Insights about top trending companies, startups, investments and M&A activities, notable. AUM: $6.1 trillion. By leveraging the scale of the Blackstone portfolio, we are able to work with insurers to create tailored products and achieve price discounts for our companies. var trs = table.getElementsByTagName('tr'); var isexpanded = new Array(); [160], 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. He also serves on the firm's executive and management committees, and its board of directors. Get the full list, Youre viewing 5 of 1,084 team members. 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. [39], In 1999, Blackstone launched its mezzanine capital business. In October 2021, the Blackstone Group acquired a majority stake of Spanx, Inc. With 1,000 employees, the company manages a $64 billion private equity portfolio and has made more than 835 investments in its long history. 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. The company restructured its debt in 2010. Blackstone Infrastructure Advisors L.L.C. [citation needed] In 2020 they acquired Ancestry.com. Blackstone is a member of the Real Estate Roundtable, a special interest group which spends millions on lobbying and political donations every year. ", Sorkin, Andrew Ross and de la Merced, Michael J. [43], In July 2002, Blackstone completed fundraising for a $6.45 billion private equity fund, Blackstone Capital Partners IV, the largest private equity fund at that time. The largest investors in the first fund included Prudential Insurance Company, Nikko Securities and the General Motors pension fund. [16] The growth firm also recruited politician and investment banker David Stockman from Salomon Brothers in 1988. On July 15, 2019, Blackstone announced its plans to acquire Vungle Inc., a leading mobile performance marketing platform. * To download the data without a subscription, you can purchase 90-day access to a single fund (Blackstone Group) for $24.00 USD (one time). The Blackstone Group was founded in 1985 by Peter G. Peterson and Stephen A. Schwarzman. [49], Blackstone made a significant investment in Financial Guaranty Insurance Company (FGIC), a monoline bond insurer alongside PMI Group, The Cypress Group and CIVC Partners. This data is downloadable for data subscribers. What companies does the Blackstone Group own? Blackstone leverages that capital by taking out mortgages, so the . .showrow { Blackstone was a net seller of stock by $-2.8B. Which companies in this hub have the most subsidiaries? [170] GSO was founded in 2005 by Bennett Goodman, Tripp Smith, and Doug Ostrover. Fortune's exclusive look at the cou The fascinating story of how Blackstone gets its portfolio companies to work together begins from here. $726,340. Blackstone's largest holding is Cheniere Energy Partners LP with shares held of 203,782,059. Investing in a portfolio company aims to increase its value and earn a return on investment through a sale. The Firms most common exit type is trade sale (41%). 6,428,927. Win whats next. 7 7.BLACKSTONE INC. list of blackstone portfolio companies. Blackstone leverages that capital by New. [14], In March 2008, Blackstone acquired GSO Capital Partners, a credit-oriented alternative asset manager, for $620 million in cash and stock and up to $310 million through an earnout over the next five years based on earnings targets. AUM: $7.318 trillion. In May 2011, Southern Cross, now independent, was almost bankrupt, jeopardizing 31,000 elderly residents in 750 care homes. [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 core focus of the team is to prepare, evaluate, analyze, and summarize portfolio performance on a fund and investment basis - activities which are critical to supporting the . [36] Also in 1997, Blackstone made its first investment in Allied Waste. In November 2015, the company agreed to sell facility management firm GCA Services Group to. This list of organizations invested in by BlackRock provides data on their funding history, investment activities, and acquisition trends. 1 Dividends since IPO include $0.59/share of value distributed to shareholders upon spin 62nd Street, L.L.C. } Will Put $1.35 Billion Into Blackstone, A trash hauler is buying a much bigger rival, a type of deal that makes Wall Street a bit nervous, "Blackstone Acquires Debt on 7 World Trade Center", Vivendi Finishes Sale of Houghton Mifflin To Investors, "At Blackstone, James Builds A Following", Blackstone Group May Purchase Auto Parts Business From TRW, Blackstone Buys Majority Stake in Columbia House, A Split-Up of Insurers of Bonds Is Considered, Capital Firms Agree to Buy SunGard Data in Cash Deal. Nikko's investment allowed for a major expansion of the firm and its investment activities. Top Funding Types Grant , Series