Blackstone and Macquarie on Friday dismissed as 'completely false' an Italian newspaper report about possible ownership changes at the companies. The report had suggested that Macquarie was considering acquiring a stake in Blackstone. Both firms denied any discussions or plans for ownership changes. The news caused a brief dip in Blackstone's stock, but it quickly rebounded as investors recognized the report's inaccuracy.
In other news, Blackstone Inc. has successfully raised $8 billion from institutional investors in the first close of its fresh direct lending fundraise. The fund will be used to provide direct loans to companies, bypassing traditional banking channels. This fundraising round demonstrates the strong demand for alternative lending options and Blackstone's ability to attract institutional investors.
Blackstone is also making plans to borrow hundreds of millions of dollars to increase the investment capacity of its flagship private credit fund. By borrowing additional funds, Blackstone aims to take advantage of attractive investment opportunities in real estate, energy, and infrastructure. This move reflects the company's commitment to growing its portfolio and generating returns for its investors.