About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...

MERRILLVILLE, Ind.--(BUSINESS WIRE)--NiSource Inc. (NYSE: NI) (“NiSource”) today announced that it has completed the issuance of a 19.9% indirect equity interest in the company’s Northern Indiana Public Service Company LLC (“NIPSCO”) subsidiary to an affiliate of Blackstone Infrastructure Partners (“Blackstone Infrastructure”), the dedicated infrastructure group of Blackstone Inc. (NYSE: BX). As previously announced, through the transaction the Blackstone affiliate has acquired a 19.9% non-controlling equit ...

JuSun Introduction First thing I want to say to everyone is Happy New Year. Welcome into 2024. With 2023 now behind us, a volatile year for the market, let's talk about what this new year will bring. Opportunities! Specifically, to add or pick up some quality BDCs at decent or great valuations. With interest rates surging last year, business development companies share prices went up as well. But with rates expected to be below 3% around this time next year (time of writing), I suspect many BDCs will be tra ...

About this content About Angela Harmantas Angela Harmantas is an Editor at Proactive. She has over 15 years of experience covering the equity markets in North America, with a particular focus on junior resource stocks. Angela has reported from numerous countries around the world, including Canada, the US, Australia, Brazil, Ghana, and South Africa for leading trade publications. Previously, she worked in investor relations and led the foreign direct investment program in Canada for the Swedish government ...

Blackstone Inc.’s BX, -1.66% infrastructure unit has agreed to invest $2.41 billion in Northern Indiana Public Service Company LLC, a unit of NiSource Inc. NI, , the firms said Tuesday. NiSource said an affiliate of Blackstone Infrastructure Partners will pay $2.16 billion for 19.9% indirect non-controlling equity interest in Northern Indiana Public Service Co. Blackstone also made an additional equity commitment of $250 million to fund ongoing capital requirements. Sebastien Sherman, senior managing direc ...

Roman Tiraspolsky Blackstone Inc. (NYSE:BX), a premier manager of alternative assets, has been exhibiting robust performance, underscored by its diverse investment portfolio encompassing private equity, real estate, credit, and hedge funds. The firm's consistent delivery of substantial returns for its investors underscores its strong positioning for future growth. This has been reflected in the recent surge in its stock value, which has climbed an impressive 43% since its six-month low in October. The c ...

AerialPerspective Works The decision to make Blackstone Secured Lending (NYSE:BXSL) my second-largest business development company holding after Hercules Capital (HTGC) was driven by three core factors. The BDC's net asset value per share has been rising, it continues to out-earn its quarterly base dividend, and underwriting quality remains extremely high with loans on non-accrual status of 0.1% at the end of its fiscal 2023 third quarter. The BDC last declared a quarterly base cash dividend of $0.77 per sh ...

Shares of Blackstone Mortgage Trust are down, since they came in for criticism by renown short seller Carson Block at a London investment conference early this month. ...

sitoxMost of you here on Seeking Alpha know me as a REIT analyst (VNQ). That's my main circle of competence and it is also where most of my capital is going. But I also invest in other sectors of the market. Diversification is the only "free lunch" that the market has to offer and I don't want to miss out on it. My non-REIT investments are typically companies that are still somehow related to real estate since that's what I know best. Below, I highlight two of my favorite non-REIT stock investments ...

WTolenaars/iStock via Getty ImagesOn our initial coverage of Blackstone Mortgage Trust, Inc. (NYSE:BXMT), we introduced the company and delved into the portfolio. While the scale and finesse of a Blackstone (BX) sponsored REIT is obviously hard to match, we were a little less thrilled by the prospect of buying this. We suggested investors take the defensive road and buy the BXMT bonds maturing in 2027. Those bonds are up about 15% in total returns and have lagged what the stock has done over the same ti ...