Private Equity Returning Fees
Started by somewhereelse
almost 16 years ago
Posts: 7435
Member since: Oct 2009
Discussion about
wow... http://www.crainsnewyork.com/article/20100827/REAL_ESTATE/100829824 Blackstone and some of its managers returned $3 million in carried interest to investors in Blackstone Real Estate Partners International LP during the second quarter, said a person with knowledge of the payments. They may pay back an estimated $15.7 million this quarter to another fund, Blackstone Real Estate Partners IV, according to the person and a regulatory filing.
I guess that means no pissing ice sculptures for this year's birthday party.
Just regular pee-free ice sculptures.