The Blackstone Group L.P.
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From London To Dubai, This Fund Is Bullish
By Meena Krishnamsetty - May 22, 2013 | Tickers: C, HIG, ICE, SLM, BX
Toscafund Asset Management is an asset manager based in London and Dubai. The firm was founded in 2000 by Martin Hughes and is part of Old Oak Group. The fund recently filed its first quarter 13F with the SEC, describing some of its main investments during the first three months of 2013. A quick look at Toscafund’s top five equity positions is a good place to start. See the more »
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Three Housing Plays to Hold Forever
By AnnaLisa Kraft - May 15, 2013 | Tickers: HHC, BX, TOL
As I wrote before, I'm not entirely sold on a housing boom, what with college debt levels increasing and impoverishing what should be a new generation of homebuyers.
However, three companies hold properties that they've either bought at fire sale prices or are upscale enough they wouldn't attract first time homebuyers. Those companies are Blackstone (NYSE: BX), Howard Hughes Corporation (NYSE: HHC) and Toll Brothers (NYSE: TOLmore »)
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The Case For Blackstone to Double (Again!)
By Zachary Scheidt - May 13, 2013 | Tickers: BX
As a general rule, I like to catch stocks at key inflection points, buying rebound candidates as they break out of basing patterns, and shorting high-flyers as they start showing signs of institutional liquidation.But occasionally there are opportunities to jump on the bandwagon a bit later in the cycle, while still giving us plenty of room for a lucrative trade.In the case of The Blackstone Group (BX), we more » -
Blackstone Says The Housing Party Is Still Strong
By Reuben Brewer - May 8, 2013 | Tickers: RESI, SBY, BX
Blackstone (NYSE: BX) has purchased 1,400 homes in Atlanta, according to Bloomberg. The company's continued aggressive push into the single family home market is a clear indication that Blackstone thinks the house party is still going strong. Here are a few ways to benefit.
With Gusto!
Blackstone has been one of the most vocal and aggressive buyers of single family homes coming out of the housing-led 2007 to more »
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Should You Join in the SeaWorld IPO Bandwagon?
By Roberto Bañaga - May 7, 2013 | Tickers: SEAS, SIX, BX
The global theme-park industry continues to grow. Global Industry Analysts expects the global theme-park industry to reach $31.8 billion by 2017. However, most of the growth will be driven by emerging markets like China, India and Korea. European and North American markets have matured as growth in visitor attendance is stabilizing.
Theme park and entertainment company Seaworld Entertainment (NYSE: SEAS) launched its IPO of 26 million shares on April more »
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Forget Dell, Buy Lenovo
By John Moore - May 3, 2013 | Tickers: DELL, LNVGY.PK, BX
Blackstone (NYSE: BX) withdrew its bid for Dell (NASDAQ: DELL). The reasons for the withdrawal were not immediately clear, but it's safe to say Blackstone didn't like what it saw while examining Dell's financials. Blackstone knows a thing or two about financials; its first-quarter profit rose 28% to $628 million. Even Blackstone knows it doesn't posses the creativity, innovation, and patience needed to turn Dell around more »
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Alternative Investments Offer Growth and High Dividend Yields
By John Macris - April 24, 2013 | Tickers: BLK, GBDC, BX
Ever wish you could invest directly with Karen Finerman, the well-respected hedge fund manager and value investor on CNBC’s Fast Money?
While you can’t put your capital to work with Finerman unless you are a high-net worth investor, possibly a more attractive option is available through Golub Capital (NASDAQ: GBDC), a business development company that makes debt and minority equity investments. The namesake Golub Capital is operated by more »
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Will This Private Equity Stock Continue to Rise?
By Alex Bastardas - April 16, 2013 | Tickers: APO, KKR, BX
Many investors want to be able to invest in private equity deals. However, if you do not have $1 million in cash lying around, your options are limited. Nonetheless, there is a small number of private equity firms that are publicly traded, hence allowing small investors to buy into some of the action. One of the most remarkable publicly-traded PE firms is Apollo Global Management (NYSE: APO), which is a more »
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Three Creative Ways To Benefit From Housing Boom
By Shmulik Karpf - April 16, 2013 | Tickers: BRK-B, BRK-A, BX, WFC
You can feel it in the air. You're not sure that it's true, and you're almost afraid to say it out loud because people might think that you've lost your mind. But it's true - home prices have officially touched bottom. We're on the right track. This feeling is supported by numbers. According to the most recent Case Shiller home index, the Home Price Indices more »
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Three Creative Ways To Benefit From Housing Boom
By Shmulik Karpf - April 16, 2013 | Tickers: BRK-B, BRK-A, BX, WFC
You can feel it in the air. You're not sure that it's true, and you're almost afraid to say it out loud because people might think that you've lost your mind. But it's true - home prices have officially touched bottom. We're on the right track. This feeling is supported by numbers. According to the most recent Case Shiller home index, the Home Price Indices more »
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Three Creative Ways To Benefit From Housing Boom
By Shmulik Karpf - April 14, 2013 | Tickers: BRK-B, BRK-A, BX, WFC
You can feel it in the air. You're not sure that it's true, and you're almost afraid to say it out loud because people might think that you've lost your mind. But it's true - home prices have officially touched bottom. We're on the right track. This feeling is supported by numbers. According to the most recent Case Shiller home index, the Home Price Indices more »
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Will This Stock Continue to Rise?
