August 20, 2017

SeaWorld Puts Stephen Schwarzman Under Glass

The Lisbon Oceanarium

This week’s big IPO was an interesting one. After a dearth of offerings following Facebook’s, the private equite firm, Blackstone is taking SeaWorld public. The theme park’s parent, Busch Gardens, was acquired three years ago by Blackstone for $2.3 billion. Since then the firm has increased revenue at the parks while paying itself $610 million […]

Asking Blackstone for Money for Your Hedge Fund

Ali Akay sheds some light on asking Blackstone for money for your hedge fund. The former SAC trader is seeking seed money for his hedge fund reports Jesse Westbrook and Saijel Kishan at Bloomberg Businessweek. The hedge fund manager plans to invest in emerging markets. Akay, 34, is in advanced talks with Blackstone to provide […]