Blackstone admits union pressure

Blackstone Group has admitted trade union and political pressure on its investors and industry tax breaks could harm its returns.

The US alternative investments group last week made the admission by adding to the risk factors section of its updated listing prospectus, filed with US regulator the Securities and Exchange Commission.

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Pro Bono or Pro Nono? Law Firms Split on Fulfilling Deals With TrumpExternal link

Pro Bono or Pro Nono? Law Firms Split on Fulfilling Deals With Trump