Blackstone Inc. operates as a prominent alternative asset manager, specializing in a broad spectrum of investment strategies. Its expertise encompasses real estate, ...
Williams (WMB) is set to receive a $5.34 billion investment from a Blackstone-led group, which includes Apollo and KKR-managed entities. This investment will fund five power-infrastructure projects, with Blackstone and its partners acquiring a 49% noncontrolling equity interest in these projects. Distributions exceeding Blackstone's target return will reduce their investment balance.
Williams (NYSE: WMB) has secured a $5.34 billion investment from Blackstone, in partnership with Apollo and KKR, for its five "behind-the-meter" Power Innovation projects. This partnership grants the investors a 49% noncontrolling equity interest, while Williams retains 51% and commercial control, aiming to efficiently fund growth, reduce capital exposure, and enhance project returns. The transaction also supports Williams' financial goals, including maintaining its long-term leverage target and redeploying capital for new high-return opportunities.
Williams (WMB) announced a $5.34 billion investment from a Blackstone-led group, including Apollo, for a 49% stake in five of its Power Innovation joint venture's behind-the-meter power generation projects. This news led to a 1.7% drop in Williams' stock during early trading. The investment involves Blackstone and Apollo.
U.S. pipeline operator Williams has secured a $5.34 billion investment from a consortium led by Blackstone. This investment gives the consortium a 49% noncontrolling stake in five of Williams' behind-the-meter power generation projects. The funding includes $4.4 billion for growth capital expenditures and an additional $900 million for Williams.
Williams has secured a $5.34 billion investment from a Blackstone-led consortium for a 49% non-controlling stake in five of its behind-the-meter power generation projects. This significant funding is set to accelerate Williams' Power Innovation portfolio, including key projects like NEO and Atlas, and highlights investor confidence in onsite power solutions for high-load customers such as data centers. The strategy leverages Williams' natural gas infrastructure, modular generation, and clean-energy expansion to provide reliable energy while supporting decarbonization.
Williams (WMB) is set to receive a $5.34 billion investment from a Blackstone-led group, which includes Apollo and KKR-managed entities. This investment will fund five power-infrastructure projects, with Blackstone and its partners acquiring a 49% noncontrolling equity interest in these projects. Distributions exceeding Blackstone's target return will reduce their investment balance.
Williams (NYSE: WMB) has secured a $5.34 billion investment from Blackstone, in partnership with Apollo and KKR, for its five "behind-the-meter" Power Innovation projects. This partnership grants the investors a 49% noncontrolling equity interest, while Williams retains 51% and commercial control, aiming to efficiently fund growth, reduce capital exposure, and enhance project returns. The transaction also supports Williams' financial goals, including maintaining its long-term leverage target and redeploying capital for new high-return opportunities.
Williams (WMB) announced a $5.34 billion investment from a Blackstone-led group, including Apollo, for a 49% stake in five of its Power Innovation joint venture's behind-the-meter power generation projects. This news led to a 1.7% drop in Williams' stock during early trading. The investment involves Blackstone and Apollo.
U.S. pipeline operator Williams has secured a $5.34 billion investment from a consortium led by Blackstone. This investment gives the consortium a 49% noncontrolling stake in five of Williams' behind-the-meter power generation projects. The funding includes $4.4 billion for growth capital expenditures and an additional $900 million for Williams.
Williams has secured a $5.34 billion investment from a Blackstone-led consortium for a 49% non-controlling stake in five of its behind-the-meter power generation projects. This significant funding is set to accelerate Williams' Power Innovation portfolio, including key projects like NEO and Atlas, and highlights investor confidence in onsite power solutions for high-load customers such as data centers. The strategy leverages Williams' natural gas infrastructure, modular generation, and clean-energy expansion to provide reliable energy while supporting decarbonization.
U.S. pipeline operator Williams Companies Inc (WMB.N) announced that a consortium led by Blackstone (BX.N), including Apollo and KKR, will invest $5.34 billion for a 49% noncontrolling stake in five of its power generation projects. This investment includes $4.4 billion for growth capital expenditures and an additional $900 million to Williams. The transaction covers the Socrates, Apollo, Aquila, Socrates the Younger, and Neo projects, which are part of a larger portfolio of over 6 gigawatts of power projects being developed by Williams.
