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345 Park Avenue, the building where Blackstone's current headquarters is housed, has been the company's home for more than 30 years. Blackstone will lease an additional 80,000 square feet of ...
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 ...
Logan: Software: 2011 Powdr Corporation: Park City: Ski resorts: 1994 Qualtrics: Provo: Experience management: 2002 Quest Aerospace: Cedar City: Model rockets: 1992 RC Willey Home Furnishings: Salt Lake City: Retail home furnishings: 1932 Red Touch Media: Salt Lake City: Content management: 2001 Revere Health: Provo: Health care: 1960 S&S ...
In February 2014, the company donated $1 million to the Utah Valley University, along with a $1 million investment from Vivint's CEO, to establish a professional sales program and a SMART Lab for marketing research. [11] [12] Vivint's former CEO Todd Pedersen appeared on the CBS television show Undercover Boss in February 2015. [13]
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 move comes on top of a lawsuit filed by Blackstone against RCS last November which was put on hold on April 24 pending the outcome of arbitration in Italy. "The complaint against Cairo seeks ...
Ancestry.com LLC is an American genealogy company based in Lehi, Utah. The largest for-profit genealogy company in the world, it operates a network of genealogical, historical records, and related genetic genealogy websites. It is owned by The Blackstone Group, which acquired the company on December 4, 2020, in a deal valued at $4.7 billion. [7 ...
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]