Company

The Blackstone Group Inc.

Headquarters: New York, NY, United States

Founded: 1985

Employees: 3,795

CEO: Mr. Stephen Allen Schwarzman B.A., M.B.A.

show_chart NYSE: BX

Market Cap

$87.64 Billion

USD as of April 1, 2022

history Market Cap History

Company Description

The Blackstone Group Inc. is a company dedicated to alternative investment management. It operates in four key businesses areas: private equity with minority investments in companies, corporate partnerships, and some startups; real estate, with investments in multiple real estate companies; hedge funds, through funds of hedge funds and other funds segments; and credit, through its acquisition of GSO Capital Partners, a credit-oriented alternative asset manager.

The Blackstone Group Inc. market capitalization over time

Evolution of The Blackstone Group Inc. market cap in the past 5 years

Market capitalizations are calculated from the opening stock price at the beginning of each month.

history Market Cap History of The Blackstone Group Inc.

Detailed Description

Blackstone Inc. is an alternative asset management firm specializing in real estate, private equity, hedge fund solutions, credit, secondary funds of funds, public debt and equity and multi-asset class strategies. The firm typically invests in early-stage companies. It also provide capital markets services. The real estate segment specializes in opportunistic, core+ investments as well as debt investment opportunities collateralized by commercial real estate, and stabilized income-oriented commercial real estate across North America, Europe and Asia. The firm's corporate private equity business pursues transactions throughout the world across a variety of transaction types, including large buyouts,special situations, distressed mortgage loans, mid-cap buyouts, buy and build platforms, which involves multiple acquisitions behind a single management team and platform, and growth equity/development projects involving significant majority stakes in portfolio companies and minority investments in operating companies, shipping, real estate, corporate or consumer loans, and alternative energy greenfield development projects in energy and power, property, dislocated markets, shipping opportunities, financial institution breakups, re-insurance, and improving freight mobility, financial services, healthcare, life sciences, enterprise tech and consumer, as well as consumer technologies. The fund considers investment in Asia and Latin America. It has a three year investment period. Its hedge fund business manages a broad range of commingled and customized fund solutions and its credit business focuses on loans, and securities of non-investment grade companies spread across the capital structure including senior debt, subordinated debt, preferred stock and common equity. Blackstone Inc. was founded in 1985 and is headquartered in New York, New York with additional offices across Asia, Europe and North America.

Wikipedia Introduction

Blackstone Inc. is an American alternative investment management company based in New York City. In 2019, Blackstone converted from a publicly traded partnership into a C-type corporation. Blackstone's private equity business has been one of the largest investors in leveraged buyouts in the last three decades, while its real estate business has actively acquired commercial real estate. As of 2020, the company's total assets under management were approximately US$619 billion. Blackstone was founded in 1985 as a mergers and acquisitions firm by Peter G. Peterson and Stephen A. Schwarzman, who had previously worked together at Lehman Brothers.

Source: Wikipedia, retrieved on March 31, 2022, 8:43 p.m.

Stocks & Indices

The Blackstone Group Inc. has the following listings and related stock indices.


Stock: NYSE: BX

Stock: FSX: BBN1

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Product & Services

Private equityalternative investment management

Key People

Founder(s): Peter G. Peterson Stephen A. Schwarzman

Stephen A. Schwarzman(chairman and CEO)

Financials

Revenue: US$6.102 billion (Q4 2020)

Operating income: US$4.117 billion (2017)

Net income: US$2.262 billion (Q4 2020)


Total assets: US$26.269 billion (Q4 2020)

Details

Headquarters:

345 Park Avenue

New York, NY 10154

United States

Phone: 212-583-5000

Fax: 212-583-5749