[42], In October 2000, Blackstone acquired the mortgage for 7 World Trade Center from the Teachers Insurance and Annuity Association. Blackstone Inc has defaulted on a 531 million euro ($562.5 million) bond backed by a portfolio of offices and stores owned by Finnish company Sponda Oy, as rising interest rates hit European . Separately, in the largest real estate transaction in India, Brookfield bought 12.8 million sq. 3 3.Private Equity - Blackstone. In November 2015, the company agreed to sell facility management firm GCA Services Group to. [75] It also planned to raise a fund on the Amsterdam stock exchange in 2006, but its rival, Kohlberg Kravis Roberts & Co., launched a $5 billion fund there that soaked up all demand for such funds, and Blackstone abandoned its project. NOW HE'S GOING TO TRY SOMETHING REALLY BIG. 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. Formerly it was an Equity office. State Street Global Advisors. Blackstone's Portfolio Operations Group is a team of dedicated executives and advisors with decades of combined operational experience and expertise, which together form a world-class operating platform that partners with Blackstone's investment and portfolio company management teams to advise and support the firm's portfolio companies across a wide range of operational initiatives . AUM: $2.530 trillion. Please. Blackstone has met the qualifications for inclusion in our WhaleScore system. Blackstone, Kohlberg Kravis Roberts, TPG Capital and Goldman Sachs Capital Partners acquired Biomet, a medical device manufacturer for $10.9 billion. [17][18], The firm advised CBS Corporation on its 1988 sale of CBS Records to Sony to form what would become Sony Music Entertainment. UPDATE 1-US natgas flows to LNG export plants set to hit record high - Refinitiv. Speaking on the firms third-quarter earnings call on Wednesday, chief financial officer Michael Chae said the private equity portfolio had fully retraced the 21.6 percent decline it experienced in the first quarter, with a Blackstone was originally formed as a mergers and acquisitions advisory boutique. The Blackstone Group also known as Blackstone Inc. is an alternative investment management company that is based in New York City, America. 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. font-family: Arial; 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). Here are some of the companies that Blackstone owns. } Both companies are in the mobile advertising space. [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). [36] Also in 1997, Blackstone made its first investment in Allied Waste. Blackstone real estate has committed $5.4 billion across 33 investments in India, of which it has committed $4 billion towards acquiring Grade A commercial office buildings across the country; it. [83][84], In August 2010, Blackstone announced it would buy Dynegy, an energy firm, for nearly $5 billion; however, the acquisition was terminated in November 2010. List of Revantage, A Blackstone Portfolio Company employees Search and validate emails & phone numbers from 472 Revantage, A Blackstone Portfolio Company employees Sign Up to Get Free Contacts Sign Up Revantage, A Blackstone Portfolio Company Employees 1 , 2 , 3 , 4 , 5 , 6 , 7 , 8 , 9 , 10 , 11 , 12 , 13 , 14 , 15 , 16 The US-based private equity major has already kick-started the process of listing the proposed REIT by integrating and preparing its portfolio of mall properties . What's the investment trend over time for this hub? [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. In August 2020, Blackstone acquired Takeda Consumer Healthcare for $2.3 billion. Address:oman Top Funding Types Seed , Series A , Series B , Series C , Series D. Blackstone is an investment and advisory firm providing financial solutions for investors and clients. The firm prefers to invest in private equity, real estate, public debt, equity, non-investment grade credit, real assets, and secondary funds. Institutional Holdings information is filed by major institutions on form 13-F with the Securities and Exchange Commission. Find out the direct holders, institutional holders and mutual fund holders for Blackstone Inc. (BX). 6,428,927. means any Person (other than Seller, the Company and their respective Subsidiaries) in which any Blackstone Fund or Blackstone Account makes an investment from time to time (other than another Blackstone Fund or Blackstone Account) or which is an underlying or reference asset of any derivative security or other financial In June 2021, Blackstone agreed to buy Home Partners of America, a company that rents single-family houses, and its 17,000 houses, for $6 billion. [28] In 1993, Hospitality Franchise Systems acquired Super 8 Motels for $125 million. To view a list of current job openings at our portfolio companies, click here. How much aggregate funding have these organizations raised over time? This may signal that the smart money is gaining interest in this company as . Blackstone has made 132 acquisitions and 209 investments. The Blackstone Group was founded in 1985 by Peter G. Peterson and Stephen A. Schwarzman. Blackstone Group Inc, the world's largest manager of alternative assets such as private equity and real estate, is seeking to raise $4 billion for a fund to invest in various asset classes . } }, See Full List: All Stocks Held By Blackstone Inc. if (table) { Motel 6 is based in the United States and Canada. Since going public in 2007, Blackstone has multiplied eightfold the equity capital it devotes to real estate, to $163 billion. In July 2015, Blackstone acquired Excel Trust, a real estate investment trust, for around $2 billion. Their most recent investment was on Feb 27, 2023, when Wiz raised $300M. 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 is one of the worlds leading investment and advisory firms. For a full list of all Bain Capital Private Equity investments, click here. This year, 31 companies that primarily make their money in real estate made the listthat excludes such firms as Blackstone, which holds a global real estate portfolio it last valued at nearly . 