|
Feb 18
|
|
$132.90
$132.90
-0.0%
|
N/A
|
Finnhub News
|
— |
Finnhub - BX
Blackstone Expands Into Essential Home Servic...
|
|
Feb 18
|
|
$132.90
$132.90
-0.0%
|
N/A
|
Finnhub News
|
— |
Finnhub - BX
Is Blackstone (BX) Now Attractive After Recen...
|
|
Feb 18
|
|
$132.90
$132.90
-0.0%
|
LONG
|
Randall Williams
Sports Business Reporter, Bloomberg
|
"There's institutional investor money out there... looking to invest in professional sports franchises... Private equity is increasingly buying more stakes because they are seeing these meteorite fees continue to rise." As valuations hit levels where individuals can no longer afford teams (e.g., $8B for Seahawks), the capital stack requires institutional money. Private Equity firms raising dedicated sports funds will see increased deal flow and management fees as they provide the necessary liquidity for these transactions. LONG. Betting on the "financialization of sports" trend. League ownership rules (like the NFL's strict limits) could cap PE involvement; valuations could peak, reducing IRR for these funds. |
Bloomberg Markets
MSG Sports Considering Spinning Off New York ...
|
|
Feb 18
|
|
$132.90
$132.90
-0.0%
|
N/A
|
Finnhub News
|
— |
Finnhub - BX
'Blackstone, EQT And CVC Make Offers For VW's...
|
|
Feb 17
|
|
$131.39
$132.90
+1.1%
|
N/A
|
Finnhub News
|
— |
Finnhub - BX
Blackstone Nears $2.5 Billion Deal for Champi...
|
|
Feb 17
|
|
$131.39
$132.90
+1.1%
|
N/A
|
Finnhub News
|
— |
Finnhub - BX
Blackstone Inc (BX) Strikes Big Deal in Women...
|
|
Feb 17
|
|
$131.39
$132.90
+1.1%
|
N/A
|
Finnhub News
|
— |
Finnhub - BX
'Blackstone's Liftoff Said to Weigh IPO Refil...
|
|
Feb 17
|
|
$131.39
$132.90
+1.1%
|
N/A
|
Finnhub News
|
— |
Finnhub - BX
Blackstone Announces Agreement to Acquire Cha...
|
|
Feb 17
|
|
$131.39
$132.90
+1.1%
|
N/A
|
Finnhub News
|
— |
Finnhub - BX
'Blackstone Nears $2.5 Billion Deal for Champ...
|
|
Feb 17
|
|
$131.39
$132.90
+1.1%
|
N/A
|
Finnhub News
|
— |
Finnhub - BX
1 S&P 500 Stock to Keep an Eye On and 2 We Av...
|
|
Feb 17
|
|
$131.39
$132.90
+1.1%
|
N/A
|
Finnhub News
|
— |
Finnhub - BX
Blackstone Sees Strong Fundamentals, Flags Ac...
|
|
Feb 16
|
|
$129.86
$132.90
+2.3%
|
N/A
|
Finnhub News
|
— |
Finnhub - BX
Blackstone backs Neysa in up to $1.2B financi...
|
|
Feb 14
|
|
$129.86
$132.90
+2.3%
|
NEUTRAL
|
Finnhub News
|
The headline announces a significant market shift where investors are moving capital from technology stocks to real estate investment trusts. |
Finnhub - BX
The Great Rotation From Tech To REITs Is Fina...
|
|
Feb 14
|
|
$129.86
$132.90
+2.3%
|
SHORT
|
Finnhub News
|
Private equity firms reduced their software deal volume due to increasing risks associated with artificial intelligence. |
Finnhub - BX
Private Equity's Volume Of Software Deals Slo...
|
|
Feb 14
|
|
$129.86
$132.90
+2.3%
|
NEUTRAL
|
Finnhub News
|
Blackstone is strategically adjusting its investment portfolio by acquiring Urbaser and increasing its stake in Anthropic. |
Finnhub - BX
Blackstone Repositions Portfolio With Urbaser...
|
|
Feb 13
|
|
$129.86
$132.90
+2.3%
|
N/A
|
Finnhub News
|
— |
Finnhub - BX
Blackstone Wealth Fund Posts 20% Gain, 30% Ti...
|
|
Feb 13
|
|
$129.86
$132.90
+2.3%
|
N/A
|
Finnhub News
|
— |
Finnhub - BX
Coinbase Q4 Earnings & Revenues Miss Estimate...
|
|
Feb 13
|
|
$129.86
$132.90
+2.3%
|
LONG
|
David Solomon
Chairman and CEO of Goldman Sachs
|
"Smaller IPOs require... more discount... smaller companies it's always more attractive to sell a company for 100% of its value and get that cash today privately." While the IPO market is opening for large caps, Solomon notes that small companies are better off selling privately. This dynamic feeds deal flow to Private Equity firms and alternative asset managers who act as the buyers/consolidators in private markets. LONG Private Equity managers (like Blackstone/KKR) who benefit from robust private market transaction volume. Higher interest rates impacting leverage costs for private deals. |
CNBC
Goldman Sachs CEO David Solomon: The macro se...
|
|
Feb 13
|
|
$129.86
$132.90
+2.3%
|
SHORT
|
Finnhub News
|
Advocates allege that the PNM parent company's $400 million stock sale to Blackstone violated state regulations. |
Finnhub - BX
Advocates say PNM parent company's $400M stoc...
