New York (March 9th, 2013) - Bloomberg reported that Tom Hill, head of The Blackstone Group LP (NYSE: BX)’s hedge funds-of-funds business, sold $19 million of stock in three weeks as the New York-based investment firm’s shares gained about 25 percent this year.
The Blackstone Group L.P., together with its subsidiaries, provides alternative asset management and financial advisory services worldwide. It operates in five segments: Private Equity, Real Estate, Hedge Fund Solutions, Credit Businesses, and Financial Advisory. Blackstone Group Management L.L.C. operates as the general partner of the company. The Blackstone Group L.P. was founded in 1985 and is headquartered in New York, New York.
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Delta Air Lines Inc. (NYSE: DAL) celebrated its 60th anniversary of uninterrupted service in Puerto Rico, highlighting the key role the island plays in the continued growth and development of the company's Latin American network and in the New York market.
"Delta is part of Puerto Rico and its history," said Nicolas Ferri, Delta's vice president— Latin America and the Caribbean. "Our commitment to the economic development of the island has withstood the test of time and we continue to respond and adapt to Puerto Ricans' travel needs as well as to the demands of the business and tourism sectors with increased services and capacity to this key market."
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