OpenAI offers 17.5% on venture deal! How can it do that?

https://fed.brid.gy/r/https://pivot-to-ai.com/2026/03/30/openai-offers-17-5-on-venture-deal-how-can-it-do-that/

bing news | Non-profit organization provides deep dive into Blackstone, a private equity NIPSCO stakeholder

A non‑profit watchdog called the Private Equity Stakeholder Project has begun a deep‑dive into Blackstone’s nearly 20 percent ownership of NIPSCO after many Indiana customers complained about rising utility bills. Communications director Matt Parr, who also lives in Valparaiso and is a NIPSCO customer, explained that Blackstone’s stake is part of a broader private‑equity investment strategy that includes a planned purchase of TXNM Energy, a utility operator in New Mexico and Texas. Parr says the Indiana Utility Regulatory Commission (IURC) lacks the authority to approve or deny such acquisitions, unlike New Mexico’s regulator, which can grant permission before the sale goes through.

Parr argues that the private‑equity model—buying companies, holding them for five to seven years, then selling—creates pressure to boost rates quickly in order to generate short‑term profits. He warns that this “short‑term” approach can lead to higher energy costs for consumers, as utilities seek to recoup investments and satisfy investor expectations. The nonprofit is urging residents to contact state legislators about House Enrolled Act 1002 (HEA 1002), a bill intended to give the IURC power to review and approve utility sales or reorganizations, which could increase transparency around deals like Blackstone’s involvement with NIPSCO.

NIPSCO responded that Blackstone’s 19.9 percent non‑controlling equity interest is **not** a driver of the utility’s rate structure. The company emphasized that any rate change must be vetted through a lengthy, public process overseen by the IURC, and that recent bill spikes are largely due to higher natural‑gas usage in winter rather than the equity stake. NIPSCO also noted its commitment to affordability through assistance programs, and reiterated support for HEA 1002 while stressing that the Blackstone investment strengthens its financial foundation, reduces debt reliance, and helps fund system upgrades without imposing undue rate pressure on customers.

Read more: https://www.abc57.com/news/non-profit-organization-provides-deep-dive-into-blackstone-a-private-equity-nipsco-stakeholder

#blackstone #nipsco #privateequitystakeholderproject #indianautilityregulatorycommission #houseenrolledact1002

qwant news | Don't buy claim BlackRock 'quietly filed' to acquire $22B in single-family homes across 14 states

In March 2026 social‑media users claimed that BlackRock had “quietly filed” to acquire $22 billion worth of single‑family homes—about 47,000 houses—in 14 U.S. states, suggesting the homes would never again be available to ordinary Americans. The rumor circulated on X, Instagram, Reddit, Bluesky, Threads and Facebook, often using a screenshot from an X account that labeled itself as a “Parody account.” BlackRock’s own Fact X account responded that the firm does not buy single‑family homes, and the company’s website repeatedly states it is not a purchaser of individual houses in the United States.

Investigations found no public record of any such filing. Searches of the SEC’s database and BlackRock’s public disclosures turned up no announcement matching the claim’s details, and the firm has directly addressed similar rumors before, clarifying that it invests in mortgage‑backed securities and broader real‑estate strategies, not in buying homes outright. Confusion with Blackstone—an investor that does buy single‑family rentals—and with other firms active in the housing market appears to be a major source of the misinformation.

The false claim gained traction amid genuine policy debate over institutional investors in the housing market. In early 2026 President Donald Trump issued an executive order aimed at limiting Wall Street’s ability to purchase single‑family homes, and a Senate‑passed “21st Century ROAD to Housing Act” sought to bar large investors from buying such houses, though it has not yet become law. While concerns about corporate homebuyers are real, the specific allegation that BlackRock filed to purchase $22 billion in homes across 14 states is unfounded.

Read more: https://www.snopes.com/fact-check/blackrock-single-family-homes/

#blackrock #blackstone #donaldtrump #sec #wallstreet

Royal Challengers Bengaluru IPL Cricket Franchise to Be Acquired by Aditya Birla Group, Times of India, Bolt Ventures and Blackstone for $1.78 Billion

https://fed.brid.gy/r/https://variety.com/2026/sports/news/royal-challengers-bengaluru-aditya-birla-group-sale-1236699243/

Royal Challengers Bengaluru IPL Cricket Franchise to Be Acquired by Aditya Birla Group, Times of India, Bolt Ventures and Blackstone for $1.78 Billion
#Variety #Asia #Global #News #Blackstone #IPL #RoyalChallengersBengaluru

https://variety.com/2026/sports/news/royal-challengers-bengaluru-aditya-birla-group-sale-1236699243/

Corriere.it - Homepage: Private credit, anche i fondi Apollo e Ares limitano i riscatti da parte degli investitori: titoli giù in Borsa

Troppe richieste dagli investitori individuali, stop ai rimborsi sopra il 5%. I precedenti di Blackstone, BlackRock e Blue Owl

Private credit, including Apollo and Ares funds, restrict investor redemptions: stocks down on the stock exchange.

Too many requests from individual investors, halt to repayments above 5%. Blackstone, BlackRock, and Blue Owl precedents.

#Apollo #above5% #Blackstone #BlackRock #BlueOwl

https://www.corriere.it/economia/finanza/26_marzo_24/private-credit-anche-i-fondi-apollo-e-ares-limitano-i-riscatti-da-parte-degli-investitori-titoli-giu-in-borsa-e71610b9-70c1-4225-b3ca-012acf27bxlk.shtml