Blackstone Inc. Blackstone Alternative Credit Advisors LP Blackstone Management Partners L.L.C. UBS Group. [170] GSO was founded in 2005 by Bennett Goodman, Tripp Smith, and Doug Ostrover. How Can Deutsche Telekom Recoup Losses on Its BT Stake? Why must big City firms always fall for scams like FTX? 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. * Investors with a full data subscription can access data for any fund. Spheras Carbon Accounting and Reporting solution helps you easily calculate your companys carbon footprint. Because Blackstone is a public company, you can buy shares on the New York Stock Exchange under ticker BX. Among the investments included in this segment are funds of hedge funds, mezzanine funds, senior debt vehicles, proprietary hedge funds and closed-end mutual funds. The average manager tenure for all managers at Blackstone is 4.59 years. BlackRock's US $60 billion real assets teams helps our clients' meet their investment goals by providing a distinct range of well defined, outcome orientated strategies, along the investment risk-return spectrum, covering equity, debt and listed real assets globally. Do Too Many Cooks Spoil the Takeover Deal? The firm seeks to invest through means of buyouts, debt, mergers, acquisitions, mezzanine, and growth capital. what companies does blackstone own . Rocky Mountain states (CommNet Cellular) were among the most successful of the era, generating $1.5 billion of profits for Blackstone's funds. AUM: $6.1 trillion. AUM: $2.511 trillion. They also planned to use a Blackstone fund to invest in financial institutions and help build an asset management business specializing in fixed income investments. [4]:221223, In 2007, Blackstone acquired Alliant Insurance Services, an insurance brokerage firm. A American Axle Ancestry.com C Candle Media Chicago and North Western Transportation Company Cineworld Cloudreach Crown Resorts E EQ Office Extended Stay America F Freescale Semiconductor H News. portfolio companies. [16] The growth firm also recruited politician and investment banker David Stockman from Salomon Brothers in 1988. [40], Blackstone's investments in the late 1990s included AMF Group (1996), Haynes International (1997), American Axle (1997), Premcor (1997), CommNet Cellular (1998), Graham Packaging (1998), Centennial Communications (1999), Bresnan Communications (1999), PAETEC Holding Corp. (1999). Top Investor Types Micro VC , Hedge Fund , Accelerator , Angel Group , Venture Debt. Tripzec Properties was originally a Canadian Company. [17][18], The firm advised CBS Corporation on its 1988 sale of CBS Records to Sony to form what would become Sony Music Entertainment. The firm prefers to invest in private equity, real estate, public debt, equity, non-investment grade credit, real assets, and secondary funds. "[178] The report alleged that Blackstone had abused tenants with exorbitant fees, rent hikes, and aggressive eviction practices, and that Blackstone's real estate practices had a disproportionate impact on communities of color, in part because the company targeted foreclosures resulting from subprime loans. The oldest fund launched was in 2014. Blackstone Group has made 8 diversity investments. Portfolio. 6,428,927. Since September 2018 he has been Managing Director and Vice Chairman of the global investment-management firm PIMCO.. Under no circumstances does any information posted on stockzoa.com represent a recommendation to purchase or sell a stock. This list may not reflect recent changes ( learn more ). Oatly Selects Philadelphia To Test New Plant-Based Cream Cheese, FTX has a massive $9.5 billion shortfall in top crypto and cash needed to repay customers, the bankrupt exchange's new bosses say, FTX presentation shows massive shortfall in firms assets, Antronix Announces New Strategic Appointments to Accelerate North American Cable and Fiber Deployments for Broadband Providers, Bitcoin fell over 5% Thursday night, its largest one-hour drop since FTX, The Weeks 10 Biggest Funding Rounds: Wiz Wraps Up $300M Raise, Skydio Lands $230M For Drones, Zumper Launches Short-Term Rental Subscription Service. Which companies in this hub have the most subsidiaries? In January 2021, Blackstone acquired a majority shareholding in, In March 2021, Blackstone made a $6.2 billion takeover bid for Australian casino operator. Is Blackstone client of Wipro? This represented the largest leveraged buyout completed since the takeover of RJR Nabisco at the end of the 1980s leveraged buyout boom. Alight Solutions, which used to be the technology outsourcing business of HR and management consulting company Aon Hewitt, was acquired by private equity major Blackstone in 2017 and was rebranded an independent company. In the past