A Blackstone copycat emerges at General Atlantic
One thing to start: HSBC, UBS, Barclays, Deutsche Bank, Santander, UniCredit and Standard Chartered all reported better than expected third-quarter results this week, boosted by central bank interest rate raises.
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In today’s newsletter:
General Atlantic steps on Blackstone’s toes
Barry McCarthy’s $168mn dangling carrot
Mobileye fails to steer the broader IPO market
General Atlantic encroaches on Blackstone’s turf
Blackstone has a new competitor in the arena of private credit investments — one of the co-founders of its own $234bn in assets lending arm.
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This story originally appeared on: Financial Times - Author:Francesca Friday
