Blackstone In ‘Can You Top This’ Game?
A case of bragging rights or a business necessity? The Blackstone Group has gotten private industry players scratching their collective heads upon hearing that the p.e. giant has delayed the expected close of its latest fund, Blackstone Capital Partners V, originally scheduled for March 31, in order to get its limited partners to up the ceiling of the projected $13.5 billion by $1 billion to $14.5 billion.
May 1, 2006