Blackstone, Fortress, GLG book second quarter losses

  • 07 Aug 2009

The worst of the financial crisis is not over for private equity funds. Blackstone, Fortress and GLG this week posted second quarter results, revealing that they have incurred losses under general accepted accounting standards.

Blackstone, the world’s largest private equity firm, however, said its economic net income had increased ...

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5 Deutsche Bank 24,623.55 77 5.51%

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5 SG Corporate & Investment Banking 444.17 3 5.63%