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Divvy Wants to Make Rent-to-Own Deals Easy. Many Customers Find Them Hard.

The three-bedroom house in suburban Atlanta on a quiet cul-de-sac seemed exactly what Jeneyha Wheatley-Frett and her husband, Shawn Frett, were looking for when they moved in about 15 months […]




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Stress Builds as Office Building Owners and Lenders Haggle Over Debt

A real estate investment fund recently defaulted on $750 million of mortgages for two Los Angeles skyscrapers. A private equity firm slashed the value of its investment in the Willis […]




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Private Equity Is the New Financial Supermarket

Three decades ago, Jonathan Gray might have been an unlikely candidate to become Blackstone’s president and expected successor to its chief executive, Stephen A. Schwarzman.Very little of Mr. Gray’s career […]




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How Businesses in Texas and Florida Wrestle With States’ Vaccine Backlash

The Biden administration’s attempt to impose a sweeping vaccine rule for private employers last year was met with a wave of state laws limiting company vaccine mandates. Texas and Florida […]




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Blackstone in London Sets Vaccine Rule to Work in Office

3 hours agoErin Griffith On redirect we discuss the definition of a start-up, rebutting defense’s claim that Theranos was just a tiny upstart dealing with a big bad corporation. “Do […]




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Soho China Sells to Blackstone, Cementing Owners’ Exit

China’s economy is on a tear. Factories are humming, and foreign investment is flowing in. Even so, the wealthy and powerful people atop some of the country’s most prominent companies […]




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How Private Equity Firms Avoid Taxes

There were two weeks left in the Trump administration when the Treasury Department handed down a set of rules governing an obscure corner of the tax code.Overseen by a senior […]




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Oatly, a Maker of Oat Milk, Is About to Have Its IPO

Private equity has a place at the table, and so do Oprah and Jay-Z. Food giants like Nestlé are scrambling to get a foot in the door. There are implications […]




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Private Equity Firms Are Piling On Debt to Pay Dividends

Part of her legislative agenda remains holding the private equity industry “accountable for what happens with their target companies,” she said in a statement late last month when asked about […]