RE:Blackstone Fund Sitting with $18 billion in cash$18 billion sounds like a lot, but i can't see them investing 15% to 20% of the fund in one position, which is what would be required to pay into the $US65 plus range.
$US45 would still put the investment - assuming they keep the CXR debt in place - at north of 12% of the pool. again, i think that this is too big a target for Blackstone to take out 100%.
TheRock07 wrote: 
Company Website: https://www.blackstone.com
NEW YORK -- (Business Wire)
Blackstone (NYSE:BX) today announced that it has had its final close for its latest global private equity fund, Blackstone Capital Partners VII (BCP VII). Fundraising began in November 2014 and the fund had a record $15.7 billion first close in May, seven months after launching. There are more than 250 limited partners from 40 countries in the fund. Demand for the fund was significantly in excess of its hard cap of $17.5 billion. Taken together with Blackstone and its employees’ commitment of $500 million, BCP VII will have $18 billion of available equity capital to invest. Blackstone expects to begin making investments out of this fund during the first quarter of 2016.