Blackstone considers expanding presence in Korea

Blackstone considers expanding presence in Korea

Financial Services Commission (FSC) Chairman Kim Byoung-hwan encouraged Blackstone to expand its presence in Korea during a meeting with its Chairman Stephen Schwarzman in New York on Tuesday (local time). Schwarzman, who leads the world's largest private equity firm, responded positively, stating that Blackstone is "actively considering expanding into the Korean market." The meeting took place during Kim's official visit to the U.S., aimed at h…

Blackstone-backed fiber internet provider expands locally

A Fort Lauderdale-based fiber optic internet provider supported by Blackstone, a trillion-dollar global investment firm, has brought its unique business model to Tampa Bay. Hotwire Communications is the third fiber optic-focused company to announce its move into St. Petersburg and the surrounding area in about a month. David Ramos, president of the “luxury” internet provider’s enterprise business, said Blackstone’s investment in 2021 has propell…