwhile, defense firm Shield AI's valuation more than doubles, indicating strong investor interest across tech and defense sectors.
Blackstone Invests $250M in UAE's Advanced Digital Gaming Tech Platform
Blackstone has invested $250 million in Advanced Digital Gaming Technology, a UAE platform for gambling payments and data. This move reflects confidence in the UAE’s economy post-Iran conflict and sets the stage for regional expansion.
Deutsche Bank Flags $30B Private Credit Risk Amid $265B Sector Melt Down
Deutsche Bank disclosed $30 billion in private credit exposure amid sector challenges. The warning comes as the private credit market faces a $265 billion value collapse and widespread investor panic.