Back to BX Overview. In July 2015, Blackstone acquired Excel Trust, a real estate investment trust, for around $2 billion. What's the most common final funding type when companies get acquired? Founded in 1985, The Blackstone Group is a private equity firm based in New York, New York. HE'S THE KING OF FRANCHISING, FOR ONE THING. var to = plus; if (table) { Blackstone is the world's largest alternative asset manager. How Can Deutsche Telekom Recoup Losses on Its BT Stake? Brown: independent director, This page was last edited on 28 February 2023, at 21:29. Motel 6 is based in the United States and Canada. List of top BlackRock Portfolio Companies - Crunchbase Hub Profile Overview Parent Organization BlackRock Number of Organizations 240 CB Rank (Hub) 40,578 Number of Founders 534 Average Founded Date Nov 27, 2009 Percentage Acquired 14% Percentage of Public Organizations 38% Percentage Non-Profit 0% Number of For-Profit Companies 236 Blackstone Credit served as lead lender and provided $1.24 billion of a $1.36 billion first lien senior secured financing package (consisting of a $1.165 billion first lien term loan, $75 million delayed draw term loan and a $120 million revolver) to support the recapitalization of Unified, a portfolio company of Altas and Ares. Blackstone Group on November 15, 2019, invested $167 million in the holding company of Future Lifestyle Fashions Ltd., Ryka Commercial Ventures Pvt. Blackstone Inc. Institutional investors purchased a net $3.6 million shares of BX during the quarter ended June 2019. Bain and Blackstone narrowly beat out, Travelport, the parent of the travel website Orbitz.com, was acquired from, In October 2006 Blackstone, together with. [39], In 1999, Blackstone launched its mezzanine capital business. Clarus Ventures LLC Blackstone Alternative Solutions L.L.C. } else { PitchBooks data visualizations quickly surface an investors historical investmentsshowing a breakdown of activity by industry, year and region. This list of organizations invested in by Blackstone Group provides data on their funding history, investment activities, and acquisition trends. display: none; Find out the direct holders, institutional holders and mutual fund holders for Blackstone Inc. (BX). [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. if (isexpanded[from]) { [34], In 1997, Blackstone completed fundraising for its third private equity fund, with approximately $4 billion of investor commitments[35] and a $1.1 billion real estate investment fund. Blackstone Management Partners L.L.C. 2017 Donor List; 2016 Donor List; Annual Report; News & Events; Camps; Get Involved; Contact; Donate! Congratulations to Blackstone portfolio companies Bumble and Oatly for being named in TIME's inaugural list of the 100 Most Influential Companies Over the past several months, Blackstone and our portfolio companies have been supporting COVID-19 relief measures in the communities where we live and work. See Details: Top 10 Stocks Held By Blackstone Inc. stock quote data powered by Ticker Technologies. [171][53], In separate cases in 2018 and 2019, the hotel chain Motel 6, owned by Blackstone, agreed to settle for a total of $19.6 million for giving guest lists to U.S. Immigration and Customs Enforcement (ICE) without a warrant. The ICO Companies, a sister company to Ivory Homes, Utahs Largest Homebuilder for 31 years. Get the full list, Youre viewing 5 of 797 exits. Blackstone advised on the 1987 merger of investment banks E. F. Hutton & Co. and Lehman Brothers, collecting a $3.5 million fee. Address: Alnoumani generators, power station, blackstone, machines. Last Updated: July 20, 2022. In 2009, Blackstone purchased Busch Entertainment (comprising the Sea World Parks, Busch Garden Parks and the two water parks). Blackstone leverages that capital by New. AUM: $3.319 trillion. In no event shall stockzoa.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content available on stockzoa.com, or relating to the use of, or inability to use, stockzoa.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. The purchase and subsequent IPO of Southern Cross led to controversy ICO Companies Office: 3401 N. Center St. Suite 300 Lehi, UT 84043. Blackstone portfolio company La Quinta Inns & Suites ranks #12 among large companies in The Dallas Morning News 2014 list of Top Places to Work. In January 2016, Blackstone Real Estate Partners VIII L.P. acquired BioMed Realty Trust for $8 billion. .littlerow { background-color: #FFFFFF; padding-top: 2px; padding-bottom: 2px; padding-left:0; padding-right:3px; border-top: 1px solid #EEEEEE; font-family: Arial; font-size: 10px; } The average expense ratio from all mutual funds is 2.85%. Get the full list, Youre viewing 5 of 1,084 team members. Why must big City firms always fall for scams like FTX? ft of Bengaluru-based RMZ Corp's 128 million sq. (Petros) -- "a stone" or "a boulder," Peter, one of the twelve apostles", "Blackstone's Chief Has a Warning for Wall Street's Entrepreneurs", A Big Fund Ready to Capitalize on Hard Times, CNW Accepts Buyout Bid From Blackstone Group, 2 Wall Street Firms Join To Buy Savings Units, "Stephen Schwarzman And