Williams (WMB) has secured a $5.34 billion joint-venture investment from Blackstone, along with Apollo and KKR-managed insurance vehicles, to finance five Power Innovation projects. Williams will retain a 51% ownership and operational control, while the transaction significantly reduces its capital exposure and lowers its 2026 leverage midpoint. The company also maintains a buyout right for long-term upside.
Williams (NYSE: WMB) stock rose 1% after announcing a $5.34 billion investment from Blackstone Credit & Insurance, Apollo, and KKR. This joint venture will support five Power Innovation projects, with Williams retaining a 51% interest and operational control. The agreement is set to fund growth, reduce capital exposure, and maintain the company's financial guidance for 2026.
The Williams Companies, Inc. (WMB) has reported a material event in an 8-K filing, announcing a joint venture financing agreement for its five Power Innovation projects. Blackstone Credit & Insurance, in partnership with Apollo and KKR, will provide $5.34 billion in committed capital for a 49% noncontrolling equity interest in these projects, including Socrates, Apollo, Aquila, Socrates the Younger, and Neo. Williams will retain a 51% interest and operational control, with the deal structured to provide efficient equity capital, reduce capital exposure, and maintain the company's financial flexibility, supporting its 2026 Adjusted EBITDA guidance and an updated leverage midpoint.
Williams (NYSE: WMB) has secured a $5.34 billion investment from Blackstone, in partnership with Apollo and KKR, for a 49% noncontrolling equity interest in five of its Power Innovation projects. This strategic partnership provides Williams with efficient equity capital to fund project growth, reduces capital exposure, and helps maintain its long-term leverage target. The investment highlights the value of Williams' energy infrastructure platform and supports the advancement of its 6+ GW backlog in power innovation.
Pipeline operator Williams has secured $5.34 billion from a Blackstone-led group. This funding is intended to support Williams's expansion into the power sector. The news highlights a significant investment in energy infrastructure.
RBC Capital has revised its price target for Blackstone (BX) to $161, down from the previous $173. Despite this adjustment, the firm has chosen to maintain an Outperform rating on the investment management company's stock. This update reflects RBC Capital's current assessment of Blackstone's valuation and future prospects.
Williams (WMB) shares rose after the company announced a $5.34 billion investment from Blackstone Credit & Insurance, Apollo, and KKR. This partnership involves the consortium acquiring a 49% noncontrolling equity interest in five major power projects, providing long-term funding and reducing Williams' capital commitments. Williams will retain a 51% stake and operational control, with the funding supporting the expansion of its Power Innovation portfolio while maintaining its financial guidance.
Evercore ISI has adjusted its price target for Blackstone (BX) to $140, down from the previous $145, while maintaining an "Outperform" rating on the stock. This update reflects a re-evaluation by the firm's analysts. Blackstone Inc. specializes in managing investment funds, insurance, and real estate assets, with over $1.2 trillion in assets under management by the end of 2025.
This article provides financial information for Fastly, Inc. Class A (BX:2Y7), specifically its enterprise value to EBITDA forward. It indicates that the company is listed on BX Swiss and highlights available financial data and market information through TradingView. The content primarily focuses on presenting a specific financial metric for the company.
Carnegie Investment Counsel significantly reduced its stake in Blackstone Inc. (NYSE:BX) by 31.6% in the first quarter, selling 13,351 shares and retaining 28,834 shares valued at $3.3 million. Despite mixed analyst ratings, with some price target adjustments both up and down, Blackstone maintains a "Moderate Buy" consensus. The company recently reported better-than-expected earnings and paid a quarterly dividend of $1.16.
Fifth Third Bancorp significantly increased its stake in Blackstone Inc. in the first quarter of 2026 by purchasing an additional 208,337 shares, bringing their total holdings to 280,117 shares valued at $32.21 million. Several other hedge funds also acquired new positions in Blackstone, while analysts have issued a mix of "Buy" and "Hold" ratings, with a consensus of "Moderate Buy" and an average target price of $147.10. The article also details recent insider transactions, Blackrock's financial performance, and its latest quarterly dividend.
Applied Finance Capital Management LLC has increased its stake in Verizon Communications Inc. (VZ) by 13.5% in the first quarter, making it their 8th largest holding. Verizon reported better-than-expected EPS of $1.28 but slightly missed revenue estimates, while declaring a quarterly dividend of $0.7075 per share, yielding 6.7% annualized. Analysts currently have a consensus "Hold" rating on the stock with an average target price of $50.28.
