Topic: The Blackstone Group Lp

Blackstone Now Bullish on Subprime?

SeekingAlpha - 1280 days ago
Not all the bears on subprime believe, as many seem to, that the housing crunch will lead inexorably to financial meltdown of biblical proportions. Blackstone, the private equity group, has raised $2bn for Bayview Financial, a distressed-mortgage servicer and fund manager in ...

The Post-Bear Bust Environment

Forbes - 1652 days ago
Up until a month ago, most stock and bond investors were convinced that the subprime mortgage slime was a small isolated cesspool with its own peculiar financing that would be contained and have no meaningful effects on their rock-solid investments. The deal ...