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Blackstone Inc. is an American alternative investment management company based in New York City. It was founded in 1985 as a mergers and acquisitions firm by Peter Peterson and Stephen Schwarzman, who had previously worked together at Lehman Brothers.
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.
In addition to the tech-industry group, there is also a more general business advisory group being formed. [53] Billionaire Stephen Schwarzman of Blackstone organized the business advisory group, which also includes: [54] Paul Atkins, former SEC commissioner; Mary Barra, CEO of GM; Toby Cosgrove, CEO of Cleveland Clinic; Jamie Dimon, CEO of ...
Now may be a good time to look at the world’s leading alternative asset manager.
Emerson Electric Co will sell a majority stake in its climate technologies unit to Blackstone Inc in a deal that values the business at $14 billion, as the U.S. industrial firm pivots to supplying ...
Last year, Blackstone agreed to manage an initial $50 billion of insurer American International Group Inc's life and retirement business, which now trades on the stock market as Corebridge ...
[13] [14] Blackstone branched into business acquisition, real estate, direct lending, alternative assets, and had $1.1 trillion in assets under management as of September 30, 2024. [15] [16] When Blackstone went public in June 2007, it revealed in a securities filing that Schwarzman had earned about $398.3 million in fiscal 2006.
In February 2007, after a bidding war with Vornado Realty Trust, funds managed by The Blackstone Group completed the acquisition of the company for $39 billion and sold 8 buildings to affiliates of Harry Macklowe for $7 billion. [9] In April 2007, the company sold its portfolio in Washington, D.C. to Beacon Capital Partners for $6.5 billion. [10]