five years, Warburg Pincus has attracted $30.8 billion in new capital. ft of office and co-working portfolio for $2 billion. The Blackstone Group's most common sectors for investment arecommunications (9%) and information technology (7%).The Firm's most common investment types include buyout (lbo, mbo, mbi) (24%) and secondary buyout (23%).In total, The Blackstone Group has invested in 27 US states and 27 . In March 2020, Blackstone announced that it is buying a majority stake in HealthEdge, a health-care software company. var tableid = 'hldtable'; Past performance is a poor indicator of future performance. In December 2020, Blackstone invested nearly $400 million in Liftoff, a mobile advertising company. [166], In 2018, a critique was raised regarding a purchase agreement on several hundred apartments in Frederiksberg, Denmark, between Blackstone's Danish partner North 360 and Frederiksberg Boligfond, a non-profit housing organization established by Frederiksberg Municipality in 1930. isexpanded[from] = !isexpanded[from]; [4]:144147 He left Blackstone in 1999 to start his own private equity firm, Heartland Industrial Partners, based in Greenwich, Connecticut. Industry: Region: Avistone. Blackstone advised on the 1987 merger of investment banks E. F. Hutton & Co. and Lehman Brothers, collecting a $3.5 million fee. Listed at $31 per share (on the NYSE), Blackstone became the first private equity firm to list shares in its management company on an exchange. Blackstone will pay US$6.6 billion for 90% of shares outstanding. Carlyle's Global Private Equity business is one of the world's largest and most diversified private equity platforms, spanning industries, geographies and strategies to deliver transformational results for our partnersmanagement teams, portfolio companies, and fund investors. Harvest Fund Advisors LLC Blackstone Tactical Opportunities Advisors L.L.C. February 21, 2023 MidCap Financial Investment Corporation Reports Financial Results for the Quarter and Fiscal Year Ended December 31, 2022, and Increases Quarterly Base Dividend to $0.38 Per Share. Blackstone claims $648 billion under management and employs over 2,400 staff. [4]:148155, Blackstone Real Estate Advisers, its real estate affiliate, bought the Watergate complex in Washington D.C. in July 1998 for $39 million[41] and sold it to Monument Reality in August 2004. Bauer is building a unique brand strategy and transformation practice for Blackstone's 250 portfolio companies, whose brands include Oatly, Spanx, Bumble and Supergoop. } At Dataromas, we let you explore the latest portfolios of super investors, their net worth, and much more from all around the globe. In December 2008, Blackstone announced that Kailix would be spun off to its management team to form a new fund as an independent entity backed by Blackstone. Blackstone, Kohlberg Kravis Roberts, TPG Capital and Goldman Sachs Capital Partners acquired Biomet, a medical device manufacturer for $10.9 billion. In November 2015, the company agreed to sell facility management firm GCA Services Group to. Combined Holding Report Includes: In 2015, the digital assets were sold to IBM for $2 billion. Blackstone's investment in Allied was one of its largest at that point in the firm's history. Blackstone Group is more likely to invest in rounds together with the following funds: 1 DJR Advisors 2 Jaakkoo-Taara Oy 3 POSCO Venture Partners Funds investing in following rounds These funds have a tendency to invest in the following rounds after Blackstone Group: 1 Apax-Patricof 2 Zheda Youchuang 3 ZWC Partners Funds with similar focus Javascript is disabled or is not supported by your browser. Team: Portfolio Operations / Data Science. } 1985, New York City (United States) Private fund focused on debt, hedge, and equity investments in real estate and multiple sectors. Blackstone's partners in the acquisition were Silver Lake Partners, Bain Capital, Goldman Sachs Capital Partners, Kohlberg Kravis Roberts, Providence Equity Partners, and TPG Capital. Ltd. On November 18, 2019, Blackstone Real Estate Income Trust, Inc. acquired the, On November 25, 2019, Reuters reported that Blackstone planned to invest $400 million in a. Blackstone advised on the 1987 merger of investment banks E. F. Hutton & Co. and Shearson Lehman Brothers, collecting a $3.5 million fee. ft of Bengaluru-based RMZ Corp's 128 million sq. Fortune's exclusive look at the cou The fascinating story of how Blackstone gets its portfolio companies to work together begins from here. We seek to create positive economic impact and long-term value for our investors, the companies we invest in, and the communities in . Materials from previous years are available below in PDF format. Win whats next. Those seven customers also helped Intelenet grow revenues from $80 million to $300 million . In July 2020, Blackstone invested US$200m in the Swedish oat milk brand, In August 2020, Blackstone announced that it will buy a majority stake in. Prior to joining PIMCO, he was Vice Chairman of Investor Relations and Business Development and a Senior Managing Director at Number of Non-profit Companies 1. [158] From 1987 to its IPO in 2007, Blackstone invested approximately $20 billion in 109 private equity transactions.