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Blackstone Group

Blackstone Group

Blackstone Group is a global investment firm focused on real estate, hedge fund investments, and financing.

Blackstone is a global investment business investing capital and financial management firm. It caters to pension funds, large institutions, and individuals. It aims to build long-term value for investors through the stewardship of their capital. It invests in private equity, real estate, credit, and hedge funds as well as in infrastructure, life sciences, insurance, and growth equity.

Peter Peterson and Stephen Schwarzman founded Blackstone Group in 1985 and is headquartered in New York City. It has offices in Baltimore, Cambridge, Houston, Los Angeles, San Francisco, Wayne, London, Copenhagen, Dublin, Frankfurt, Luxembourg, Madrid, Milan, Paris, Hong Kong, Abu Dhabi, Beijing, Mumbai, Seoul, Shanghai, Singapore, Sydney, and Tokyo.

Schwarzman successfully raised $800 million in 1987 for Blackstone's first private equity fund, Blackstone Capital Partners I, L.P. Prudential Financial Inc. (PRU) and General Motors Company (GM) were two of the fund's largest investors. The money raised was used to purchase companies using a strategy called leveraged buyouts.

Timeline

June 28, 2021
Blackstone announces significant investment in Simpli.fi, a leading programmatic advertising platform, at $1.5 billion valuation
May 10, 2021
Blackstone buys Embassy Industrial Parks from Warburg JV for Rs 5,250 cr.
1985
Founded

Acquisitions

Invested in

Patents

Funding Rounds Participated In

Further Resources

Title
Author
Link
Type
Date

How Blackstone became the world's biggest corporate landlord

Shawn Tully

Web

February 17, 2020

How Stephen Schwarzman Built The Blackstone Group

Warren Cassell Jr.

Web

June 27, 2020

News

Title
Author
Date
Publisher
Description
June 3, 2021
The Economic Times
Florintree, owned by Mathew Cyriac - the former India private equity co-head of Blackstone, acquired the stake held by existing investor Oman India Joint Investment Fund (OIJIF) in a secondary transaction.
Samantha Stokes and Casey Sullivan
May 10, 2021
Business Insider
Blackstone has spent $20 million on Covid-safety precautions, including covering cab fare for returning employees.
Raghavendra Kamath
May 10, 2021
@bsindia
Embassy Industrial Parks is comprised 10.6 million square feet of modern logistics and warehousing assets
Alex Keown
May 7, 2021
BioSpace
Biopharma and life sciences companies strengthen their leadership teams and boards with these Movers & Shakers.
AlleyWatch
May 1, 2021
AlleyWatch
The Pulse of New York Tech
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References

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