The Firm
The Firm

Blackstone is a premier global investment and advisory firm that strives to create lasting value for our investors, the companies in which we invest and society at large.
 

We are a firm of 1,470 professionals in 22 offices worldwide.  But we are more than that.  Our portfolio companies employ over 686,000 people around the world making us a major factor in economies around the world.  If our portfolio holdings and transactions were combined into a single company, it would rank as the equivalent of number 7 on the Fortune 500.  We are a trusted partner to many of the world’s top institutional investors, and through our various investment vehicles we preserve and protect over $150 billion in assets for public and corporate pension funds, and academic, cultural and charitable organizations, among others.  And we are a leading independent financial advisor, handling highly complex and critical M&A, restructuring and reorganization assignments for corporate and government clients around the world.

The firm was founded in 1985 by Stephen A. Schwarzman, our Chairman and Chief Executive Officer, and Peter G. Peterson, who retired as Senior Chairman in 2008.  They began with a modest balance sheet of $400,000 but with a wealth of entrepreneurial ideas about creating a world class investment business built on a foundation of uncompromising commitment to excellence.  Their vision was to create a firm that put clients’ needs first, that was independent and conflict free, adhered to the highest ethical standards and sought to create long-term value for all stakeholders.

From that beginning, Blackstone has become a leader in alternative asset management.  We manage a wide variety of funds that make private equity, real estate, credit and hedge fund investments all over the world.  In addition, Blackstone is also a top provider of restructuring, financial and strategic advisory and fund placement services.  All of these businesses reflect our strong partnership culture, solid foundation of intellectual capital, commitment to exceptional performance and uncompromising integrity. 

Blackstone completed its initial public offering in June 2007 and is listed on the New York Stock Exchange (ticker symbol BX).