On August 26th, there was an article in the Real Deal about Blackstone, the giant and big conglomerate global investment and advisory firm, with huge concentration on many private equity funds. Two days later I attended a small debt and equity forum and after the event a private equity guy (Mr. X is what I will refer him as) wanted to know my train of thoughts about Blackstone. Before I share my quick answer with you, there will be a link to the article at the end.
Mr. X: How are you? I noticed you asked a question during our short intermission about the current state of the economy due to devaluation of the Chinese yien...Read More