Bad Week for Blackstone: Augury for KKR IPO?

By Paul Kedrosky · Saturday, June 30, 2007 ·
In case people aren't paying attention in all the iPhone euphoria, other things are going on in financial markets. Among them, Blackstone broke through its IPO pricing this week, tumbling to a Friday close of $29.27, and the stock losing 11.5% in the last five trading days.



It will be interesting to see what happens to chatter of IPOs from KKR and others of the PE ilk given this tepid reception.