Posts tagged with ‘Och-Ziff’

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Billionaire Modi Seeks Island Resorts in Distressed-Asset Quest

September 14, 2009

Billionaire Bhupendra Kumar Modi, who made his fortune from mobile-phone services in India, is planning to invest $100 million in distressed assets including the island resorts on Batam and Bintan neighboring Singapore. Modi, chairman of Singapore-based Spice Global with interests from telecommunications to financial services, said he is in talks to buy stakes in all […]

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Blackstone Cancels Plan for Asian Event-Driven Fund

June 8, 2009

Blackstone Group LP, the world’s biggest buyout company, canceled a plan to start a hedge fund that initially aimed to invest as much as $1 billion in Asian companies affected by events such as mergers and reorganizations.