The Blackstone Group
Blackstone Appoints New Executive
Industry vet Kelley Morrell joins the company as managing director & head of asset management for the Tactical Opportunities business.
Compass Appoints New CFO
Craig Anderson joins Compass following David Snider’s surprising return to Bain Capital. Anderson previously held senior roles at Flywheel Sports and Blackstone.
Blackstone to Buy Energy MLP Specialists
The group is acquiring Harvest Fund Advisors, an independent investment management firm with more than $10 billion in assets under its umbrella.
Blackstone Buys Majority Stake in Massive Portfolio
The $35.2 billion worth of real estate properties and loans will be transferred to a new company that will be co-owned by the New York City-based firm and Banco Popular.
Meet Blackstone’s New Leader of Infrastructure
A 25-year veteran of General Electric Power, Stephen Bolze will be partnering with portfolio company CEOs to drive value creation initiatives for the business.
GATX Moves to Chicago’s Willis Tower
NKF’s Vice Chairman Melissa Copley negotiated the 90,000-square-foot lease at Chicago’s iconic tower. The tenant will relocate its global headquarters from 222 W. Adams St.
Blackstone Buys Clarion Events
Established in 1947, the London-based event organizer boasts roughly 950 employees in 13 offices across the globe. The transaction includes an option for Clarion to reinvest part of the disposition proceeds into the events company.
Axel Springer Sells Berlin Assets for $865M
A Norwegian sovereign wealth fund is the new owner of the German publisher’s future headquarters, while a Blackstone joint venture acquired the company’s current home.
Blackstone Sells Office Portfolio for $101M
JLL’s Capital Markets team advised the company in the transaction, which included three downtown Boulder, Colo., buildings totaling more than 216,000 square feet.
Blackstone to Acquire Leading Exhibit Space Provider
The company will be joined by Firestone Investments in the acquisition of International Market Centers. The transaction is on track to close in the third quarter of 2017.