[14]. It denied blame, although Blackstone was widely accused in the media for selling on the company with an unsustainable business model and crippled with an impossible sale and leaseback strategy. The all-stocks-held-by-Blackstone Inc. table shows the entity held in the first column (click any entity to explore other funds holding positions), the share amount held, the share count change between the last two reporting periods, and finally the position size for all stocks held by Blackstone Inc. as of the latest filing. Formerly it was an Equity office. Which investors participated in the most funding rounds within this hub? In February 2016, Blackstone sold four office buildings to, In April 2016, Blackstone acquired 84 percent of, On June 19, 2017, Blackstone acquired a majority interest in, In July 2017, the company announced an investment in, In January 2018, the company acquired Pure Industrial, a Canadian, In January 2018, the company announced acquisition agreement for 55% of. The company has spent over $ 239.78B for the acquisitions. [9] Prominent investment banker Roger C. Altman, another Lehman veteran, left his position as a managing director of Lehman Brothers to join Peterson and Schwarzman at Blackstone in 1987, but left in 1992 to join the Clinton Administration as Deputy Treasury Secretary and later founded top advisory investment bank Evercore Partners in 1995. In March 2018, Blackstone Real Estate Income Trust, Inc. acquired a 22 million square foot portfolio of industrial properties from Cabot Properties for $1.8 billion. Including: Biggest new positions Biggest exits Biggest increased positions Biggest decreased positions. Blackstone was founded in 1985 by Peter G. Peterson and Stephen A. Schwarzman with $400,000 in seed capital. In other words, companies that private equity firms hold an interest in are considered portfolio companies. [14], As of 2019[update], Blackstone was the world's largest private equity firm by capital commitments as ranked by Private Equity International. Top Investor Types Accelerator , Venture Capital , Private Equity Firm. By the looks of it, Prime Minister Narendra Modi's manufacturing drive is on the up, with all the trappings of imminent success.. In March 2007, RGIS announced that Blackstone Group purchased a controlling interest in the company, the terms of the transaction were not disclosed. This business evolved into Blackstone's marketable alternative asset management segment, which was opened to institutional investors. .hiderow { 1 Dividends since IPO include $0.59/share of value distributed to shareholders upon spin 62nd Street, L.L.C. What companies does the Blackstone Group own? if (isexpanded[from]) { The Blackstone Group also known as Blackstone Inc. is an alternative investment management company that is based in New York City, America. Bain and Blackstone narrowly beat out, Travelport, the parent of the travel website Orbitz.com, was acquired from, In October 2006 Blackstone, together with. As of Q3 2022, the company's total assets under management were approximately US$951 billion, making it the largest alternative investment firm globally.[3]. Blackstone acquired Prime Hospitality[54] and Extended Stay America in 2004. Investing in a portfolio company aims to increase its value and earn a return on investment through a sale. Series A, Seed, Private Equity), Average of the Crunchbase Ranks of the organizations in this hub, Total number of funding rounds associated with this hub, Total funding amount raised across all funding rounds, Total number of acquisitions made by organizations in the hub, Total number of investments made by investors in this hub, Total number of lead investment firms and individual investors that invested in organizations of this hub, Total number of investment firms and individual investors that invested in organizations of this hub, Median number of investments made by investors in this hub, Median number of lead investments made by investors in this hub, Total number of people associated with this hub, Total number of events associated with this hub, Total amount raised at IPO of all the organizations associated with this hub, Median amount raised at IPO of all the organizations