This article provides an overview of the performance of several private capital firms listed on global exchanges, highlighting the varied investor response to interest rate expectations and specific company fundamentals. KKR Real Estate Finance Trust and Carlyle saw positive gains due to dividend yields and a major sale, respectively, while Goldman Sachs BDC experienced a significant drop following a downgrade due to increasing non-performing loans. The report also mentions the negative performance of Mutares and Tamburi Investment Partners due to profit-taking.
Blackstone (BX) recently closed at $123.09, showing mixed short-term returns but strong long-term gains. Analysts' consensus fair value of $143.45 suggests the stock is undervalued, though there is a wide range in price targets. Despite being below the industry P/E, Blackstone's P/E of 31.7x is above its own fair ratio of 26.4x, indicating some valuation stretch.
Invesco recently reported strong preliminary month-end assets under management (AUM) of US$2.47 trillion, driven by significant net long-term inflows and money market inflows, despite foreign exchange headwinds. Concurrently, the company expanded its BulletShares Treasury Bond ETF range, indicating a growing focus on fixed income ETFs. While these developments reinforce Invesco's narrative for ETF-led AUM growth, investors should consider the ongoing risk of revenue yield compression as the company leans into lower-margin products.
The VanEck BDC Income ETF (BIZD) has reduced its July distribution by half to $0.24 per share due to pressures on its underlying business development companies (BDCs). This reduction reflects challenges like rate cuts and spread compression, with some key holdings already lowering dividends and others showing signs of potential future cuts. Despite this, Main Street Capital is noted as a strong performer providing stable income, and investors are advised to expect variable payouts from the ETF.
This article identifies several ETFs that invest in Brookfield Real Assets Income Fund Inc. of Benef. Interest stocks, also known by the ticker RA. It provides a table detailing these funds, including their market value, weight of RA stock in their portfolio, issuer, management style, expense ratio, AUM, price, change, relative volume, and 3-year NAV total return. The ETFs highlighted are Amplify CEF High Income ETF, Rareview Dynamic Fixed Income ETF, and First Trust Income Opportunities ETF.
Blackstone's stock (BX) appears reasonably valued when considering its intrinsic value through the Excess Returns model, suggesting it's slightly overvalued by about 6.2% at its current price near $123. However, based on earnings, the stock seems rich, trading at a P/E ratio of 31.7x compared to a peer average of 22.8x and its own fair P/E of 26.4x. This indicates that while its intrinsic value is close to fair, investors are paying a premium for its earnings relative to its industry and historical performance.
This article displays the "Price to sales forward" metric for Apollo Commercial Real Estate Finance, Inc. (BX:9A1). The content primarily serves as a financial data point within a larger financial platform, offering no additional narrative or analysis. It shows the company's identifier and indicates that the market was closed with no trades.
SFE Investment Counsel increased its stake in Blackstone Inc. by 27.1% during the first quarter, acquiring an additional 14,208 shares and bringing its total holdings to $7.67 million. The article also details other institutional investor activity, Blackstone's recent financial performance, and insider trading information, noting a significant sale by a major shareholder and a purchase by a director. Analyst ratings for Blackstone are divided, with a consensus of "Moderate Buy" and a price target of $147.10.
Sumitomo Mitsui Trust Group Inc. reduced its stake in Essex Property Trust, Inc. by 2.6% in the first quarter, selling 5,912 shares and retaining 223,756 shares valued at $54.1 million. Despite this reduction, other large institutional investors increased their holdings. The real estate investment trust reported mixed quarterly results and declared a quarterly dividend of $2.59 per share, maintaining an annualized yield of 3.5%.
Midwest Trust Co significantly increased its holdings in Blackstone Inc. (NYSE:BX) by 30.8% in the first quarter, adding 58,175 shares to its portfolio, bringing its total to 246,976 shares valued at $28.4 million. Other institutional investors like Vanguard Group, Morgan Stanley, and State Street Corp also adjusted their positions in Blackstone. The article highlights recent analyst ratings, financial performance, dividend information, and insider trading activity for Blackstone.
Blackstone Energy Transition Partners is acquiring Dresser Utility Solutions, a 146-year-old company specializing in metering and control equipment, from First Reserve. This acquisition marks the first investment from Blackstone's newest energy transition fund, aiming to modernize gas and water infrastructure. Dresser Utility Solutions' product catalog spans measurement, control, and repair products, with a growing focus on digital instrumentation and software capabilities.
