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Bloomberg99d agoneutral
Apollo, Blackstone Weigh $35 Billion Financing for Broadcom

(Bloomberg) -- Apollo Global Management Inc. and Blackstone Inc. are among private credit lenders involved in talks with chipmaker Broadcom Inc. over a roughly $35 billion financing, the latest indication that companies are mobilizing all sources of capital to fund the AI build-out. Most Read from BloombergBillionaire Duke of Westminster to Sell £700 Million of US Real Estate AssetsSony to Pay Almost $4 Billion for Bieber, Neil Young CatalogUS Fires on Iranian Targets as Trump Demands Deal From

Iran War Tests Wall Street Firms’ Addiction to Mideast Money
Bloomberg99d agoneutral
Iran War Tests Wall Street Firms’ Addiction to Mideast Money

(Bloomberg) -- It was the question Mubadala Investment Co.’s Camilla Languille couldn’t escape all week.Most Read from BloombergBillionaire Duke of Westminster to Sell £700 Million of US Real Estate AssetsUS Fires on Iranian Targets as Trump Demands Deal From TehranSony to Pay Almost $4 Billion for Bieber, Neil Young CatalogIran’s President Says He Had Meeting With Injured Supreme LeaderApple’s Camera-Equipped AirPods Reach Late Testing in AI Device PushLegions of private market executives, deep

Trump-Xi Summit Stays on Track Despite China’s Iran Concerns
Bloomberg100d agoneutral
Trump-Xi Summit Stays on Track Despite China’s Iran Concerns

(Bloomberg) -- President Donald Trump is forging ahead with plans to hold a summit with counterpart Xi Jinping next week in Beijing, despite unease among Chinese officials about holding the high-stakes meeting before the war in Iran is resolved. Most Read from BloombergBillionaire Duke of Westminster to Sell £700 Million of US Real Estate AssetsDOJ Plans Intervention in Trump Supreme Court Carroll AppealUS Has Opened a Passage Through Hormuz, Central Command SaysSony to Pay Almost $4 Billion for

Trump-Xi Summit Stays on Track Despite China's Iran Concerns
Bloomberg100d agoneutral
Trump-Xi Summit Stays on Track Despite China's Iran Concerns

(Bloomberg) -- President Donald Trump is forging ahead with plans to hold a summit with counterpart Xi Jinping next week in Beijing, despite unease among Chinese officials about holding the high-stakes meeting before the war in Iran is resolved. Most Read from BloombergBillionaire Duke of Westminster to Sell £700 Million of US Real Estate AssetsDOJ Plans Intervention in Trump Supreme Court Carroll AppealUS Has Opened a Passage Through Hormuz, Central Command SaysSony to Pay Almost $4 Billion for

Trump-Xi Summit Stays on Track Despite China’s Iran Concerns
Bloomberg100d agoneutral
Trump-Xi Summit Stays on Track Despite China’s Iran Concerns

(Bloomberg) -- President Donald Trump is forging ahead with plans to hold a summit with counterpart Xi Jinping next week in Beijing, despite unease among Chinese officials about holding the high-stakes meeting before the war in Iran is resolved. Most Read from BloombergBillionaire Duke of Westminster to Sell £700 Million of US Real Estate AssetsUS Has Opened a Passage Through Hormuz, Central Command SaysDOJ Plans Intervention in Trump Supreme Court Carroll AppealSony to Pay Almost $4 Billion for

New Blackstone REIT to offer pure-play data center exposure
TheStreet100d agoneutral
New Blackstone REIT to offer pure-play data center exposure

Those who live and die by the staying power of the AI boom might soon have a pure-play way to gain exposure to the data center category. Last week, Blackstone filed to debut a brand new data center REIT, the Blackstone Digital Infrastructure Trust ($BXDC). The fresh listing will open up the private ...

Bloomberg100d agobullish
Blue Owl Prepares First Fund to Buy Secondhand Private Credit

(Bloomberg) -- Blue Owl Capital is preparing to launch a debut credit secondaries strategy and is in early-stage talks with prospective investors for the fund, according to a person familiar with the matter.Most Read from BloombergUS Has Opened a Passage Through Hormuz, Central Command SaysDOJ Plans Intervention in Trump Supreme Court Carroll AppealBillionaire Duke of Westminster to Sell £700 Million of US Real Estate AssetsChina Asks Banks to Pause New Loans to US-Sanctioned RefinerSony to Pay

Blackstone’s US$1.5b Anthropic JV Tests AI Across Its Portfolio
Simply Wall St.101d agoneutral
Blackstone’s US$1.5b Anthropic JV Tests AI Across Its Portfolio

Blackstone (NYSE:BX) is leading a US$1.5b AI joint venture with Anthropic, Goldman Sachs, and Hellman & Friedman. The partnership aims to deploy generative AI, including Claude, across hundreds of portfolio and enterprise companies. The venture is set up as a standalone company focused on engineering and product development for enterprise AI use cases. For a firm known primarily for private equity, credit, and real estate, this move places Blackstone directly in the middle of how generative...

Jim Cramer Says “I’m Interested in Buying More Blackstone”
Insider Monkey101d agobullish
Jim Cramer Says “I’m Interested in Buying More Blackstone”

Blackstone Inc. (NYSE:BX) was one of the stocks Jim Cramer looked at during Mad Money’s episode. When a caller asked about the stock during the episode, Cramer said: Okay, and I’ve gotta tell you something… I like Blackstone very much. I just… watched Jonathan Gray today talking to David Faber. I think it’s a really […]

Bloomberg101d agoneutral
Apollo Sees Assets Top $1 Trillion for the First Time Ever

(Bloomberg) -- Apollo Global Management Inc. eclipsed $1 trillion of assets under management on record first-quarter inflows and reported earnings that beat Wall Street estimates.Most Read from BloombergUS Has Opened a Passage Through Hormuz, Central Command SaysUS Says Offensive Phase of Iran War Over as Ship Hit in StraitAnthropic Unveils AI Agents to Field Financial Services TasksDOJ Plans Intervention in Trump Supreme Court Carroll AppealTrump Pauses Plan to Guide Ships While Seeking Iran De

This Big Private-Credit Fund Is Riskier Than It Looks
Barrons.com102d agoneutral
This Big Private-Credit Fund Is Riskier Than It Looks

As individual investors bail from many private-credit funds, Ares Capital remains an investor favorite. The $30 billion Ares fund, often referred to by its ticker symbol ARCC, is the largest publicly traded business development company—a form of private-credit fund exempt from corporate tax. Ares Capital differs from other high-rated BDCs in riskier ways.