associated with this hub, Total valuation at IPO of all the organizations associated with this hub, Median valuation at IPO of all the organizations associated with this hub, Average date at which organizations in this hub went public, Percentage of organizations in this hub that have removed their stock from the stock exchange. Our people remained fully connected - to each other, to our portfolio companies and to our investors. function expandRow(from,plus) { Gray owns 41 million shares and partnerships units. What's the most common types of sub-organization? The report also condemned Blackstone for "using its significant resources and political leverage to undermine domestic laws and policies that would in fact improve access to adequate housing." The information on this site is not intended to be, nor does it constitute, investment advice or recommendations. Blackstone disputed these claims. 3 3.Private Equity - Blackstone. Operational Private Equity Portfolio Company Investments Our global team brings a patient, long-term philosophy focused on partnering with each portfolio company to provide the right financial resources and operational expertise to help it succeed. Blackstone's Portfolio Operations team partners with companies to create purposeful, valuable, growth-oriented businesses. The innovation, knowledge and experience of our partners continues to be instrumental to our company's success. EQ Office was founded in 1976. .arow { background-color: #EEFFEE; font-size: 11px; padding-right:3px; } ( NYSE: BXSL) Q4 2022 Earnings Conference Call February 27, 2023 9:30 AM ET Company Participants Michael Needham - Head of Investor Relations Brad Marshall -. }, See Full List: All Stocks Held By Blackstone Inc. [161], The purchase and subsequent IPO of Southern Cross led to controversy in the UK. BXMT. In 2012, Blackstone went paperless with its Annual Reports and now releases Annual Chairman's Letters online. Check Out What's New in Uber's Redesigned App, The job cuts by companies like Uber and GM targeting low performers show CEOs are taking a hard-line approach to management, Airbnb say that it might ban people associated with prohibited guests, 'It All Adds Up': Uber to nudge passengers with government energy-saving campaign, CBDCs and Privacy Are Not Mutually Exclusive: ConsenSys Exec, Rivian sticks to 50,000 vehicle production target for 2023, Rivian tells staff EV output may be 24% more than forecast. Blackstone Group, the world's largest private equity firm, probably won't direct companies it owns to seek money under U.S. government programs set up to help businesses navigate the . In this article, we discuss 10 value stocks in Blackstone Groups portfolio. Their most recent investment was on Feb 27, 2023, when Wiz raised $300M. Learn More $132B Corporate Private Equity AUM $39B Available Capital to Invest 122 Portfolio Companies WHAT WE DO Blackstone Group, the worlds largest private equity firm, probably wont direct companies it owns to seek money under U.S. government programs set Carbon Accounting Support for Blackstone Portfolio Companies. [42], In October 2000, Blackstone acquired the mortgage for 7 World Trade Center from the Teachers Insurance and Annuity Association. Accenture Freight and Logistics Software acquired by IBS Software Services, Sumo Logic acquired by Francisco Partners, Atlas Technical Consultants acquired by GI Partners, GL Education Group acquired by Renaissance Learning, BreakFree Solutions acquired by ThoughtFocus, Grace Hopper Celebration of Women in Computing 2019, Investor, Startup, Company or School that the hub is based on, Total number of organizations associated with this hub, Algorithmic rank assigned to the top 100,000 most active Hubs, Total number of founders of organizations in the hub, Average date the Organization was founded, Percentage of organizations in this hub that have been acquired, Percentage of organizations that have gone public with an IPO, Percentage of organizations in this hub that are non-profits, Total number of for-profit companies in this hub, Total number of non-profit companies in this hub, Top 5 investor types represented in this hub, Last Funding Round type of organizations in the hub (e.g. Get the full list, Youre viewing 5 of 1,084 team members. The following are subsidiaries of The Blackstone Group L.P. as of December 31, 2016 and the jurisdictions in which they are organized. On July 15, 2019, Blackstone announced its plans to acquire Vungle Inc., a leading mobile performance marketing platform. var table = document.getElementById(tableid); Since 1984, we have completed more than 940 primary and add-on investments across a broad array of investment types, business life cycles, industries and geographies.