The combined net worth of the US CEOs who joined President Donald Trump for a two-day summit in China is nearly $1 trillion.
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OpenAI’s joint venture with private equity giants will turn some 2,000 portfolio companies into potential AI adopters.
The firm is investing in the plumbing that makes AI innovations possible, such as data centers and energy and digital infrastructure.
Concerns of AI disruption for software firms is had had investors yanking money from private credit funds, including Blackstone’s BCRED.
The aptly code-named startup Project Prometheus is close to scoring a new $10 billion fundraise at a cool $38 billion valuation.
In recent days and weeks, private credit funds at KKR, Morgan Stanley and Blue Owl Capital have enforced redemption caps.
Most of JPMorgan’s big banking peers don’t have NAV loan agreements that let them proactively revalue assets.
Shares of major private-credit lenders are down significantly this year: Apollo has lost 26%, KKR 31%, Blackstone 30%, and Ares 35%.
Nobody is happier about the exit uptick than Blackstone executives, whose realized performance compensation reached $1.1 billion in 2025.
An industry group contends that landlord-owned single-family homes help open doors to attractive neighborhoods.
Shares of Blackrock bounced back on Thursday as analysts assessed the headwinds that have past blocked proposals similar to President Trump’s.
For prospective buyers, this could lead to not having to go up against, say, Blackstone, when you put in a bid for a home.
The announcement follows similar plans by prominent asset managers like State Street, Apollo, KKR and Capital Group.
The new products will help RIA firms tailor investments to the needs of their advisors and end clients.
The announcement follows the introduction of a public and private ETF from State Street and Apollo last month.
Blackstone’s BXMT mortgage trust, on the other hand, is buckling under the weight of a pile of office loans gone bad.