{"id":23423,"date":"2011-07-08T08:35:13","date_gmt":"2011-07-08T12:35:13","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=23423"},"modified":"2011-07-08T08:35:13","modified_gmt":"2011-07-08T12:35:13","slug":"blackstone-wins-casino-work-as-schwarzman-hedges-lbos-with-restructurings","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/07\/2011\/blackstone-wins-casino-work-as-schwarzman-hedges-lbos-with-restructurings.html","title":{"rendered":"Blackstone Wins Casino Work as Schwarzman Hedges LBOs With Restructurings"},"content":{"rendered":"<p>Bloomberg &#8211;\u00a0Blackstone Group LP,\u00a0the private- equity firm known for raising the largest buyout fund ever, has emerged from the recession with a new reputation: one of the world\u2019s busiest restructuring advisers.<\/p>\n<p>Among casino resorts in particular, where fallout from the financial crisis continues to hamper a recovery, New York-based Blackstone has become a leading workout adviser. The team, led by senior managing director Timothy Coleman, is involved with at least three of the largest current assignments: Kerzner International Ltd, the Mashantucket Pequot Tribe\u2019s Foxwoods Casino, and the Mohegan Tribal Gaming Authority, which owns the Mohegan Sun casinos. The three companies have more than $8.5 billion in combined liabilities.<\/p>\n<p><a href=\"http:\/\/www.bloomberg.com\/news\/2011-07-08\/blackstone-wins-casino-work-to-bolster-schwarzman-s-lbo-hedge.html\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bloomberg &#8211;\u00a0Blackstone Group LP,\u00a0the private- equity firm known for raising the largest buyout fund ever, has emerged from the recession with a new reputation: one of the world\u2019s busiest restructuring advisers. Among casino resorts in particular, where fallout from the [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-23423","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/23423","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=23423"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/23423\/revisions"}],"predecessor-version":[{"id":23424,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/23423\/revisions\/23424"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=23423"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=23423"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=23423"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}