BX

Alida Brings Deeper AI, Analytics, and CXM Integrations to Fall 2021 Product Release

Retrieved on: 
Tuesday, October 26, 2021
Professional Services, Marketing, Data Management, Communications, Technology, Human Resources, Software, CX, CRMS, EX, J.Crew, ERPs, Workflow, Update, Twitter, Organization, Human, PX, Industrial and production engineering, Alida (software company), Review, Total Experience Records, Social media, BX, DE, CXM, Multimedia, Documentation, Program, Solution, Customer experience, UI, Particle-size distribution, Product, Risk management, Public relations, Sales, Customer service

Alida, a visionary leader in Total Experience Management (TXM), today delivered its Fall 2021 product release .

Key Points: 
  • Alida, a visionary leader in Total Experience Management (TXM), today delivered its Fall 2021 product release .
  • Alida brings new capabilities in customer experience (CX), employee experience (EX), product experience (PX), and brand experience (BX).
  • New product features include AI-driven text analytics and dashboards, improvement to administrative tasks for Alida Touchpoint users, and easier integration into 100s of third party customer systems.
  • View the full release here: https://www.businesswire.com/news/home/20211026005373/en/
    Todays release builds on our market-leading Customer Experience Management (CXM) products and services, said Riaz Raihan, President of Products & Engineering at Alida.

Blackstone Real Estate Income Trust Completes Acquisition of WPT Industrial Real Estate Investment Trust

Retrieved on: 
Wednesday, October 20, 2021
NEW, WPT, Report of the Special Committee on the Termination of the National Emergency, Blake, Cassels & Graydon, BofA Securities, Simpson Thacher & Bartlett, GLA, Trust, US, Transaction, Security (finance), Unit, U.S. Securities and Exchange Commission, Private Securities Litigation Reform Act, NYSE, Toronto Stock Exchange, Terminology, Goodmans, TSX, Communication, Income, BX, Committee, Goldman Sachs, Intention, News, Acquisition, BMO Capital Markets, Vinson & Elkins, GLOBE, Financial services, Risk management

Blackstone Real Estate Income Trust, Inc. (BREIT) is a perpetual-life, institutional quality real estate investment platform that brings private real estate to income focused investors.

Key Points: 
  • Blackstone Real Estate Income Trust, Inc. (BREIT) is a perpetual-life, institutional quality real estate investment platform that brings private real estate to income focused investors.
  • BREIT invests primarily in stabilized, income-generating U.S. commercial real estate across key property types and to a lesser extent in real estate debt investments.
  • BREIT is externally managed by a subsidiary of Blackstone (NYSE: BX), a global leader in real estate investing.
  • WPT Industrial Real Estate Investment Trust is an unincorporated, open-ended real estate investment trust established pursuant to a declaration of trust under the laws of the Province of Ontario.

Blackstone Real Estate Income Trust Completes Acquisition of WPT Industrial Real Estate Investment Trust

Retrieved on: 
Wednesday, October 20, 2021
REIT, Finance, Professional Services, Commercial Building & Real Estate, Construction & Property, WPT, Report of the Special Committee on the Termination of the National Emergency, Blake, Cassels & Graydon, BofA Securities, Simpson Thacher & Bartlett, GLA, Trust, US, Transaction, Security (finance), Unit, U.S. Securities and Exchange Commission, Private Securities Litigation Reform Act, NYSE, Toronto Stock Exchange, Terminology, Goodmans, TSX, Communication, Income, BX, Committee, Goldman Sachs, Intention, News, Acquisition, BMO Capital Markets, Vinson & Elkins, Financial services, Risk management

Blackstone Real Estate Income Trust, Inc. (BREIT) announced that an affiliate has completed its acquisition of WPT Industrial Real Estate Investment Trust (TSX: WIR.U; WIR.UN) (OTCQX: WPTIF) (WPT) in a series of transactions that resulted in unitholders receiving US$22.00 per outstanding unit of WPT (collectively, Units) (subject to applicable withholdings) in an all-cash transaction valued at US$3.2 billion, including the assumption of debt (the Transaction).

Key Points: 
  • Blackstone Real Estate Income Trust, Inc. (BREIT) announced that an affiliate has completed its acquisition of WPT Industrial Real Estate Investment Trust (TSX: WIR.U; WIR.UN) (OTCQX: WPTIF) (WPT) in a series of transactions that resulted in unitholders receiving US$22.00 per outstanding unit of WPT (collectively, Units) (subject to applicable withholdings) in an all-cash transaction valued at US$3.2 billion, including the assumption of debt (the Transaction).
  • Blackstone Real Estate Income Trust, Inc. (BREIT) is a perpetual-life, institutional quality real estate investment platform that brings private real estate to income focused investors.
  • BREIT invests primarily in stabilized, income-generating U.S. commercial real estate across key property types and to a lesser extent in real estate debt investments.
  • WPT Industrial Real Estate Investment Trust is an unincorporated, open-ended real estate investment trust established pursuant to a declaration of trust under the laws of the Province of Ontario.

