What does GSO mean in Blackstone?
Special Situations hedge fund — GSO’s hedge funds invest in long/short credit, event-driven opportunities and distressed securities.
Who owns the company Blackstone?
. Peterson Stephen A. Schwarzman
The Blackstone Group
| Blackstone Headquarters at 345 Park Avenue | |
|---|---|
| Founder | Peter G. Peterson Stephen A. Schwarzman |
| Headquarters | 345 Park Avenue New York, NY 10154 U.S. |
| Key people | Stephen A. Schwarzman (chairman and CEO) |
| Products | Private equity alternative investment management |
Who owns GIC Private Limited The Blackstone Group?
Schwarzman is Chairman, CEO and Co-Founder of Blackstone, one of the world’s leading investment firms with $881 billion Assets Under Management (as of December 31, 2021).
Does Blackstone lend money?
Direct Lending We provide privately originated, senior secured, floating rate loans to U.S. and European middle market companies. We partner with these firms and their sponsors to understand their businesses, address their challenges and support their long-term strategies.
Does Blackstone own GSO?
Blackstone announced today that GSO Capital Partners, our global credit business, is changing its name to Blackstone Credit. When Blackstone first acquired GSO in 2008, the group had $9.6 billion in assets under management and fewer than 150 employees.
What does GSO mean?
GSO
| Acronym | Definition |
|---|---|
| GSO | Geostationary Satellite Orbit |
| GSO | General Staff Officer |
| GSO | General Services Officer |
| GSO | Girl’s Service Organization (USO) |
Why did Blackstone buy Ancestry?
Blackstone says she and others needn’t worry. “We invested in Ancestry because it is a clear leader in its industry with a digital subscription business that has continued to grow significantly,” said Matt Anderson, a spokesman for the investment firm with more than $600 billion in assets under management.
Why is Blackstone controversial?
Amazon deforestation The Brazilian logistics company Hidrovias, which is invested in by Blackstone, has been accused of being responsible for deforestation in the Amazon to build a controversial highway.
Is Blackstone buying Ancestry?
New York, December 4, 2020 – Blackstone (NYSE:BX) today announced that private equity funds managed by Blackstone (“Blackstone”) have completed their previously announced acquisition of Ancestry® from Silver Lake, GIC, Spectrum Equity, Permira, and other equity holders for a total enterprise value of $4.7 billion.
Why is Blackstone buying Ancestry?
What is a CLO bond?
A collateralized loan obligation (CLO) is a single security backed by a pool of debt. CLOs are often corporate loans with low credit ratings or loans taken out by private equity firms to conduct leveraged buyouts.
What do credit funds invest in?
What is a Debt Fund. A debt fund is an investment pool, such as a mutual fund or exchange-traded fund, in which the core holdings comprise fixed income investments. A debt fund may invest in short-term or long-term bonds, securitized products, money market instruments or floating rate debt.
