David Snow

In a startling development, a soon-to-be established state investment company of the People’s Republic of China will make a $3 billion investment in Blackstone as the alternative investment giant prepares to go public. Blackstone’s Schwarzman is calling the deal a ’paradigm shift in global capital flows’.

The global private equity firm has offered $4.5 billion for the eye health specialist, which recently was forced to recall products.

The largest federation of unions in the US has written the SEC in an attempt to halt Blackstone’s IPO, according to the Financial Times.

Proposed legislation sponsored by an influential US senator would require SEC registration of all investment advisors, including apparently all hedge fund and private equity fund managers, with more than $50 million in assets.

A proponent of a tax hike on carried interest has been invited to make a presentation before US lawmakers, according to a report.

A proponent of a tax hike on carried interest has been invited to make a presentation before US lawmakers, according to a report.

Teachers’ Private Capital, the private equity arm of the Canadian pension, has launched its first foothold outside of Toronto with a London office led by Andrew Claerhout.

Teachers’ Private Capital, the private equity arm of the Canadian pension, has launched its first foothold outside of Toronto with a London office led by Andrew Claerhout.

CVC, 3i and BC Partners all have recently opened up major new offices in New York City, indicating the growing global influence of UK-based private equity franchises.

CVC, 3i and BC Partners all have recently opened up major new offices in New York City, indicating the growing global influence of UK-based private equity franchises.