Private Equity

Blackstone to buy stake in private equity rival BC Partners

Blackstone’s Strategic Capital Group, which buys stakes in other private equity firms, is investing €500m in BC

Blackstone Group is taking a stake in BC Partners, the latest in a string of deals for slices of buyout firms.

Blackstone’s Strategic Capital Group, which buys stakes in other private equity firms, is investing €500m ($560m) in BC Partners for a 10% to 15% stake, according to people familiar with the matter. The deal may be announced as early as Tuesday.

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