Blackstone, TPG vie for U S fund administrator Standish -sources streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.
LONDON (Reuters) - Buyout houses including Blackstone Inc. and TPG Inc. are evaluating competing bids for a U.S. fund administrator, in a deal that may value the company at as much as $1.7 billion, two people familiar with the matter told Reuters.
Buyout houses including Blackstone Inc. and TPG Inc. are evaluating competing bids for a U.S. fund administrator, in a deal that may value the company at as much as $1.7 billion, two people familiar with the matter told Reuters. Boston, Massachusetts-based Standish Management, a service provider to the buyout industry, has been working with advisers at Morgan Stanley to bring in a private equity backer, said the people, who spoke on condition of anonymity. Blackstone and TPG are reviewing whether to proceed with firm offers after an initial round of bids, the people said.
Blackstone, TPG vie for U S fund administrator Standish -sources streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.
By Pablo Mayo Cerqueiro and Amy-Jo Crowley LONDON (Reuters) - Buyout houses including Blackstone Inc. and TPG Inc. are evaluating competing bids for a.