Deals
Blackstone Dealmaker Says Tax Cut, Tech Make Cycle Different
- New hire Shepherd to build out life sciences investment push
- India is firm’s top region at 30% annualized returns: Melwani
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A top Blackstone Group LP dealmaker said he’s more comfortable paying high prices because of tax reform, technology-driven efficiencies and corporate confidence.
“This cycle actually is different,” said Prakash Melwani, the chief investment officer of Blackstone’s private equity business. “Business is really good, and business is really good globally. Valuations are much more fundamentally driven.”