Azzad Asset Management Inc. ADV significantly reduced its holdings in Essex Property Trust, Inc. (NYSE:ESS) by 73.6% in the first quarter of 2026, selling 4,697 shares and retaining 1,686 shares valued at $408,000. This comes alongside other institutional investors adjusting their stakes and an insider selling 600 shares, decreasing her ownership by over 20%. Despite these changes, the stock saw a 0.8% increase, and analysts have issued a mix of "Buy" and "Hold" ratings with a consensus target price of $293.03.
Blackstone's BCRED, a $45 billion private credit fund, faced an unprecedented prorated redemption after shareholder requests hit 10%. An investigation into its filings revealed alarming details, including significant exposure to Dropbox, a quadrupling of non-accrual loans, and the fact that the fund paid a $0.60 distribution despite earning $0.54 and having markdowns of $0.54. This article raises serious questions about the fund's stability and the broader private credit market, especially concerning the impact if new money inflows cease.
NextEra Energy's proposed $67 billion acquisition of Dominion Energy is poised to create a corporate "mega-utility" serving 10 million customers across four states. Critics, including the Open Markets Institute, argue this merger will concentrate significant political and economic power, potentially leading to higher electricity bills for consumers despite claims of savings. The deal is largely driven by the booming energy demand from data centers, particularly in Northern Virginia's "Data Center Alley," and requires regulatory approval at both state and federal levels, where public opposition and advocacy groups are mobilizing.
This article discusses the recent breakup of Honeywell into six publicly traded companies, analyzing the motivations behind such deconglomeration trends and speculating on which of the new entities might become outperformers. It also covers recent M&A activities in various sectors and a listener question about covered call strategy ETFs.
MGM Resorts International remained silent regarding Barry Diller's $18 billion buyout offer at a recent Nevada Gaming Control Board meeting. While executives discussed other matters like continuous public offerings and the company's financial health ahead of quarterly earnings, no new information was provided about the acquisition proposal. The board also addressed an issue with incorrect ownership percentages for the CityCenter project in a previous application, which MGM stated was an unintentional oversight.
Torray Investment Partners LLC increased its stake in Blackstone Inc. by 18.4% in the first quarter, bringing its total holdings to 165,160 shares valued at approximately $18.99 million. Analysts maintain a "Moderate Buy" consensus rating with an average price target of $147.10 despite some recent target adjustments. Blackstone reported strong Q1 earnings, beating EPS estimates and showing a 10% year-over-year revenue increase, while also distributing a $1.16 quarterly dividend.
Kestra Advisory Services LLC increased its stake in Blackstone Inc. (NYSE:BX) by 19.4% in the first quarter, adding 43,399 shares to reach a total of 267,390 shares valued at approximately $30.7 million. Insider buying was also strong, with major shareholders acquiring over 10.25 million shares worth about $209.8 million. Blackstone reported better-than-expected Q1 earnings of $1.36 per share, and analysts currently rate the stock as a "Moderate Buy" with a consensus price target of $147.10.
Jim Cramer is optimistic about Broadcom Inc. (AVGO), believing its stock will rebound, especially due to its expanded contract with Apple for ASIC development. UBS also reiterated a Buy rating, citing deals with Apollo, Blackstone, OpenAI, and Anthropic. Cramer suggested that Broadcom's performance could signal a broader market turnaround, despite some investor concerns about competition and margins.
Finance of America Companies Inc. (NYSE: FOA) has adopted a Second Amended and Restated Certificate of Incorporation, backed by the written consent of shareholders representing approximately 53.9% of total voting rights. This overhaul will reclassify Class B Common Stock to align one-for-one with LLC Units, simplify the voting structure, and extend duty-of-care exculpation to officers. The changes aim to enhance transparency, standardize governance with prevailing practices, and potentially reduce litigation costs, without diluting existing stockholders' economic interests.
A Blackstone affiliate sold the former Sun Sentinel printing press site in Deerfield Beach for $65 million to an entity linked to J.P. Morgan Asset Management. The sale of the 383,000-square-foot industrial warehouse for $170 per square foot more than doubled Blackstone's 2016 purchase price of $25.5 million. This deal is part of a larger trend of industrial dispositions by Blackstone and its subsidiary Link Logistics, which have exceeded $1 billion in South Florida.
