BX | Jotup

Blackstone to Present at Morgan Stanley’s US Financials, Payments and CRE Conference

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星期四, 五月 30, 2024

Banking, Professional Services, Finance, BX, Conference, Shareholder, Entrepreneurship

Blackstone (NYSE:BX) announced today that Stephen Schwarzman, Chairman, CEO and Co-Founder is scheduled to present at Morgan Stanley’s US Financials, Payments and CRE Conference on Tuesday, June 11, 2024 at 12pm ET.

Key Points:

Blackstone (NYSE:BX) announced today that Stephen Schwarzman, Chairman, CEO and Co-Founder is scheduled to present at Morgan Stanley’s US Financials, Payments and CRE Conference on Tuesday, June 11, 2024 at 12pm ET.
A live webcast of the presentation will be available on the Shareholders section of Blackstone’s website at http://ir.blackstone.com .
For those unable to listen to the live webcast, a replay will be available on Blackstone’s website shortly after the event.

Blackstone Life Sciences Launches Uniquity Bio to Develop Novel Medicines in Immunology & Inflammation

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星期三, 五月 15, 2024

Blackstone (NYSE:BX) today announced the launch of the Blackstone Life Sciences (“Blackstone”) portfolio company Uniquity Bio , a clinical-stage drug development company focused on immunology and inflammation.

Key Points:

Blackstone (NYSE:BX) today announced the launch of the Blackstone Life Sciences (“Blackstone”) portfolio company Uniquity Bio , a clinical-stage drug development company focused on immunology and inflammation.
“Our investment in Uniquity Bio illustrates Blackstone Life Sciences’ commitment to finding, developing and delivering potentially transformative medicines to patients around the world,” said Nicholas Galakatos, Ph.D., Global Head of Blackstone Life Sciences.
With Blackstone Life Sciences supporting the company’s capital requirements, Uniquity Bio has a unique and sustainable business model that supports the parallel development of high-potential medicines along with a range of collaboration structures for maximum value.
“I’m confident that our work will deliver new and highly valuable medicines to people living with immune-mediated diseases.”

Blackstone to Present at Bernstein’s 40th Annual Strategic Decisions Conference

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星期三, 五月 15, 2024

Asset Management, Professional Services, Finance, BX, Conference, Shareholder

Blackstone (NYSE:BX) announced today that Jon Gray, President and Chief Operating Officer, is scheduled to present at Bernstein’s 40th Annual Strategic Decisions Conference on Wednesday, May 29, 2024 at 10:00am ET.

Key Points:

Blackstone (NYSE:BX) announced today that Jon Gray, President and Chief Operating Officer, is scheduled to present at Bernstein’s 40th Annual Strategic Decisions Conference on Wednesday, May 29, 2024 at 10:00am ET.
A live webcast of the presentation will be available on the Shareholders section of Blackstone’s website at http://ir.blackstone.com .
For those unable to listen to the live webcast, a replay will be available on Blackstone’s website shortly after the event.

APARTMENT INCOME REIT INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Apartment Income REIT Corp. - AIRC

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星期五, 五月 10, 2024

Class Action Lawsuit, Professional Services, Legal, BX, Aimco, AIRC, Blackstone Inc., KSF, Sale

and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Apartment Income REIT Corp. (NYSE: AIRC) to Blackstone Inc. (NYSE: BX).

Key Points:

and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Apartment Income REIT Corp. (NYSE: AIRC) to Blackstone Inc. (NYSE: BX).
Under the terms of the proposed transaction, shareholders of Apartment Income will receive $39.12 in cash for each share of Apartment Income that they own.
KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.
To learn more about KSF, whose partners include the Former Louisiana Attorney General, visit www.ksfcounsel.com .

Blackstone Appoints Philip Sherrill as Global Head of Insurance

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星期二, 五月 7, 2024

Asset Management, Professional Services, Insurance, Finance, Goldman Sachs, Blackstone Credit, Harvard College, Social studies, BX, Financial adviser

Blackstone (NYSE:BX) today announced the appointment of Philip Sherrill as Global Head of Insurance.

Key Points:

Blackstone (NYSE:BX) today announced the appointment of Philip Sherrill as Global Head of Insurance.
In his new role, Mr. Sherrill will focus on growing the firm’s insurance platform globally, working closely with Gilles Dellaert, Global Head of Blackstone Credit & Insurance.
Blackstone’s insurance platform has tripled in size since 2020, recently surpassing $200 billion in assets under management.
Gilles Dellaert, Global Head of Blackstone Credit & Insurance, said: “We are very pleased to welcome Phil to Blackstone as Global Head of Insurance.

RevOpsis Welcomes Dr. Emmett Cunningham to Strategic Advisory Board

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星期五, 五月 3, 2024

FDA, Claros, Investment, SAB, Publication, Central Waqf Council, Therapy, Senior, Acquisition, Health, BX, Biotechnology, Ophthalmology, SAN, Partnership

SAN CARLOS, Calif., May 3, 2024 /PRNewswire/ -- RevOpsis Therapeutics, a next-generation biopharmaceutical company spearheading innovation in ophthalmic therapies, announced today the appointment of Dr. Emmett Cunningham to its Strategic Advisory Board (SAB) and as a private investor. Dr. Cunningham, a distinguished figure in the ophthalmic and investment communities, brings more than twenty years of experience as a full-time entrepreneur and investor to his new role with RevOpsis.

