Private Equity

Blackstone to buy stake in private equity rival BC Partners

Blackstone’s Strategic Capital Group, which buys stakes in other private equity firms, is investing €500m in BC

Blackstone Group is taking a stake in BC Partners, the latest in a string of deals for slices of buyout firms.

Blackstone’s Strategic Capital Group, which buys stakes in other private equity firms, is investing €500m ($560m) in BC Partners for a 10% to 15% stake, according to people familiar with the matter. The deal may be announced as early as Tuesday.

WSJ Logo
Ray Dalio Sells Last Stake in Bridgewater, the Hedge Fund That Made Him a BillionaireExternal link

Ray Dalio Sells Last Stake in Bridgewater, the Hedge Fund That Made Him a Billionaire