Raymond James has reiterated an Outperform rating and a $137.00 price target for Charles Schwab Corp., citing strong momentum including account growth, net new assets, and elevated retail investor engagement. The firm notes tailwinds from interest rates and equity markets, driving revenue and EPS growth, and has revised near-term estimates upward. Despite this, the stock trades at an attractive valuation relative to growth, with a P/E ratio of 13 times its 2027 EPS estimate.
Private equity firms like Blackstone, Blue Owl Capital, and KKR are heavily investing in AI infrastructure, including data centers and power generation, as they anticipate that owning these foundational assets will be crucial for the AI boom. This strategy stems from the understanding that while AI models are a focus, the underlying infrastructure presents a more stable, long-term investment given the increasing compute costs and demands. These firms are positioning themselves to capitalize on the ongoing need for robust digital infrastructure, regardless of which specific AI models become dominant.
Drummond Rice has been appointed by Goldman Sachs to lead its financial institutions coverage in equity capital markets across the Americas. Rice is joining from Blackstone Inc., where he has worked since 2021, and will replace Erich Bluhm. His transition will finalize after the completion of the Jersey Mike’s Subs Inc. IPO process.
Drummond Rice of Blackstone Inc. is joining Goldman Sachs Group Inc. to spearhead the firm's financial institutions coverage in equity capital markets throughout the Americas. Rice will be replacing Erich Bluhm, who recently retired after an 18-year tenure at the investment bank. This move signifies a key leadership change in Goldman Sachs's IPO banking division.
BTIG initiated coverage on Digital Realty Trust (DLR) with a buy rating and a $215 price target, citing strong demand stemming from AI workloads. The firm highlighted that AI applications require significantly more power than traditional software, driving the need for purpose-built data centers. Digital Realty is also expanding through a $7.8 billion acquisition of three data centers from Blackstone and has shown strong year-to-date returns and a consistent dividend yield.
The article lists the top holdings of the Tema Alternative Asset Managers ETF (PRVT) as of July 2, 2026. It details the symbol, weight, shares, and market value for each of the top ten companies within the ETF. Companies such as Brookfield Corporation, Apollo Global Management Inc., and Blackstone Inc. are among the largest constituents.
Sumitomo Mitsui Trust Group Inc. reduced its stake in Blackstone Inc. by 3.8% in the first quarter of 2026, selling 63,571 shares and ending with 1.61 million shares valued at approximately $185.5 million. Despite this reduction, Blackstone maintains strong institutional backing, with 70% of its stock owned by institutional investors, and a "Moderate Buy" consensus rating from analysts with an average target price of $148. The company recently reported beating EPS estimates, paid a $1.16 per-share dividend, and saw significant insider buying activity.
Impax Asset Management has appointed Andrew Morris, former head of infrastructure equity at UBS Asset Management, as co-head of private equity infrastructure. This strategic hire brings over 20 years of experience to Impax's growing platform, strengthening its focus on energy transition, digital infrastructure, and sustainable real asset strategies. Morris's expertise from previous roles at UBS, Canada Pension Plan Investment Board, and RREEF Infrastructure will be crucial for sourcing, executing, and managing investments.
Griffin Asset Management Inc. reduced its stake in Blackstone Inc. (NYSE:BX) by 18.5% in the first quarter, now holding 71,537 shares valued at $8.23 million. Other institutional investors also adjusted their holdings, with 70% of the company's stock owned by institutional investors. Blackstone reported strong Q1 earnings and revenue growth, though its dividend payout ratio is high, and analysts maintain a "Moderate Buy" consensus rating with a $148 average price target.
The PRVT Stock Fund, also known as the Tema Alternative Asset Managers ETF (BOATS:PRVT), is an actively managed exchange-traded fund that focuses on companies deriving at least 50% of their revenues from alternative assets. With an inception date of October 1, 2025, and assets under management of $1.21 million USD, the fund invests in approximately 15 to 100 companies based on fundamental analysis and growth potential, and it has an expense ratio of 0.75%.
Digital Realty (DLR) is highlighted as a top data center stock, with 73% of analysts rating it a "Buy" and an average price target indicating a 25.79% upside. Barclays recently raised its price target for DLR due to increased hyperscale and AI demand. The company also set a price for a public offering of common stock related to Blackstone's acquisition of joint venture interests.
