[85], Blackstone operates through four primary departments: private equity; real estate; hedge funds; and credit. The oldest fund launched was in 2014. Blackstone portfolio company La Quinta Inns & Suites ranks #12 among large companies in The Dallas Morning News 2014 list of Top Places to Work. function expandRow(from,plus) { Search By Name Geography Status Year Invested Sort by Order 1E Industry Technology Invested Jun 2021 Status Current Read More Abrigo Industry Technology Invested Jul 2021 Status Current Read More Accelerate Learning Industry activities, notable investors of these companies, their management team, and recent news are also included. height: 20px; The Blackstone Group was founded in 1985 by Peter G. Peterson and Stephen A. Schwarzman. [157] The firm invests through minority investments, corporate partnerships, and industry consolidations, and occasionally, start-up investments. [50], Two years later, in 2005, Blackstone was one of seven private equity firms involved in the buyout of SunGard in a transaction valued at $11.3 billion. The average manager tenure for all managers at Blackstone is 4.59 years. Job Title: Portfolio Insights, Associate. Blackstone / GSO Debt Funds Management Europe II Limited, Milan Branch (Italy) Blackstone Energy Family Investment Partnership (Cayman) ESC L.P. Blackstone Energy Family Investment Partnership (Cayman) II - ESC L.P. 100.00% of all the mutual funds are no load funds. what if germany didn't invade russia. Experienced Solution Provider for Partners. Reset Filters. Probably Another Veil, Blackstone, Wellspring to acquire Performance Food Group in $1.3bn deal, "Byron Allen's Company Buys Weather Channel for $300 Million", "Anheuser-Busch Inbev and Blackstone announce completion of sale of Busch Entertainment Corporation", "Merlin Entertainments Gains on Debut After $1.5 Billion IPO", "Merlin Entertainments shares rise on London stock market debut", "Over and out: Dynegy and Blackstone call it quits", "Blackstone Said to Acquire Centro's U.S. Shopping Centers for $9.4 Billion", "Blackstone Sells Rest of Stake in Shopping-Center REIT Brixmor", "Blackstone Completes Acquisition of Emdeon", "Blackstone agrees to hand over Jack Wolfskin to lenders", "WHEW: Blackstone Almost Bought Knight Capital Before Its Stock Collapsed", "Accor to Sell Motel 6 to Blackstone for $1.9 Billion", "Blackstone Announces Closing of Vivint Transaction", "Nortek to Acquire 2Gig for $135M, Fold into Linear Security", "Blackstone drops out of race to buy Dell", "First Potomac Realty Trust Completes Sale Of Industrial Portfolio For $259 Million", "StonebridgeCarras to transform industrial park opposite Potomac Yard", "Blackstone Announces Strategic Investment in ThoughtFocus Technologies", "Blackstone Closes Acquisition of Strategic Partners from Credit Suisse", Versace deal with Blackstone values group at 1 billion euros, "Versace Sells Minority Stake to Blackstone", "Blackstone grants $4 million to create Colorado entrepreneurs network", "Deutsche Bank sells casino to Blackstone for $1.7 billion", "Vine Oil & Gas and Blackstone Energy Partners to Acquire Shell's Haynesville Assets", "Blackstone Announces Sale of Gold Fields House in Sydney to Dalian Wanda Group", "Blackstone Completes Acquisition of Excel Trust", "Blackstone to Sell GCA Services Group to Thomas H. Lee Partners and Goldman Sachs", "Blackstone Completes Acquisition Of BioMed Realty Trust", "Blackstone Sells 4 Office Towers To Douglas Emmett For $1.34B", "Leading Music Rights Organization SESAC to Be Acquired by Blackstone", "Blackstone to Buy Aon's Human Resources Outsourcing Platform for $4.3 Billion", "Alight, formerly part of Aon Hewitt, seeks to expand its cloud services portfolio", "Buyout fund Blackstone buys The Office Group valuing it at $640 million", "Pure Industrial Real Estate Trust enters into definitive agreement to be acquired by Blackstone for $8.10 in cash per unit in a $3.8 billion transaction", "Thomson Reuters Sells Stake in Unit to Blackstone-Led Group", "Blackstone Real Estate Income Trust Acquires $1.8 Billion Canyon Industrial Portfolio", "Blackstone Group Buys 22M SF Industrial Portfolio For $1.8B", "Blackstone to Make Strategic Minority Investment in Rockpoint", "Kohlberg Announces Strategic Investment by Blackstone", "Blackstone to Acquire 1 billion Majority Stake in Luminor Through a Corporate Partnership", "Thomson Reuters closes deal with Blackstone", "Blackstone to Buy Clarus as It Jumps Into Life Sciences", "Yankee Global Enterprises with Strategic Partners Sinclair and Amazon Acquire YES Network from Disney", "Yankees partner with Amazon, Sinclair, and Blackstone to buy YES Network", "Blackstone acquires 51% stake in Essel Propack - Exchange4media", "Sudhanshu Vats Appointed CEO And MD At Essel Propack", "Blackstone joins 5.9B deal to take Legoland owner private", "Blackstone Announces Agreement to Acquire Vungle, a Leading Mobile Performance Marketing Platform", "Blackstone to Buy 65% of Park Operator Great Wolf Resorts", "Blackstone Takes Controlling Stake in Owner of Dating App Bumble", "Blackstone bets $167 mn more on Future Group's fashion business", "Blackstone Real Estate Income Trust Completes Acquisition of Bellegio from MGM Resorts International", "Blackstone to invest $400 million in gene therapy venture with Ferring", "Blackstone to Buy Majority Stake in Software Company HealthEdge", "Blackstone wraps up $700M deal for HealthEdge", "Activists sour on Oatly vegan milk after stake sold to Trump-linked Blackstone", "Is There No Ethical Oat Milk Consumption Under Capitalism? 