Blackstone: Wall Street's Unstoppable Force", "U.S. Mergers Firm Is Forming British Link", Prime to Sell Interest in Inns to Blackstone, U.S. Mergers Firm Is Forming British Link, "WHO THE HELL IS HENRY SILVERMAN? } Blackstone Alternative Asset Management L.P. In doing so, he has . Multi-Family Commercial. Blackstone Real Estate Advisors L.P. Summary: Blackstone Inc (Blackstone) is a global investment firm that provides a range of asset management and capital markets services Detail: https://www.globaldata.com/company-profile/the-blackstone-group-inc/ 22 Blackstone Inc - Company Profile and News - Bloomberg Markets Author: bloomberg.com Published: 01/05/2022 Review: 1.89 (132 vote) Blackstone has $26B in assets under management (AUM), dropping by -2.59%. [19] In June 1989, Blackstone acquired freight railroad operator, CNW Corporation. Market value as of March 31, 2022. . Blackstone Inc. Blackstone Alternative Credit Advisors LP Blackstone Management Partners L.L.C. [20] That same year, Blackstone partnered with Salomon Brothers to raise $600 million to acquire distressed thrifts in the midst of the savings and loan crisis. Blackstones private equity portfolio had its second quarter of double-digit growth as technology and life sciences investments buoyed the portfolio.. This business evolved into Blackstone's marketable alternative asset management segment, which was opened to institutional investors. The firm prefers to invest in private equity, real estate, public debt, equity, non-investment grade credit, real assets, and secondary funds. Also, at the time of its announcement, SunGard would be the largest buyout of a technology company in history, a distinction it would cede to the buyout of Freescale Semiconductor. Disclaimers: stockzoa.com is not operated by a broker, a dealer, or a registered investment adviser. 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. 5 5.Blackstone Group Inc - Portfolio Holdings, AUM (13F, 13G) - Fintel. [38] In 1999, Blackstone partnered, together with Apollo Management to provide capital for Allied Waste's acquisition of Browning-Ferris Industries. Courtesy of Warburg Pincus. function expandRow(from,plus) { The partnership's first acquisition was a $295 million buyout of Prime Succession from GTCR. The report is limited. 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 has made 132 acquisitions and 209 investments. At Lehman, Schwarzman served as head of Lehman Brothers' global mergers and acquisitions business. Since 1976, we have made the following private equity investments: 2022 123Dentist Accell Group Advanced Navigation Advanta Seeds Albioma Alchemer Alliance Pharma Apex Analytix Barracuda Networks Biosynth Boasso Global Brightline, Inc. Central Tank Terminal Contabo Contour Global Cordia Energy (fka Clearway Community Energy) CyrusOne, LLC The Firms most common exit type is trade sale (41%). Blackstone's long-term investment approach meant that it likewise recognized the importance of developing a program that portfolio companies could use to drive employee retention and advancement . BREIT Portfolio | Blackstone Real Estate Income Trust Important Notice This site and the materials herein are directed only to certain types of investors and to persons in jurisdictions where Blackstone Real Estate Income Trust ("BREIT") is authorized for distribution. 3 3.Private Equity - Blackstone. Blackstone is the largest landlord in the U.S. as well as the largest real estate company worldwide, with a portfolio worth $325 billion. * Investors with a full data subscription can access data for any fund. $25B deployed in 4Q, a firm record $62B The firm seeks to invest through means of buyouts, debt, mergers, acquisitions, mezzanine, and growth capital. [85], Blackstone operates through four primary departments: private equity; real estate; hedge funds; and credit. [14][15], As the business grew, Japanese bank Nikko Securities acquired a 20% interest in Blackstone for a $100 million investment in 1988 (valuing the firm at $500 million). [30], Blackstone made a number of notable investments in the early and mid-1990s, including Great Lakes Dredge and Dock Company (1991), Six Flags (1991), US Radio (1994), Centerplate (1995), MEGA Brands (1996). Revantage, a Blackstone Portfolio Company Real Estate Headquarters Chicago , IL Total offices: 2 Total Employees: 490 Year Founded: 2017 View Website Overview Perks + Benefits Jobs 23 Revantage, a Blackstone Portfolio Company Benefits Overview At Revantage, culture is paramount. Blackstone owns more than 200+ companies. Haynes and Republic Technologies International, both had problems and ultimately filed bankruptcy. Tripzec Properties was originally a Canadian Company. 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. 100 % ** floating rate * At fair value as of December 31, 2022 ** Based on corporate lending portfolio. The two founders, who had previously run the mortgage-backed securities divisions at First Boston and Lehman Brothers, respectively, initially joined Blackstone to manage an investment fund and provide advice to financial institutions.
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