The world’s biggest private equity firm Blackstone Group LP has become the number one in terms of assets and busiest buyout deal maker. Blackstone is the New York based firm which has topped the list of being the active private equity firms having transactions of $20.3 billion. The chairman of Blackstone is Stephen Schwarzman and has announced the acquisitions of about $15.9 on Monday. The Blackstone acquisitions even includes purchase of the Centro Properties Group Shopping mall which was bought for $9.4 billion.
The second in the private equity firms comes Avista Capital Partners LLC which is new York Based made with the help of DLj Merchant Banking unit. After these comes other firms like Nordic Capital AB ,Credit Suisse Group,EQT Partners Apax Partners,Silver Lake followed by others. The private transactions has increased by 51% to about $287 billion during this year according to the Bloom-berg data. There has been economic uncertainty ,volatile equity and debt in the market and one can see in some of the deal-making.
The transactions which was recently announced during September has dropped to about $8.2 billion during last august it was $29 billion. The highest ranked ad-visor has been got by JP Morgan &Co and has handled about 51 deals valued about $66.8 billion this year.The top ranking of the busiest venture capital venture firms is won by Kleiner Perkins Caufield &Byers according to Bloom-berg data. A bulk of cash ventures-about $32 billion has been bought by internet content and e-commerce companies like face-book,Twitter and 360Buy.com.
