Blackstone Group

Blackstone investors back move into Asia property

Blackstone Group has US$1.5 billion of capital commitments for its first Asian property fund, targeted at US$4 billion.

Blackstone Group, the world's biggest manager of alternative assets, has US$1.5 billion of capital commitments for its first Asian property fund, targeted at US$4 billion, according to a letter sent to investors.

Friday, 14 June, 2013, 3:49am

Billionaire Schwarzman to give US$100m to fund China scholarships

Blackstone founder Stephen Schwarzman. Photo: Nora Tam

Blackstone Group Chairman Stephen Schwarzman has agreed to give US$100 million for a programme that will fund the studies of graduate students in China, similar to the Rhodes Scholarships program.

29 Aug 2013 - 4:13am

House price gains signal end of US rental bonanza

Blackstone has spent more than US$3.5 billion to buy 20,000 US homes to use as rentals.

Rents for single-family homes are rising more slowly than property prices as firms such as Blackstone Group flood the market with homes for lease, posing risks to investors betting billions on the burgeoning market.

20 Mar 2013 - 5:22am

Blackstone seeks capital for Asia real estate fund

Blackstone Group CEO and founder Stephen Schwarzman with Antony Leung Kam-chung, Chairman of Greater China. Photo: Nora Tam

Blackstone, one of the world's largest investment houses, is pitching to large institutional investors in Hong Kong and mainland China to help it launch a new real estate fund for Asia, where property prices are rising strongly.

27 Feb 2013 - 1:52am

Blackstone cashes up for more big mainland deals

Stephen Schwarzman says Blackstone is not quitting the mainland's property market. Photo: Nora Tam

Blackstone Group, the world's largest alternative asset manager, is on track to make big-ticket deals in Asia's property market. 

29 Oct 2012 - 7:24am

Travellers' checks

Travellers' checks

31 Aug 2012 - 7:12pm

Taking a break makes a team

It made perfect sense for Travelport's Hong Kong office to take time off to be spoiled a few weeks ago. Every quarter, the global travel distribution system and airline IT-solutions provider offers its staff a break for a spot of rest and relaxation, some fun and camaraderie.

30 Jun 2012 - 12:00am

Six degrees

Keanu Reeves (below) was in town last week for the Hong Kong International Film Festival and attended the premiere of documentary Side by Side. The actor was a bit of a rebel in his youth and was expelled from school for being, in his own words, 'just a little too rambunctious'.

25 Mar 2012 - 12:00am

Travel IT firm offers choices

Sales and account management & business development Travelport

Marking 40 years in business, Travelport - the global travel distribution system and airline IT-solution provider - is adding to its 340 staff in Asia Pacific, with openings in sales and account management, hospitality business development, and media sales in Hong Kong.

7 Jan 2012 - 12:00am

Travellers' checks

Sailing past

11 Dec 2011 - 12:00am

Engaging people's minds may just be a matter of perception

Listening to Simon Nowroz talk about his personal life and professional predilections, one can be forgiven for assuming that his nickname is 'Change'.

22 Oct 2011 - 12:00am

Spoilt for choice

If the plans of the world's leading hotel chains can be taken as a reliable guide, Nanjing's star is definitely on the rise. Many of the industry's most prestigious international brand names are getting ready to make their presence felt in the ancient capital of China.

20 Sep 2011 - 12:00am

SERVING the sector

Loyalty schemes have traditionally been pitched at individual travellers. From air-miles programmes, seeking frequent flyers, to hotels tempting executives though their lobbies, bonus points and extra nights have been used to sway their minds.

14 Sep 2011 - 12:00am

Chief enlightenment officer

All the world's CEOs started their first 'journey of a thousand steps' to the top when they were young - sometimes in their teens and never later than in their 20s. Hence, taking in their accumulated wisdom - and applying it - at a relatively tender age is likely to help your career enormously.

2 Sep 2011 - 12:00am

Playing to the crowds

As mainland visitors have become a more important customer source, hotel chains are coming up with personalised programmes to make them feel at home.

Starwood Hotels has seen double- and triple-digit growth by mainland travellers, year-on-year, in its properties in major cities around the world.

24 Aug 2011 - 12:00am