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. In 2009, Blackstone purchased Busch Entertainment (comprising the Sea World Parks, Busch Garden Parks and the two water parks). 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. Last Updated: July 20, 2022. Insights about top trending companies, startups, investments and M&A. 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 following are subsidiaries of The Blackstone Group L.P. as of December 31, 2016 and the jurisdictions in which they are organized. 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. Top Investor Types Accelerator , Venture Capital , Private Equity Firm. Its largest (disclosed) acquisition occurred in 2021 when it acquired Medline Industries for $34.0B. Is Blackstone client of Wipro? 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. [165] The buildings sold in San Francisco and Silicon Valley included 26 office buildings and two development parcels. Blackstone acquired Prime Hospitality[54] and Extended Stay America in 2004. if (isexpanded[from]) { Blackstone's largest holding is Cheniere Energy Partners LP with shares held of 203,782,059. With that as its mission, the Blackstone Legal Fellowship is open to: The Blackstone Legal Fellowship is designed primarily for students who are completing their first year in law school. Patrick Redevelopment OUR PARTNERS From ad agencies to landscapers, we push one another to greatness. ", "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. [4]:4556 Blackstone finalized fundraising for its first private equity fund in the aftermath of the October 1987 stock market crash. Blackstone Inc. Institutional investors purchased a net $3.6 million shares of BX during the quarter ended June 2019. In 2015, the digital assets were sold to IBM for $2 billion. 5 5.Blackstone Group Inc - Portfolio Holdings, AUM (13F, 13G) - Fintel. Hilton Worldwide was previously known as Hilton Hotels Corporation from 1919 to 2009. 7. In March 2020, Blackstone announced that it is buying a majority stake in HealthEdge, a health-care software company. The average expense ratio from all mutual funds is 2.85%. [36] Also in 1997, Blackstone made its first investment in Allied Waste. Blackstone Group on November 15, 2019, invested $167 million in the holding company of Future Lifestyle Fashions Ltd., Ryka Commercial Ventures Pvt. Clarus Ventures LLC Blackstone Alternative Solutions L.L.C. What's the investment trend over time for this hub? 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 . [10], Blackstone was originally formed as a mergers and acquisitions advisory boutique. Separately, in the largest real estate transaction in India, Brookfield bought 12.8 million sq. Our portfolio companies reflect our deep sector focus and specialization. In doing so, he has . } [22] That same year, Blackstone formed a partnership with J. O. Hambro Magan in the UK and Indosuez in France. Rocky Mountain states (CommNet Cellular) were among the most successful of the era, generating $1.5 billion of profits for Blackstone's funds. 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. everybody anybody somebody nobody poem by charles osgood, rock and roll hall of fame inductees 2022, mazda financial services lienholder address, martin funeral home estill, south carolina obituaries. blackstone inc: 38,236,401 +1,750,719: $4,853,728: bx: 38,236,401 +1,750,719: $4,853,728: waste mgmt inc del: 30,615,210 +673,451: $4,852,507: wm: 30,615,210 +673,451: $4,852,507: activision blizzard inc: 60,540,901-840,362: $4,849,935: atvi: 60,540,901-840,362: $4,849,935: aon plc: 14,259,360-131,227: $4,643,277: aon: 14,259,360-131,227: $4,643,277: ford mtr co del : DASH. Blackstone is based out of New York. After a resistance of residents and questions regarding the legality of the purchase agreement, Blackstone withdrew from it in October 2019. How much aggregate funding have these organizations raised over time? 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. [42], In October 2000, Blackstone acquired the mortgage for 7 World Trade Center from the Teachers Insurance and Annuity Association. PitchBooks data visualizations quickly surface an investors historical investmentsshowing a breakdown of activity by industry, year and region. Under no circumstances does any information posted on stockzoa.com represent a recommendation to purchase or sell a stock. BMBL. Before the Blackstone group was founded, both, Peter and Stephen worked together at Lehman Brothers. [4]:221223, In 2007, Blackstone acquired Alliant Insurance Services, an insurance brokerage firm. This list may not reflect recent changes ( learn more ). 