2023 PitchBook. What's the most common types of sub-organization? list of blackstone portfolio companies . ", "Blackstone snaps up Ancestry.com in $4.7bn deal", "Blackstone buys Takeda's over-the-counter business for $2.3bn", "Blackstone will invest close to $400 million in mobile app marketer Liftoff", "Butlin's owner Bourne Leisure slumps to loss as pandemic takes toll", "Blackstone Bids to Buy Australia's Crown Resorts", "Blackstone rolls the dice with $6.2 billion move on Australia's Crown Resorts", "Hasbro to Sell EOne Music Unit to Blackstone for $385 Million - BNN Bloomberg", "MGM Resorts International Announces Agreements To Purchase Infinity World's 50% Interest In CityCenter And Monetize CityCenter Real Estate Assets", "AIG to sell life and retirement unit stake to Blackstone, another with IPO", "Liftoff and Vungle Merge: 2 Top-Ten Mobile Ad Networks Owned By Private Equity Fund Blackstone Combine Forces", "Blackstone buys majority stake in SPANX, Inc", "Blackstone to Acquire Nucleus Network, Australia's Largest Phase One Clinical Trials Specialist", "Australia's Crown Resorts backs US$6.3 billion Blackstone buyout offer", "Crown Resorts Finalizes $6.6B Blackstone Group Acquisition", "Blackstone to buy American Campus Communities for nearly $13 billion", "Blackstone Is Buying PS Business Parks for $7.6 Billion", "Blackstone, Emerson Electric Strike $14 Billion Buyout Deal", "Emerson selling climate technologies in $14B deal", "Blackstone buys security firm Vivint for over $2 billion", Blackstone Real Estate Investment Portfolio, "Blackstone to Buy Stakes in Apartment Complexes From GE Unit", "Blackstone to Sell California Office Buildings for $3.5 Billion", "Blackstone traekker sig fra omstridt ejendomhandel (Blackstone withdraws from disputed real estate trade)", "Blackstone's BREIT slump looks nasty but not fatal", "Blackstone Just Limited Withdrawals From REIT", "Blackstone to acquire GSO Capital, buy back shares", "Blackstone to Buy Hedge Fund to Strengthen Credit Operations", "Motel 6 to pay $7.6 million for giving guest lists to U.S. immigration", "Motel 6 pays $12 million for sharing guest lists with U.S. immigration: Washington AG", "A Top Financier of Trump and McConnell Is a Driving Force Behind Amazon Deforestation", "Warren says Blackstone worsening climate change in new private equity salvo", "The Finance 202: Elizabeth Warren is escalating attacks on private equity. BMBL. var trs = table.getElementsByTagName('tr'); Blackstone Inc. Blackstone Alternative Credit Advisors LP Blackstone Management Partners L.L.C. On February 14, 2022 Crown Resorts accepted Blackstone's takeover offer. The Blackstone Real Estate portfolio company, which plans to keep its headquarters at Willis Tower in Chicago, is expected to take down a full floor at The Quad, a well-known development. Win whats next. Blackstone Credit provided $1.9 billion (2) of a $2.85 billion first lien facility (consisting of a $2.65 billion first lien term loan and $200 million revolver) to support the acquisition of The Dovel Group by Guidehouse , a Veritas portfolio company, and pay a shareholder dividend In the last 3 years, The Blackstone Group has exited 26 companies. Blackstone Group on November 15, 2019, invested $167 million in the holding company of Future Lifestyle Fashions Ltd., Ryka Commercial Ventures Pvt. Premium Blackstone is in the process of taking three portfolio firms public, including a US listing for an IT services firm.bloomberg 2 min read. Construction Portfolio . [25], In 1991, Blackstone created its Europe unit[26][27] and launched its real estate investment business with the acquisition of a series of hotel businesses under the leadership of Henry Silverman. The fascinating story of how Blackstone gets its portfolio companies to work together begins from here. [56] La Quinta Inns & Suites was spun out for IPO in 2014 and was later acquired by Wyndham Hotels & Resorts[57]. Blackstone's Portfolio Operations team partners with companies to create purposeful, valuable, growth-oriented businesses. PitchBooks data visualizations quickly surface an investors historical investmentsshowing a breakdown of activity by industry, year and region. Back to BX Overview. portfolio companies. After a resistance of residents and questions regarding the legality of the purchase agreement, Blackstone withdrew from it in October 2019. The SunGard transaction is also notable in the number of firms involved in the transaction, the largest club deal completed to that point. Private Equity - Blackstone Private Equity We play a vital role in helping companies realize their growth potential. Blackstone Group 's most notable exits include NCR , TaskUs , and Blue Yonder. [4]:4556 Blackstone finalized fundraising for its first private equity fund in the aftermath of the October 1987 stock market crash. 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 will file the next quarterly 13-HR in about 3 months. Aexis Telecom. Portfolio. Following the acquisition, Blackstone merged GSO's operations with its existing debt investment operations. Blackstone's most notable real estate investments have included EQ Office, Hilton Worldwide, Trizec Properties, Center Parcs UK, La Quinta Inns & Suites, Motel 6, Wyndham Worldwide, Southern Cross Healthcare and Vicinity Centres. Formerly it was an Equity office. 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 Blackstone co-founder Peter Peterson was the former chairman and CEO of Lehman Brothers. This list may not reflect recent changes . See Details: Top 10 Stocks Held By Blackstone Inc. stock quote data powered by Ticker Technologies. In September 2019, Blackstone announced it agreed to purchase 65% controlling interest in, On November 8, 2019, Blackstone Group acquired a majority stake in MagicLab, the owner of dating app. Blackrock is based out of New York. ABRY Communications. Blackstone Real Estate Advisors L.P. In 1987 Blackstone entered into a 5050 partnership with the founders of BlackRock, Larry Fink (current CEO of BlackRock), and Ralph Schlosstein (CEO of Evercore). During the buyout boom of 2006 and 2007, Blackstone completed some of the largest leveraged buyouts. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. In March 2007, RGIS announced that Blackstone Group purchased a controlling interest in the company, the terms of the transaction were not disclosed.
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