{"id":78923,"date":"2021-07-29T03:33:24","date_gmt":"2021-07-29T07:33:24","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=78923"},"modified":"2021-07-29T03:29:21","modified_gmt":"2021-07-29T07:29:21","slug":"blackstone-buys-stake-in-alternative-asset-manager-gtcr","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/07\/2021\/blackstone-buys-stake-in-alternative-asset-manager-gtcr.html","title":{"rendered":"Blackstone buys stake in alternative asset manager GTCR"},"content":{"rendered":"\n<p>(CNBC) The New York private-equity giant Blackstone Group acquired a minority stake in Chicago private-equity firm GTCR. Blackstone acquired the ownership stake through its Blackstone Strategic Capital Holdings GP Stakes business, which &#8220;specializes in value-added, long-term partnerships&#8221; with private market alternatives managers. The deal will give companies GTCR owns &#8220;access to Blackstone&#8217;s group purchasing program, which leverages the buying power of the $150 billion revenue base across Blackstone&#8217;s entire investment platform,<\/p>\n\n\n\n<p><a href=\"https:\/\/www.opalesque.com\/686712\/Blackstone_buys_stake_in_alternative_asset_manager_GTCR671.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) The New York private-equity giant Blackstone Group acquired a minority stake in Chicago private-equity firm GTCR. Blackstone acquired the ownership stake through its Blackstone Strategic Capital Holdings GP Stakes business, which &#8220;specializes in value-added, long-term partnerships&#8221; with private market [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-78923","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/78923","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\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=78923"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/78923\/revisions"}],"predecessor-version":[{"id":78924,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/78923\/revisions\/78924"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=78923"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=78923"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=78923"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}