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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 began accumulating distribution centers and warehouses in 2012 in Europe using the Logicor name. [2] Among clients in the next five years were Amazon.com , and by 2017 it was the largest owner "of European modern logistics and distribution properties," with 13.6 million square meters of property in Europe.
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.
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The conceit of this holiday season is fake news station "BX TV News" prompting Jon Gray to search for Blackstone's secret sauce. (It was a roundabout way for the firm to tout its plan to hit $1 ...
CGI is also the parent company to Controlled Products Systems Group, the largest wholesale distributor of perimeter access control equipment in the United States. [ 1 ] [ 2 ] In September 2021, The Duchossois Group sold the Chamberlain Group to Blackstone .
It was one of the first large public companies to begin investing heavily in single-family homes, following the entry of The Blackstone Group into the field in 2012. [3] Early funding for the company included a $600 million investment from the Alaska Permanent Fund. [2] In August 2013, the company became a public company via an initial public ...