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This article first appeared on GuruFocus. Blackstone (NYSE:BX) is making a bold push into the utility-equipment landscape by acquiring MacLean Power Systems and merging it with Power Grid Components.

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Blackstone (NYSE: BK) continues to expand its daat center footprint as artificial intelligence elevates demand for these buildings. Lenders also feel optimistic about data centers, based on Blackstone ...

Blackstone (BX) is approaching a more than $4B deal to buy utility-parts maker MacLean Power Systems from Centerbridge Partners, according to a media report on Wednesday. An announcement on the ...

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Kathleen McCarthy is departing Blackstone after a 15-year run and nearly eight years as global co-head of real estate, according to a LinkedIn post Tuesday morning by the industry veteran. “After 15 ...

Real estate giant Blackstone has been quietly unloading most of its senior housing properties after pandemic-era hurdles and high interest rates have led to severe losses. The firm began selling off ...

Blackstone Inc. has transformed into a global asset management leader, surpassing $1.2 trillion in AUM and expanding its fee-based income model. BX's pivot to stable, fee-driven revenue streams, ...

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Blackstone aims to benefit from rising capital-markets activity by taking more portfolio companies public on the heels of three such initial public offerings in the past few months. “Our IPO pipeline ...

Blackstone Inc. has amassed $508 billion of assets in credit as the private capital giant targets higher-grade debt investing. The New York-listed firm announced an 18% year-on-year increase in assets ...