Vik Sawhney Joins Boards of Trustees of Blackstone Credit BDCs

Retrieved on: 
Tuesday, October 19, 2021
Finance, Consulting, Banking, Professional Services, Other Professional Services, Harvard Law School, Deutsche Bank, AUM, Penn State Board of Trustees, NYSE, Investment Company Act of 1940, Simpson Thacher & Bartlett, Board, Private equity, BDC, CEO, Rockefeller, BX, Dartmouth College, SEC, Rockefeller Foundation, Trustee, Investment, Bank, Security (finance), Blackstone Private Credit Fund, Blackstone Secured Lending Fund, BLACKSTONE PRIVATE CREDIT FUND, BLACKSTONE SECURED LENDING FUND

Blackstone Private Credit Fund (BCRED) and Blackstone Secured Lending Fund (BXSL), Blackstone Credits business development companies (BDCs), today announced the appointment of Vik Sawhney to their Boards of Trustees.

Key Points: 
  • Blackstone Private Credit Fund (BCRED) and Blackstone Secured Lending Fund (BXSL), Blackstone Credits business development companies (BDCs), today announced the appointment of Vik Sawhney to their Boards of Trustees.
  • Commenting on the appointment, Brad Marshall, Co-head of Blackstone Credits Performing Credit Platform and CEO of both BCRED and BXSL, said: Were excited to welcome Vik to the Boards of our BDCs.
  • Mr. Sawhney represented Blackstone as a Rockefeller Fellow from 2010 to 2011, and currently sits on the Board of the Blackstone Charitable Foundation.
  • BXSL is externally managed by Blackstone Credit BDC Advisors LLC, an SEC-registered investment company that is an affiliate of Blackstone Inc. (formerly, The Blackstone Group Inc.).

KBRA Assigns Preliminary Ratings to BX 2021-XL2

Retrieved on: 
Tuesday, October 12, 2021
Professional Services, Finance, Engineering, CMBS, KBRA, KLTV, LIBOR, NCF, BX, Bond, ALA, Bank

Kroll Bond Rating Agency (KBRA) announces the assignment of preliminary ratings to seven classes of BX 2021-XL2, a CMBS single-borrower securitization.

Key Points: 
  • Kroll Bond Rating Agency (KBRA) announces the assignment of preliminary ratings to seven classes of BX 2021-XL2, a CMBS single-borrower securitization.
  • The floating rate loan has an initial two-year term with three one-year extension options and requires monthly interest-only payments based on one-month LIBOR.
  • In addition, KBRA also relied on its Global Structured Finance Counterparty Methodology for assessing counterparty risk in this transaction, to the extent deemed applicable.
  • To access ratings and relevant documents, click here .

Blackstone and Hipgnosis Song Management launch $1 billion partnership to invest in songs, recorded music, music IP and royalties

Retrieved on: 
Tuesday, October 12, 2021
Other Communications, Finance, Entertainment, Consulting, Banking, Communications, Professional Services, Other Entertainment, Music, Other Professional Services, Hipgnosis, Publishing, HSM, Music, Deloitte, BX, Nile Rodgers, Ownership, LSE, Merck, Financial adviser, Goldman Sachs, FTI, Industry, RBC, The Advisory Board Company, Data science, Senior, Knowledge, CEO, NYSE, Merck Mercuriadis, Partnership, Blackstone, Hipgnosis Song Management Ltd, BLACKSTONE, HIPGNOSIS SONG MANAGEMENT LTD

Blackstone (NYSE: BX) and Hipgnosis Song Management Ltd (HSM) today announce a new partnership, backed by funds managed by Blackstone, which will initially deliver c.$1 billion to acquire music rights and manage catalogues.

Key Points: 
  • Blackstone (NYSE: BX) and Hipgnosis Song Management Ltd (HSM) today announce a new partnership, backed by funds managed by Blackstone, which will initially deliver c.$1 billion to acquire music rights and manage catalogues.
  • Merck Mercuriadis, CEO of Hipgnosis Song Management, said: Hipgnosis Song Management has firmly established songs as an asset class.
  • This new partnership will provide new co-investment opportunities for SONG, and we expect that continued investment in Hipgnosis Song Management will enhance returns for our investors.
  • Hipgnosis Song Management Ltd, formerly The Family (Music) Ltd is the Investment Advisor for Hipgnosis Songs Fund Ltd (SONG).

