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Blackstone Group, L.P.

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Top Blackstone Group, L.P. Articles see all

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  • Former Soros team to start $150 million Hong Kong-based hedge fund

    HONG KONG (Reuters) - A former Soros Fund Management team will start a Hong Kong-based hedge fund in the third quarter of 2014 with at least $150 million in initial capital including seed capital from HS Group, making it one of the biggest start-ups in the region this year.
  • Retailer Michaels Stores confirms payment card data breach

    Retailer Michaels Stores confirms payment card data breach
    (Reuters) - Michaels Stores Inc, the biggest U.S. arts and crafts retailer, on Thursday confirmed that there was a security breach at certain systems that process payment cards at its U.S. stores and that of its unit, Aaron Brothers. The company said...

    Exclusive: Turmoil at Symantec luring activists, buyers - sources

    NEW YORK (Reuters) - The abrupt firing of Symantec Corp Chief Executive Steve Bennett last month is attracting activist investors and private equity firms to the U.S. security software maker, in a development that could potentially lead to its breakup...

    Blackstone stepping back from stake in SeaWorld

    Blackstone stepping back from stake in SeaWorld
    The Blackstone Group continues to trim its stake in SeaWorld Entertainment Inc., the Orlando-based theme-park owner it bought in late 2009. After shedding another 19 million shares last week — 1.75 million of which were bought back by SeaWorld...

    Hotel chain La Quinta makes subdued debut in crowded IPO market

    (Reuters) - Shares of Blackstone-backed hotel chain La Quinta Holdings Inc made a subdued market debut as investors took the view that the stock was fully priced in a crowded IPO market. La Quinta's shares, which priced below the expected range at $17,...