Blackstone eyes investments in Israel

Private equity fund, the Blackstone Group, is said to be setting up a joint venture to invest hundreds of millions of dollars in Israeli companies.According to a report in Globes, Blackstone is planning to join forces with Markstone Capital Partners …

Private equity fund, the Blackstone Group, is said to be setting up a joint venture to invest hundreds of millions of dollars in Israeli companies.

According to a report in Globes, Blackstone is planning to join forces with Markstone Capital Partners Group and invest together in Israel.

New York based Blackstone has already invested billions of shekels in Israel. It is considered the world’s largest private equity fund with $166.2 billion in assets.

According to the report, Markstone will likely become Blackstone’s exclusive representative in Israel.

About Viva Sarah Press

Viva Sarah Press is an associate editor and writer at ISRAEL21c. She has extensive experience in reporting/editing in the print, online and broadcast fields. She has jumped out of a plane, ducked rockets and been attacked by a baboon all in the name of a good story. Her work has been published by international media outlets including Israel Television, CNN, Reuters, The Jerusalem Post and Time Out.