Private equity giant Blackstone is going after the highly sought-after land in the Permian Basin, with $1.5 billion in initial commitments to back two experienced West Texas/New Mexico players.
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Articles from Blackstone
Clarion Offshore Prowling For ‘Broad’ Energy Sector Investments, Blackstone Says
The Blackstone Group, whose energy arm has infused its private equity across the industry, has launched an investment platform for the offshore oilfield services sector that is led by former top executives with Pride International Inc.
February 16, 2016
Kinder Morgan Picks Advisers to Consider Buyout
Kinder Morgan Inc. (KMI) said the special committee of its board of directors formed to consider a management-led buyout proposal has retained Morgan Stanley and The Blackstone Group as its financial advisers and Skadden, Arps, Slate, Meagher & Flom LLP as its legal advisor.
June 14, 2006