Blackstone Archives - Carrier Management

China’s Troubled Anbang Insurance Group Puts Japan Properties Up for Sale

China's troubled Anbang Insurance Group has put its $2.4 billion property portfolio in Japan up for sale and previous owner Blackstone Group is bidding, two people familiar with the company's plans ...

Former FIO Director McRaith Takes Private-Sector Position With Blackstone

Michael McRaith, the former director of the Federal Insurance Office, has joined up with global investment firm Blackstone. McRaith will be managing director of the newly formed Blackstone Insurance ...

Blackstone Eyes Insurance With Expansion Into Portfolio Risk Analytics

Blackstone Group LP has bigger plans for insurance companies than just managing their money. The world's largest private equity firm is expanding into a lucrative business dominated by BlackRock ...

AXIS Capital’s Fledgling Harrington Re Raises $600M

Harrington Re., a fledgling Bermuda operation sponsored by AXIS Capital Holdings Ltd., has raised $600 million in capital designed to beef up underwriting and investment plans put forth by its ...

Blackstone Buying Chicago Willis Tower for $1.3B

Blackstone Group LP agreed to buy Chicago's Willis Tower, the second-tallest building in the U.S., with plans to upgrade the retail and observatory space in a bet on growth in the city. The price was ...

Blackstone, GIC Buy Stake in Goldman’s European Insurer

Blackstone Group LP and GIC Pte, Singapore's sovereign wealth fund, agreed to buy a majority stake in Goldman Sachs Group Inc.'s European insurance business. Blackstone, the world's biggest ...