Key Points:

SAN CARLOS, Calif., May 3, 2024 /PRNewswire/ -- RevOpsis Therapeutics, a next-generation biopharmaceutical company spearheading innovation in ophthalmic therapies, announced today the appointment of Dr. Emmett Cunningham to its Strategic Advisory Board (SAB) and as a private investor.
"I am honored to join RevOpsis as an early investor and Strategic Advisory Board member."
"I am honored to join RevOpsis as an early investor and Strategic Advisory Board member.
"We are excited to welcome Dr. Emmett Cunningham to our Strategic Advisory Board," said RevOpsis interim CEO Dr. Ram Bhandari.

KBRA Assigns Preliminary Ratings to BX 2024-MDHS

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星期二, 四月 30, 2024

Finance, Data Analytics, Professional Services, Other Professional Services, Insurance, Tenant, KLTV, Engineering, KBRA, CMBS, BX, Telescopic sight

KBRA announces the assignment of preliminary ratings to six classes of BX 2024-MDHS, a CMBS single-borrower securitization.

Key Points:

KBRA announces the assignment of preliminary ratings to six classes of BX 2024-MDHS, a CMBS single-borrower securitization.
The collateral for the transaction is a $1.38 billion floating rate, interest-only mortgage loan.
The loan has an initial two-year term with three, one-year extension options and requires monthly interest-only payments based on an expected SOFR cap of 5.50%.
In total, the portfolio contains 17.1 million sf and is located in 15 states throughout the US.

Blackstone Real Estate Completes Privatization of Tricon

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星期三, 五月 1, 2024

Blackstone (NYSE: BX) and Tricon Residential Inc. (NYSE: TCN, TSX: TCN) (“Tricon” or the “Company”) today announced the closing of the previously-announced statutory plan of arrangement under the Business Corporations Act (Ontario) pursuant to which Blackstone Real Estate Partners X (“BREP X”), together with Blackstone Real Estate Income Trust, Inc. (“BREIT”), acquired all of the outstanding common shares of Tricon (“Common Shares”) for $11.25 per Common Share in cash (the “Transaction”) for a total equity transaction value of $3.5 billion.

Key Points:

Blackstone (NYSE: BX) and Tricon Residential Inc. (NYSE: TCN, TSX: TCN) (“Tricon” or the “Company”) today announced the closing of the previously-announced statutory plan of arrangement under the Business Corporations Act (Ontario) pursuant to which Blackstone Real Estate Partners X (“BREP X”), together with Blackstone Real Estate Income Trust, Inc. (“BREIT”), acquired all of the outstanding common shares of Tricon (“Common Shares”) for $11.25 per Common Share in cash (the “Transaction”) for a total equity transaction value of $3.5 billion.
"This transaction marks an exciting new chapter in Tricon’s history, one poised to deliver exceptional outcomes for our residents," said Gary Berman, President & CEO of Tricon.
Please see the Circular for a discussion of certain Canadian and U.S. federal income tax considerations relating to the Transaction.
Morgan Stanley & Co. LLC and RBC Capital Markets acted as financial advisors to Tricon.

Blackstone Credit and Insurance appoints Dan Leiter as Head of International

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星期三, 四月 24, 2024

Asset Management, Professional Services, Insurance, Finance, University, International, Investment, Blackstone Credit, Business administration, Business, Private credit, Middlebury College, Lisp (programming language), BX, Growth, Head

Blackstone (NYSE:BX) today announced the appointment of Dan Leiter as Head of International for Blackstone Credit and Insurance (BXCI).

Key Points:

Blackstone (NYSE:BX) today announced the appointment of Dan Leiter as Head of International for Blackstone Credit and Insurance (BXCI).
Additionally, Michael Carruthers is appointed as European Head of Private Credit, reporting to Mr. Leiter.
Blackstone is one of the world’s leading credit investors with nearly $420 billion in assets under management across corporate and real estate credit.
In Europe, we are delighted to also have Mike lead our private credit team.”
Dan Leiter said: “I am thrilled to join Blackstone Credit and Insurance to oversee the firm’s efforts to further capitalize on the international opportunity set.

APARTMENT INCOME REIT INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Apartment Income REIT Corp. - AIRC

Retrieved on:

星期二, 四月 9, 2024

Class Action Lawsuit, Professional Services, Legal, KSF, Blackstone Inc., BX, AIRC, Aimco, Sale

and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Apartment Income REIT Corp. (NYSE: AIRC) to Blackstone Inc. (NYSE: BX).

Key Points:

and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Apartment Income REIT Corp. (NYSE: AIRC) to Blackstone Inc. (NYSE: BX).
Under the terms of the proposed transaction, shareholders of Apartment Income will receive $39.12 in cash for each share of Apartment Income that they own.
KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.
To learn more about KSF, whose partners include the Former Louisiana Attorney General, visit www.ksfcounsel.com .