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Blackstone was founded in 1985 by Peter G. Peterson and Stephen A. Schwarzman with US$400,000 (equivalent to $1.1 million in 2023) in seed capital. [2]: 45–56 [3] The founders derived their firm's name from their names: "Schwarz" is German for "black"; "Peter", "Petros", or "Petra" (Πέτρος and πετρα, the masculine and feminine rendering of the word, respectively) means "stone" or ...
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Blackstone Credit, formerly known as GSO Capital Partners (GSO) is an American hedge fund and the credit investment arm of The Blackstone Group. [2] Blackstone Credit is one of the largest credit-oriented alternative asset managers in the world and a major participant in the leveraged finance marketplace.
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This category is for portfolio companies of the private equity investment firm Blackstone Inc.Portfolio companies are those companies that are currently or have been previously owned or controlled by the private equity firm or its affiliate funds.
NEW YORK--(BUSINESS WIRE)-- Blackstone (NYS: BX) announced today that it filed its Annual Report on Form 10-K for the year ended December 31, 2012 with the U.S. Securities and Exchange Commission.
Blackstone released its first satirical holiday video in 2018 as a way to liven up employees' spirits in lieu of the company-wide holiday party, a tradition that was canceled because the firm had ...
The percent of the stake owned by Blackstone also fell to 40%, compared to Fink's staff. [13] By 1992, Blackstone had a stake equating to about 36% of the company, and Stephen A. Schwarzman and Fink were considering selling shares to the public. [14] The firm adopted the name BlackRock, and was managing $17 billion in assets by the end of the year.