Blackstone Irish unit posts €25m increase in profit

The Irish subsidiary of US multinational private equity fund Blackstone paid out an interim dividend of €30m last year as its profits increased.

Blackstone Irish unit posts €25m increase in profit
Fri, 13 May, 2016 - 01:00
Peter O’Dwyer

The company recorded an improved financial performance last year as operating profits rose to just over €25m.

New accounts filed by Blackstone/GSO Funds Management Europe Ltd show the firm’s profits increased €3m in the 12 months to the end of 2015.

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Courtsblackstoneprivate equity fundFinancedividendsPlace: DublinPlace: IrelandPlace: New YorkOrganisation: BlackstoneOrganisation: GSO Funds Management Europe LtdOrganisation: telco EircomOrganisation: Anchorage CapitalOrganisation: GSOOrganisation: Blackstone Group
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