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. Marine Spares Engine Mak Wartsila,DEUTZ PIELSTICK NOHAB MAN,ABC BERGEN Crossely FIAT,RUSTON SULZER BLACKSTONE etc,WARTSILA 6L20Crankshaft WARTSILA 9R32 Crankshaft ,WARTSILA 8R32 8M20 Crankshaft.,PURIFIER HYDRAULIC PUMP & MOTORs,Turbochargers ETc.,, . The SunGard transaction is also notable in the number of firms involved in the transaction, the largest club deal completed to that point. [28] In 1993, Hospitality Franchise Systems acquired Super 8 Motels for $125 million. Our funds and our performance may be adversely affected by inaccurate financial projections of our funds portfolio companies, contingent liabilities, counterparty defaults or forced disposal of investments at a disadvantageous time. Blackstone Inc. Blackstone Alternative Credit Advisors LP Blackstone Management Partners L.L.C. [53], While Blackstone was active on the corporate investment side, it was also busy pursuing real estate investments. [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. Blackrock's largest holding is Apple Inc with shares held of 1,029,208,322. Since going public in 2007, Blackstone has multiplied eightfold the equity capital it devotes to real estate, to $163 billion. Blackstone followed these investments with the acquisition of La Quinta Inns & Suites in 2005. 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'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. 2) Hilton Worldwide Hilton Worldwide was previously known as Hilton Hotels Corporation from 1919 to 2009. 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. [citation needed] In 2020 they acquired Ancestry.com. New York City-based Warburg Pincus was founded in 1966. Jun 5th, 2022 . Including: Biggest new positions Biggest exits Biggest increased positions Biggest decreased positions. Portfolio Spotlight: Gates Corporation When Blackstone invested in Gates Corporation, we focused on the people putting in place talent development programs to build the best possible team and help the company The company was started in 2003. trs[i].className = 'showrow'; 1986: Company developed Residence Inn in Boulder, co. 1986: Company developed Residence Inn in Saint Louis. The combined entity created one of the largest credit platforms in the alternative asset management business, with over $21 billion under management. 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 Insights about top trending companies, startups, investments and M&A activities, notable. [51][52], In 2006, Blackstone launched its long/short equity hedge fund business, Kailix Advisors. AUM: $2.511 trillion. Blackstone is a member of the Real Estate Roundtable, a special interest group which spends millions on lobbying and political donations every year. See Details: Top 10 Stocks Held By Blackstone Inc. stock quote data powered by Ticker Technologies. In March 2007, RGIS announced that Blackstone Group purchased a controlling interest in the company, the terms of the transaction were not disclosed. Why must big City firms always fall for scams like FTX? The largest investors in the first fund included Prudential Insurance Company, Nikko Securities and the General Motors pension fund. Western Midstream Partners L Com Unit Lp Int, Plains All Amern Pipeline L Unit Ltd Partn, Crestwood Equity Partners Unit Ltd Partner, Coupa Software Note 0.375% 6/1 (Principal), Fifth Wall Acquisitn Corp Ii Class A Ord Shs, Macondray Cap Acquisitn Corp Class A Ord Shs, https://www.sec.gov/Archives/edgar/data/1393818/0, Track 13F-HR Filings for Hedge Funds and Value Investors. The firm focuses on friendly investments in large capitalization companies. overripe kiwi alcohol; atlantic automotive group; list of blackstone portfolio companies; iowa total care dental providers; driver portal ecph; rock and roll hall of fame inductees 2022 No Comments; June 4, 2021 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 . Blackstone Real Estate Advisors L.P. Acadia Healthcare. 801-407-6850. Team Description: Portfolio Operations. 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. In January 2008, Blackstone made a small co-investment alongside TPG Capital and Apollo Management in their buyout of Harrah's Entertainment, although that transaction had been announced during the buyout boom period. Founded in 1985, The Blackstone Group is a private equity firm based in New York, New York. The Hilton deal, announced on July 3, 2007, is often referred to as the deal that marked the "high water mark" and the beginning of the end of the multi-year boom in leveraged buyouts. In other words, companies that private equity firms hold an interest in are considered portfolio companies. GME Stock Split in 2023 [Things You Need to Know], Shopify Stock Split in 2023 [Everything You Need to Know], Publix Stock Split in 2023 [Things You Need to Know], Property Development and Management, Retail Property. Vicinity Limited which trades with the name of Vicinity Centres was previously known as Federation Centres and Centro Properties Group. Blackstone is also active in credit, infrastructure, hedge funds, insurance, secondaries, and growth equity. FGIC incurred heavy losses, along with other bond insurers in the 2008 credit crisis. 