The US private equity titan is on an epic spending spree
What does Reese Witherspoon have in common with a sprawling warehouse portfolio in northwest England?
Both were enveloped in recent months by Blackstone, the American private equity leviathan that has developed a distinct view on how the world will emerge from the pandemic and embarked on an epic investment drive to bet on that thesis. In the three months to the end of June, the New York-based company invested, or committed to invest, an astonishing $52 billion (£37.4 billion) in companies ranging from green energy development to film production, home-building and life sciences.
https://www.thetimes.co.uk/article/blackstone-the-buyout-giant-taking-over-the-world-02z52pgzj