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Liftoff Mobile IPO: Stock listing date nears for Blackstone-backed advertising technology startup
Fastcompany· 2026-01-30 20:11
Company Overview - Liftoff Mobile, a California-based mobile app marketing provider, is planning to launch its IPO, targeting a valuation of nearly $5.2 billion and aiming to raise up to $762 million by selling over 25 million shares [1][1][1] - The expected share price range is between $26 and $30, and the company will trade under the ticker "LFTO" [1][1] Company Background - Liftoff was founded in 2012 and acquired by Blackstone in 2021, subsequently merging with Vungle to form a large independent mobile adtech platform [1][1] - The platform offers AI-powered tools for customer acquisition and monetization, serving various industries including finance and gaming [1][1] Performance Metrics - As of Q4 2025, Liftoff reported over 1.4 billion daily active users and more than 1,000 global advertisers [1][1][1] - The company's leadership team has an average of twelve years of experience in the ad tech industry, emphasizing a commitment to customer focus and product velocity [1][1] Market Context - The IPO market has been relatively quiet, but 2025 was noted as the busiest year for IPOs since 2021, with 216 IPOs raising $47.4 billion [1][1] - There is significant optimism for 2026, driven by strong interest in AI and related sectors, which Liftoff aims to leverage [1][1]
Blackstone to Present at the Bank of America Securities Financial Services Conference 2026
Businesswire· 2026-01-30 13:25
NEW YORK--(BUSINESS WIRE)--Blackstone (NYSE:BX) announced today that Michael Chae, Vice Chairman and Chief Financial Officer, is scheduled to present at the Bank of America Securities 2026 Financial Services Conference on Tuesday, February 10, 2026 at 9:40am ET. Blackstone is the world's largest alternative asset manager. Blackstone seeks to deliver compelling returns for institutional and individual investors by strengthening the companies in which the firm invests. Blackstone's $1.3 trillion in assets und ...
X @Bloomberg
Bloomberg· 2026-01-30 04:30
Blackstone is considering selling Interplex’s information and communications technology unit amid interest from other private equity firms and industry players, according to sources https://t.co/BSL27KXTLB ...
Blackstone's Portfolio Data Helps Firm ‘See Through the Fog' as It Invests
WSJ· 2026-01-29 21:05
The asset manager committed $138.21 billion to deals last year, the most in the past four years, and expects activity to take off this year. ...
Blackstone: Trump's Home Buying Ban Is Noise (Rating Upgrade)
Seeking Alpha· 2026-01-29 20:33
Core Viewpoint - The stock of Blackstone Inc. has recently slipped below the price at which the analyst reiterated a Hold rating in late November [1] Company Summary - Blackstone Inc. is currently facing a decline in stock price, indicating potential challenges in maintaining investor confidence [1]
Blackstone's Gray Says Deal Environment Hitting 'Escape Velocity'
Bloomberg Television· 2026-01-29 18:54
First off, just on the quarter, we had record earnings per share for the quarter and for the year, and we've got a number of powerful engines. 1 is this deal environment hitting escape velocity. We did 4 IP OS in the second-half of the year, led by Medline, which is a terrific business in Chicago, and the market reception was quite positive.It feels to us like that 2013 fourteen. Where after the hibernation following the GFC, we began to take a number of companies public, notably Hilton Hotels and it looks ...
Blackstone's Gray Says Deal Environment Hitting 'Escape Velocity'
Youtube· 2026-01-29 18:54
Core Viewpoint - The company is experiencing record earnings per share and a favorable deal environment, with significant activity in IPOs and investments in AI infrastructure, leading to strong momentum and inflows [1][3][4]. Group 1: Financial Performance - The company achieved record earnings per share for both the quarter and the year, indicating strong financial health [1]. - Private equity companies within the firm reported a 9% revenue growth in the quarter, reflecting positive performance in the investment landscape [5]. Group 2: Market Environment - The current deal environment is favorable, reminiscent of the post-GFC period in 2013-2014, with expectations for continued activity as long as market conditions remain stable [2][4]. - The company noted $71 billion in inflows for the quarter and $239 billion for the year, highlighting strong investor interest [3]. Group 3: AI and Infrastructure Investments - The company has positioned itself as a leading investor in AI infrastructure and data centers, which has contributed to its positive results [3][6]. - Long-term contracts with creditworthy counterparties in infrastructure projects provide downside protection, enhancing investment security [9][10]. Group 4: Disruption and Risk Management - The company is aware of potential disruptions from AI and is actively assessing the risk associated with various industries, particularly those vulnerable to technological changes [10][12]. - There is a focus on evaluating the impact of AI on different business models, with a particular emphasis on vertical versus horizontal software solutions [13][14]. Group 5: Regulatory and Economic Factors - The regulatory environment for M&A has improved, facilitating energy projects and overall business operations [22]. - The underlying strength of the US economy, along with decreasing costs of capital and inflation, are seen as key elements for successful investing [27].
Data centers power Blackstone's $1.3 trillion investment empire
Business Insider· 2026-01-29 18:49
Core Insights - Data center investments are a significant growth driver for Blackstone, particularly through its acquisition of QTS, which has become the largest contributor to the company's portfolio gains in 2025 [2][6] - The firm reported a total of $239 billion in inflows for the year, the highest since 2021, largely driven by investor interest in artificial intelligence [3] - Blackstone's infrastructure platform, bolstered by data center appreciation, grew by 40% to $77 billion, with returns of 8.4% for the quarter and 23.5% for the year [4] Investment Performance - Blackstone Real Estate Income Trust (BREIT), valued at $54 billion, achieved an 8.1% return, significantly outperforming its sector benchmark, and is heavily invested in QTS [5] - Real estate investments overall were the weakest segment, with opportunistic strategies showing a 0.6% loss and core assets gaining 3% [5] Strategic Focus - Blackstone plans to continue investing in digital infrastructure, including data centers and private credit, as part of its broader investment strategy [6][7] - The firm has invested in AI developers and energy providers to support the growing demand for AI infrastructure, including a notable $11.5 billion acquisition of TXNM Energy [10] Financial Metrics - Blackstone reported $14.5 billion in revenue for the year, reflecting a 9% increase, and $4.4 billion for the quarter, marking a 42% rise [11] - The private credit portfolio increased by 30% to $130 billion, although there were concerns about redemption upticks related to default risks [8]
Francesco Grosoli to lead Mediobanca's private banking in bank revamp, source says
Reuters· 2026-01-29 18:06
Francesco Grosoli, CEO of Mediobanca's Compagnie Monégasque de Banque (CMB), will become head of the bank's private banking business, a source close to the matter said on Thursday, as part of a push t... ...
X @Bloomberg
Bloomberg· 2026-01-29 17:12
Liftoff Mobile, a Blackstone-backed company that helps place ads within mobile applications, is seeking to raise as much as $762 million in an initial public offering https://t.co/1dUpHDhalt ...