Major Wall Street firms, including Blackstone and Colony Capital, have accounted for as much as 30% of sales activity in Miami, Fla.
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Those factors could be weighing down Blackstone and Fortress and could potentially damage the capital-raising plans of other alternative investment firms.
These five either sell performance-fee funds or supply capital to the business: American Capital, Apollo Investment Group, Blackstone Group, Fortress Investment Group and KKR.
The story says that Blackstone Group, Kohlberg Kravis Roberts and TPG Capital would like to carve up the company and sell some of the pieces.
The Volcker rule, which puts limits on banks' ability to invest capital in alternative assets, could also help Blackstone.
The Blackstone investment alone is roughly equal to all the venture capital early-stage funding last quarter, across 52 deals, in all of India.
Most of the other big private equity firms, like the Carlyle Group, Blackstone Group, Apollo Global Management, KKR and Oaktree Capital Management, now trade publicly.
Spirit - backed by private equity firms Texas Pacific Group and CVC Capital Partners as well as US investment bank Blackstone - saw off rival bids from pubs group Laurel and Japanese bank Nomura.
Among the likely investment candidates: Cerberus Capital, Apollo Management, the Carlyle Group and the Blackstone Group.
Publicly traded alternative investment and capital management firm (formerly a private equity shop) Blackstone Group (BX) has been leading the charge.
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In addition, Blackstone and other big private equity firms have had a hard time putting a lot of their committed capital to work.
This goes beyond an earlier tax attack on a public offering by the Blackstone Group, and would slam into all private partnerships, including buyout funds, hedge funds, venture-capital firms, real estate partnerships, and oil-and-gas deals.
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