A , Series B , Series C , Series D. BlackRock is an investment company that offers its services to institutions, intermediaries, foundations, and individual investors. The Blackstone Group also known as Blackstone Inc. is an alternative investment management company that is based in New York City, America. } In 2012, Blackstone acquired a controlling interest in Utah-based Vivint, Inc., a home automation, security, and energy company. var tableid = 'hldtable'; 2017 Donor List; 2016 Donor List; Annual Report; News & Events; Camps; Get Involved; Contact; Donate! The firm prefers to invest in private equity, real estate, public debt, equity, non-investment grade credit, real assets, and secondary funds. In March 2020, Blackstone announced that it is buying a majority stake in HealthEdge, a health-care software company. The company was sold to Kohlberg Kravis Roberts in 2012. Blackstone works hand in hand with portfolio companies, empowering them with tools and insights from across the portfolio to help strengthen their businesses. The recently unveiled national budget boosted capital spending by more than expected, adding to the excitement. investors of these companies, their management team, and recent news are also included. In October 2018, Blackstone announced to buy Clarus. The firm focuses on friendly investments in large capitalization companies. 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. Bauer is building a unique brand strategy and transformation practice for Blackstone's 250 portfolio companies, whose brands include Oatly, Spanx, Bumble and Supergoop. Javascript is disabled or is not supported by your browser. crowell timber hunting leases. tested every investment manager, the virtuous circle driving Blackstone's success - strong performance leading to investor trust and further growth - has continued to set our firm apart. What's the most common final funding type when companies get acquired? BENGLAURU: 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 property values. Blackstone acquired Prime Hospitality[54] and Extended Stay America in 2004. [13], Blackstone also ventured into other businesses, most notably investment management. Combined Holding Report Includes: Do Too Many Cooks Spoil the Takeover Deal? 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) A American Axle Ancestry.com C Ivory Apartment Homes; Ivory Homes; Portfolio companies include some big names, like First Data, GoDaddy, Lyft, PEMEX Midstream, UFC, and others. In August 2021, the merger of two Blackstone portfolio companies, Vungle and Liftoff, was announced. Back to BX Overview. AUM: $2.530 trillion. MPLX. 11 List of top Blackstone Group Portfolio Companies - Crunchbase Hub Author: crunchbase.com Published: 11/11/2021 Review: 2.84 (155 vote) Summary: This list of organizations invested in by Blackstone Group provides data on their funding history, investment activities, and acquisition trends Since going public in 2007, Blackstone has multiplied eightfold the equity capital it devotes to real estate, to $163 billion. [167], On December 1, 2022, Blackstone Inc. restricted withdrawals from its $125 billion real estate investment fund BRIET due to a surge in redemption requests from investors. 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 . Team Description: Portfolio Operations. Blackstone Real Estate Advisors L.P. The GSO team had previously managed the leveraged finance businesses at Donaldson, Lufkin & Jenrette and later Credit Suisse First Boston, after they acquired DLJ. 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 . Blackstone has made 132 acquisitions and 209 investments. 2) Hilton Worldwide Hilton Worldwide was previously known as Hilton Hotels Corporation from 1919 to 2009. Because Blackstone is a public company, you can buy shares on the New York Stock Exchange under ticker BX. 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. [4]:145146, Blackstone's investments in telecommunications businessesfour cable TV systems in rural areas (TW Fanch 1 and 2, Bresnan Communications and Intermedia Partners IV) and a cell phone operator in the Which investors participated in the most funding rounds within this hub? Which companies in this hub have the most subsidiaries? Who is the top investment company?BlackRock. Details: Partial list of Blackstone investors LP Type New York State Common Retirement Fund Public PF California Public Employees' Retirement System (CalPERS) Public PF Farmers Insurance Group of Companies Insurance Farmers Mutual Hail Insurance Company Insurance National Retirement Fund Taft-Hartley. TS Imagine. Following the acquisition, Blackstone merged GSO's operations with its existing debt investment operations. 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