|
|
Feb 13
|
|
$129.86
$132.90
+2.3%
|
LONG
|
Lisa Du
Asia Investment Reporter, Bloomberg
|
Japan holds a $7 trillion cash pile. Blackstone and KKR are launching massive media blitzes and educating local brokerages to sell private market products to Japanese retail investors. With inflation finally hitting Japan, cash is no longer safe. The shift from savings to investments is a massive AUM growth opportunity for alternative asset managers who can capture even a fraction of that $7 trillion. LONG. A structural flow of funds story benefiting the largest asset gatherers. Japanese retail investors are notoriously risk-averse and may prefer domestic equities (Nikkei) over foreign private credit/equity. |
Bloomberg Markets
AI Angst Rocks Asia Markets | The Asia Trade ...
|
|
Feb 12
|
|
$129.77
$132.90
+2.4%
|
N/A
|
Finnhub News
|
— |
Finnhub - BX
Sector Update: Financial Stocks Decline Late ...
|
|
Feb 12
|
|
$129.77
$132.90
+2.4%
|
N/A
|
Finnhub News
|
— |
Finnhub - BX
Sector Update: Financial Stocks Decline Thurs...
|
|
Feb 12
|
|
$129.77
$132.90
+2.4%
|
N/A
|
Finnhub News
|
— |
Finnhub - BX
Platinum Equity Inks Deal To Sell Urbaser To ...
|
|
Feb 12
|
|
$129.77
$132.90
+2.4%
|
LONG
|
Peter Harrison
CEO, Schroders
|
Harrison states the deal is driven by the need for "scale" and specifically to access Nuveen's "strength and depth of... Private Markets capabilities and Fixed Income distribution." Traditional "Active Management" (stock picking) is commoditized and capital-intensive due to tech costs. The "Alpha" and growth are entirely in Private Credit and Private Equity. If a giant like Schroders ($700B+ AUM) feels too small to compete without Private Markets exposure, the pure-play Alternative Asset Managers (Blackstone, KKR, Ares, Blue Owl) are the undisputed winners of this secular rotation. They are the predators; traditional managers are the prey. LONG the Alternative Asset Managers and Consolidators. Regulatory scrutiny on private credit valuations; slowing fundraising in private equity. |
Bloomberg Markets
Nuveen to Buy UK's Schroders for $13.5 Billio...
|
|
Feb 11
|
|
$133.47
$132.90
-0.4%
|
LONG
|
Ryan Gould
Head of Content, Blockworks
|
Blackstone is investing another $100M in Anthropic (total stake $1B) via its retail-focused wealth products. Blackstone is successfully democratizing access to private AI unicorns for "wealthy mom and pop" investors, creating a new fee-generating growth engine distinct from traditional buyouts. LONG. Valuation mark-downs in private AI assets. |
Bloomberg Markets
Kraft Heinz Pauses Split, Paramount Sweetens ...
|
|
Feb 11
|
|
$133.47
$132.90
-0.4%
|
WATCH
|
Josh Brown
CEO, Ritholtz Wealth Management
|
"We have apartment building gluts in Nashville in Austin... takes four years to bring that stuff online." The multifamily real estate market is efficient at creating supply, leading to gluts in specific hot markets. While this hurts rental prices, it highlights that large players (like Blackstone) own the assets, and regional oversupply is a specific risk to watch in the housing sector. Be cautious of multifamily exposure in specific overbuilt metros (Austin/Nashville). Interest rates drop significantly, reigniting demand and absorbing supply. |
The Compound News
Is It Time to Buy Software Stocks?
|
|
Feb 11
|
|
$133.47
$132.90
-0.4%
|
LONG
|
Bill Ford
Chairman, Ford Motor Company
|
"We had an exit recession for the private equity industry... I think M&A is going to come back in a significant way... it's going to be the most active M&A market we've seen in a decade." Private Equity firms (BX, KKR) have been unable to sell portfolio companies ("exit recession"). A boom in M&A unlocks massive liquidity, performance fees (carry), and capital deployment. Investment Banks (GS, MS) will capture the advisory fees from this surge in deal flow. Long Alternative Asset Managers and Capital Markets. Interest rates rising unexpectedly could freeze deal financing again. |
Bloomberg Markets
.General Atlantic CEO Ford on Current Investi...
|
|
Feb 11
|
|
$133.47
$132.90
-0.4%
|
LONG
|
Michael Batnick
Managing Partner, Ritholtz Wealth Management
|
Alternative asset managers like Blackstone (BX), KKR, and Blue Owl (OWL) have sold off (OWL down ~50%) due to fears over their Private Credit exposure to software companies. The market is pricing in a systemic failure of software loans within private credit portfolios. Michael views this contagion fear as "way overdone" for the top-tier managers. Blackstone specifically is a "screaming buy" at these levels. Significant defaults in private software loans. |
The Compound News
What Would You Do With $3 Million? | Animal S...
|
|
Feb 11
|
|
$133.47
$132.90
-0.4%
|
LONG
|
Leslie Picker
Reporter, CNBC
|
Alternative asset managers have sold off double digits recently due to fears of AI disrupting their software holdings. Executives state exposure is small (<10%) and they have been underwriting AI risks for years. The market has priced in a worst-case scenario for private portfolios that contradicts the actual data provided by management. If the exposure is minimal and the "AI disruption" fear is exaggerated, the stocks are undervalued. Long these asset managers as the market realizes the "AI death" thesis for their portfolios is flawed. Private valuations may still need to adjust downwards; indirect exposure via "GDP stakes" or non-software sectors could still be hit by AI deflation. |
CNBC
How alternative asset managers are easing sof...
|