By Alex Bastardas - April 14, 2013 | Tickers: APO, KKR, BX
Many investors want to be able to invest in private equity deals. However, if you do not have $1M in cash lying around, the options are limited. Nonetheless, there are a small number of private equity firms that are publicly traded, hence allowing small investors to buy into some of the action. One of the most remarkable publicly-traded PE firms is Apollo Global Management (NYSE: APO), which is a global more »
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13 for '13: First-Quarter Results Are In!
By Jeff Ross, MD - April 1, 2013 | Tickers: AAPL, SBY, BX, TWO
If you joined with me and invested in some (or all) of my "13 for '13" recommendations at the start of the new year, you may be interested to see how we have faired so far in 2013. The ride has been exciting ... because it's always more fun to ride investments up than to watch them crash down!
In my opinion, the equities market really has nowhere to go more »
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Bidding Battle Makes Dell an Interesting Buy
By Jeremiah Feliciano - March 30, 2013 | Tickers: DELL, MSFT, BX
The Dell (NASDAQ: DELL) buyout story had a new twist after two new bidders, The Blackstone Group (NYSE: BX) and investor Carl Icahn, entered the scene to upset founder Michael Dell’s plan to go private. The backroom talks suggest how this whole takeover story, which started initially with Michael Dell and Silver Lake’s proposal, of the embattled computer giant might stretch for months.
Earlier, it was said that more »
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How to Play Single-Family Homes with REITs
By Jordan Wathen - March 26, 2013 | Tickers: SBY, BX, TWO, UMH
Have you heard the news? Single-family homes are the new investment of the day. Big players like private-equity king Blackstone (NYSE: BX) are acquiring single family homes for rental income and appreciation. Blackstone is on a $100 million a week buying spree, having purchased $3.5 billion worth of American homes in just the past year.
For investors, the opportunities in single-family homes are huge. Spreads between borrowing costs (currently more »
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Should Investors Ride Dell for a Higher Bid?
By Jordan Wathen - March 25, 2013 | Tickers: DELL, BX
When Micheal Dell offered a take-private deal valuing Dell (NASDAQ: DELL) at $13.65, investors were rightfully furious. His bid significantly undervalued the company, especially to a private owner.
Now, Carl Icahn and Blackstone have entered the fray.
Here's the skinny:
- Micheal Dell and Silverlake (both large shareholders in Dell) originally offered $13.65 per share to acquire all of the remaining shares they didn't already own.
- Icahn more »
- Micheal Dell and Silverlake (both large shareholders in Dell) originally offered $13.65 per share to acquire all of the remaining shares they didn't already own.
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What Private Equity Firms Do and How They Will Make You Money
By Daniel Paterson - March 21, 2013 | Tickers: CG, KKR, BX
Private equity (PE) firms have made the headlines recently, most notably with the Silver Lake Management and Michael Dell buyout of Dell and the 3G Capital and Berkshire Hathaway acquisition of Heinz. These firms and their roles can be quite hazy to the average investor, who may not be in tune with alternative investment strategies.
Essentially, PE firms seek to acquire, make profitable, and sell companies that are on their more »
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Private Equity Loves Chicken
By Mike Thiessen - March 21, 2013 | Tickers: KKR, BX, TSN
New York-based asset management firm Blackstone Group (NYSE: BX) has placed a formal final buyout bid for Australian poultry producer Ingham's Chicken. Along with fellow private equity outfit TPG Capital, Blackstone is vying to take control of Australia's largest bird-products firm in a deal that has been valued at more than $800 million. In a relatively rare move, both of the bidders would need to use substantial leverage more »
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Buy Blackstone, But Not For the Rental Housing Business
By Mark Holder - March 14, 2013 | Tickers: APO, KKR, SBY, BX
Most investors in the market for the last five years see Blackstone Group (NYSE: BX) as a sign of the excess that led to the financial crisis. After all, the private equity firm went public back in 2007 at around $25 and has never seen that price again.
To be fair, investors need to do some historical research. The company is led by Steve Schwarzman, an expert investor--but why would more »
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Is The Single Family Home Market A Bubble Again?
By Reuben Brewer - March 1, 2013 | Tickers: OZM, SBY, BX
There has been a growing chorus of industry watchers and writers fretting about the current rebound in the housing market being little more than a bubble. While there are valid concerns, the players getting in on the market today should have more staying power than the highly leveraged individual buyers that helped fuel the industry's last bust.
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