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 . Contact our team. 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 2 2.List of top Blackstone Group Portfolio Companies - Crunchbase Hub . Blackstone Secured Lending Fund. Motel 6 also operated Studio 6. Blackstone was a net seller of stock by $-2.8B. [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. Together, we're making life better for more than 250,000 residents. [4]:144147 He left Blackstone in 1999 to start his own private equity firm, Heartland Industrial Partners, based in Greenwich, Connecticut. 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. var table = document.getElementById(tableid); AUM: $6.1 trillion. 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. Cloud commerce platform provider for online software businesses . 1985, New York City (United States) Private fund focused on debt, hedge, and equity investments in real estate and multiple sectors. During the buyout boom of 2006 and 2007, Blackstone completed some of the largest leveraged buyouts. The firm prefers to invest through means of buyouts, debt, mergers, acquisitions, mezzanine, and growth capital. Who is the top investment company?BlackRock. 4 4.What Companies Does Blackstone Own In 2022 - DATAROMA. During the financial crisis of 20072008, Blackstone managed to close only a few transactions. In March 2019, Blackstone purchased, with, In April 2019, Blackstone acquired a majority stake in the, In June 2019, Blackstone announced it had teamed with the Canada Pension Plan Investment Board and KIRKBI to buy Merlin Entertainment, the owners of. In August 2021, the merger of two Blackstone portfolio companies, Vungle and Liftoff, was announced. Its name is derived from the Initials of three different groups that are Zeckendorf, Eagle Star, and Convent Gardens. The innovation, knowledge and experience of our partners continues to be instrumental to our company's success. 7 7.BLACKSTONE INC. This may signal that the smart money is gaining interest in this company as . }, See Full List: All Stocks Held By Blackstone Inc. [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. Added to shares of these 10 stocks: FR (+$241M), Paysafe (+$152M), MMP (+$123M), KNTK (+$48M), PTCT (+$42M), XBI (+$29M), DLO (+$28M), STNE (+$19M), Mobileye Global (+$16M), CMPX (+$16M). Which companies in this hub have the most subsidiaries? The purchase and subsequent IPO of Southern Cross led to controversy ICO Companies Office: 3401 N. Center St. Suite 300 Lehi, UT 84043. ft of office and co-working portfolio for $2 billion. The Vanguard Group. [45], With a significant amount of capital in its new fund, Blackstone was one of a handful of private equity investors capable of completing large transactions in the adverse conditions of the early 2000s recession. Epicor Software, a company that was backed by the KKR investment group, completed a $1.9 billion deal, and Radiate Holdco, a TPG Capital-owned company, did a $2.6 billion deal, according to S&P. 3 3.Private Equity - Blackstone. Link to 13F filings: SEC filings, .htable { font-family: Arial; font-size: 13px; border-bottom: 1px dotted #666666; width: 646px; } Blackstone Advantage, a program available to Blackstone portfolio companies, creates a platform to cross-sell products and services to each other and allows them to access the resources and expertise of the platform, generating value beyond just capital. In February 2011, the company acquired Centro Properties Group US from, In November 2011, a fund managed by the company acquired medical biller, In late 2011, Blackstone Group LP acquired, In August 2012, Blackstone was part of a consortium that financed, In October 2012, the company acquired G6 Hospitality, operator of. It has almost 80 different offices and it was founded by Sam Zell. At the time of its announcement, the EQ Office buyout became the largest in history, surpassing the buyout of, A consortium led by Blackstone and including the, Blackstone, together with Bain Capital, acquired Michaels, the largest arts and crafts retailer in North America in a $6.0 billion leveraged buyout in October 2006. 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. crowell timber hunting leases. if (i > from && i <= to) { In 2018, the remainder of the company was sold to Byron Allen for $300 million. Blackstone spent at least $6.2 million to defeat California's Proposition 10, which would have allowed cities to enact rent control. [82], In November 2013, Merlin Entertainments, owned in part by Blackstone Group, became a public company via an initial public offering on the London Stock Exchange. Changed name from The Blackstone Group, Aug. 6, 2021. The portfolio companies listed below have been acquired, invested, or exited within 5 years of the current quarter. By clicking the button below, your credit card will be charged $24.00 USD (one time) and you'll have access to all Blackstone Group data for 90 days. Blackstone was founded in 1985 by Peter G. Peterson and Stephen A. Schwarzman with $400,000 in seed capital. Top Investor Types Micro VC , Hedge Fund , Accelerator , Angel Group , Venture Debt. Materials from previous years are available below in PDF format.