Private Equity

We play a vital role in helping companies realize their growth potential. We uncover and unlock value by identifying great companies with untapped potential and enhancing their performance.

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Note: All figures as of March 31, 2024, unless otherwise indicated.

1. As of December 31, 2023.

WHAT WE DO

We invest across industries in both established and growth-oriented businesses across the globe.

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Disciplined Due Diligence

Our investment approach is based on a disciplined due diligence process that measures risk while identifying the catalysts for increased value. We engage only in friendly transactions and work with talented management teams to achieve positive results.

Transformative Impact

We strive to create value by investing in great businesses where our capital, strategic insight, global relationships and operational support can drive transformation.

Staying Power

When we partner with a business, we focus on building it to last. Our staying power, drawn from the scale and breadth of the platform we’ve grown over 35 years, helps our companies withstand market cycles and succeed for the long term.

OUR PORTFOLIO

We are proud of Blackstone’s role as a positive economic catalyst for the companies in our Corporate Private Equity portfolio. We work to identify, invest in and enhance the value of great businesses.

Emerson Climate Technologies

Emerson’s Climate Technologies business – including its marquee Copeland compressor brand – is a global leader in next-generation Heating, Ventilation, Air Conditioning and Refrigeration (HVACR) products. We look forward to helping the company drive its next stage of growth as consumers and businesses increasingly shift to more energy-efficient heating and cooling solutions.

Hello Sunshine

Hello Sunshine is a mission-driven content and media business founded by Reese Witherspoon. The company seeks to change the narrative for women by providing original content that places women at the forefront. Hello Sunshine joined Blackstone through Candle Media, a Blackstone-backed next-generation media company led by Kevin Mayer and Tom Staggs.

Legence

Legence works with mission-critical and high performance facilities — healthcare, schools, data centers, biopharma, high tech manufacturing, commercial real estate, and government buildings — to reduce carbon emissions, implement renewables, lower utility costs through increased efficiency, enhance system operation and improve the wellbeing of occupants, all towards building a stronger company.

TDI

Transmission Developers Inc. (TDI) is a developer of clean energy transmission projects including the Champlain Hudson Power Express (CPHE), an underground transmission line that will bring hydropower from Quebec to New York City. CHPE is expected to create enough energy to power over one million homes, supporting New York State’s clean energy transition.

Bumble

Bumble owns and operates several leading dating and social networking apps, including its namesake platform, Bumble, and Badoo. Founded by CEO Whitney Wolfe Herd, Bumble is a pioneer in female-friendly online dating where women make the first move. In partnership with the company, we have leveraged Blackstone’s scale and deep bench of operational resources to help fuel Bumble’s continued growth.

Ancestry

Ancestry provides digital family history services to more than 3.6 million subscribers in over 30 countries. Ancestry’s large user network, unique content and scaled technology platform have turned it into an industry leader. We look forward to investing in new product development and resources to help Ancestry’s customers learn more about their family histories and themselves.

News & Insights

Updates from Private Equity

One-on-One with Joe Baratta: Navigating Today’s Investment Landscape

Joe Baratta, Global Head of Private Equity, discusses the macro backdrop and Blackstone’s approach.

Q&A with Amit Dixit and Tuhin Parikh on Blackstone’s Conviction in India

For sixteen years, Blackstone has sought opportunities to back Indian companies and catalyze the nation’s economic growth. Amit Dixit, Head of Asia for Private Equity, and Tuhin Parikh, Head of India for Real Estate, discuss our conviction in India and what energizes them about the years ahead.

More Than Just a Job: Marcus Felder on Blackstone’s Career Pathways™ Program

Vice President in Portfolio Operations Marcus Felder shares how Blackstone’s Career Pathways program strengthens our portfolio companies by broadening the candidate pool, fostering economic mobility and creating opportunity for individuals from historically under-represented groups. Beyond helping our companies recruit talent, we also help them develop inclusive, equitable environments that promote employee retention and long-term success.

Joe Baratta Portrait

“We are constantly looking for situations where
we are able to add value in a way that our
competitors don’t.”

Joseph Baratta

Global Head of Private Equity