Blackstone to Acquire Minor Stake in Rockpoint
On March 13, 2018, the Blackstone Group (BX) announced that it is acquiring a minority equity stake in Rockpoint, a private equity giant. The acquisition is being considered a passive investment and means that Blackstone won’t be actively participating in management’s decision-making process. The Carlyle Group (CG) and 22C Capital also made a strategic minority investment in DiscoverOrg.