Blackstone Hires Global Head of ESG for Private Equity

Retrieved on: 
Thursday, October 7, 2021
Consulting, Banking, Professional Services, Finance, Twitter, ESG, Deloitte, BX, Head, Carbon, University, Ownership, MS, Program, MBA, Growth, Investment, High performance organization, Binghamton University, Computer science, Policy, Ross School of Business, Ross School, Private equity, NYSE, Environmental policy, BS, Hotel manager, Acquisition, Strategic management, University of Michigan, Sustainability, Renewable energy, Financial services, Management

Blackstone (NYSE:BX) today announced that Amisha Parekh has joined the firm as Global Head of ESG for Private Equity.

Key Points: 
  • Blackstone (NYSE:BX) today announced that Amisha Parekh has joined the firm as Global Head of ESG for Private Equity.
  • Joseph Baratta, Global Head of Private Equity, said: Executing against our ESG efforts and creating positive impact across our portfolio is imperative to delivering value to our clients.
  • Amisha Parekh, Global Head of ESG for Private Equity, said: I look forward to deploying Blackstones scale and expertise to help drive value for our investors by creating impact across our Private Equity portfolios.
  • Our $684 billion in assets under management include investment vehicles focused on private equity, real estate, public debt and equity, life sciences, growth equity, opportunistic, non-investment grade credit, real assets and secondary funds, all on a global basis.

Bancambios Chooses Solana Blockchain to Build its Impact-driven DeFi Platform

Retrieved on: 
Sunday, October 3, 2021
Bitcoin, Decentralized finance, Bank, Biodiversity, Language, Record, IGNITION, The Forecast, Decentralized autonomous organization, Financial technology, DAO, CEO, Goal, Blockchain, Technology, Traction, NFT, Non-fungible token, Ecosystem, United, BX, GLOBE, Cryptocurrency, Online shopping

Dubai, UAE, Oct. 03, 2021 (GLOBE NEWSWIRE) -- (via Blockchain Wire )The long-awaited launch of the Bancambios DeFi project is here.

Key Points: 
  • Dubai, UAE, Oct. 03, 2021 (GLOBE NEWSWIRE) -- (via Blockchain Wire )The long-awaited launch of the Bancambios DeFi project is here.
  • The token, (ticker: BX), will be minted on top of the Solana blockchain, the initial invitation to participate would be released to the Solana and the DeFi community at first.
  • The token, (ticker: BX), will be minted on top of the Solana blockchain, the initial invitation to participate would be released to the Solana and the DeFi community at first.
  • The CEO of Bancambios has stated that building their platform on the Solana blockchain will help achieve the normalization of the use of Web3, a key priority on the road to facilitating the globalization of DeFi.

Simpli.fi, a Leading Programmatic Advertising Platform, Announces Completion of Significant Investment from Blackstone at $1.5 Billion Valuation

Retrieved on: 
Friday, October 1, 2021
Blackstone, LLP, Kirkland & Ellis, GTCR, Solution, ROI, Workflow, CTV, Advertising, Simpson Thacher & Bartlett, Financial services, Twitter, CEO, Acquisition, Entrepreneurship, Health care, Organization, NYSE, BX, NEW, Budget, Sales, Management

The investment, made through Blackstone's flagship private equity vehicle, values the company at approximately $1.5 billion.

Key Points: 
  • The investment, made through Blackstone's flagship private equity vehicle, values the company at approximately $1.5 billion.
  • Each month, the company's innovative programmatic advertising platform powers over 120,000 CTV, mobile, and other digital campaigns for 30,000 active advertisers.
  • "We are thrilled to embark upon this next chapter for Simpli.fi as we welcome Blackstone as a new partner," said Frost Prioleau, Co-Founder and CEO of Simpli.fi.
  • Simpli.fi is a leading provider of workflow software and programmatic advertising solutions, serving over 1,400 agencies, advertisers, and media buying organizations.

AdvisorEngine Grows Leadership Team

Retrieved on: 
Thursday, September 30, 2021
Professional Services, Small Business, Technology, Mobile, Wireless, Software, Finance, Consulting, Franklin Templeton Investments, Financial plan, Product marketing, Practice management, Solution, Head, TD, BEN, Â, LinkedIn, Din, CRM, Twitter, Growth, CIO, Leadership, Technology, Creativity, Product, American Banker, BX, NYSE, CX, Industry, Financial adviser, Public relations, Financial services

He is a thoughtful leader dedicated to serving the investment advisor community, and we are thrilled to welcome him to our team.

Key Points: 
  • He is a thoughtful leader dedicated to serving the investment advisor community, and we are thrilled to welcome him to our team.
  • I have admired the AdvisorEngine team for years, so its an honor to have this opportunity.
  • AdvisorEngine has a driven team and a special platform, said Esfehani.
  • Based in New York, NY, and Raleigh, NC, the AdvisorEngine team strives to fulfill six ideals through their work: camaraderie, clarity, curiosity, creativity, crushing it, and celebration.