Monday, March 19, 2007
Blackstone Group, the private equity firm, has not even announced an IPO yet, but that doesn't stop the financial press from writing about it. How much information about how private equity firms make their money will the general public learn from the mandated disclosure? Not much, thinks the New York Times; see Behind the Veil at Blackstone? Probably Another Veil. Enough to make other private firms nervous, suggests the Wall St. Journal, see Blackstone Plan Could Reshape Private EquityListing Would Require.