Blackstone-Ascot talks edge forward as Goldman joins bid
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Blackstone-Ascot talks edge forward as Goldman joins bid

Adam McNestrie, 
Catrin Shi
19 July 2022
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Blackstone hedge fund.

Private equity giant Blackstone remains engaged with Canadian pension fund CPPIB around the potential acquisition of Ascot, as the parties continue to work towards a deal, this publication can reveal.

It is understood that Blackstone has brought in Goldman Sachs Asset Management as a co-investor to support its bid to acquire Ascot, a move that is frequently seen at the larger end of PE deals.

Sources

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