International Financing Review recently named Blackstone “Americas Issuer of the Year” in its annual awards feature. Read the full article here.
International Financing Review’s senior editorial team selected award winners by researching industry news sources and soliciting brief presentations from financial entities. Pitching was entirely optional and consideration for awards was not be limited to advisers or issuers that pitch in this way. Blackstone did not submit a pitch. A different editorial board may have come to different conclusions. Blackstone does not know whether it has been rated by this or any other third party in any way that would conflict with these awards. There may be other award categories for which Blackstone, its funds or its portfolio companies were considered but not awarded. The awards may not be representative of a particular investor’s experience or the future performance of any Blackstone fund or transaction. There is no guarantee that similar awards will be obtained by Blackstone with respect to existing or future funds or transactions. This information is provided solely for informational purposes. It should not relied upon as any indication of future performance of Blackstone or any of its funds or portfolio companies.
Past performance cited in the article is not necessarily indicative of future results and there can be no assurance that Blackstone funds will achieve comparable results.
Private Equity: Net returns for Private Equity core funds cited in the article for realized investments, from inception of the business in October 1987. Private Equity core funds represent the flagship global funds (BCP I – BCP VI) and flagship sector funds (Blackstone Energy and Blackstone Communication funds). Do not include Tactical Opportunity, Asia or Strategic Partners funds. These returns are calculated as the internal rate of return of the total contributions and distributions (including fees, drawdown of expenses, return of capital and recouped losses) for realized investments.
Real Estate: Net returns for real estate opportunity funds cited in the article for realized investments, from inception of the business in January 1992. Opportunity funds include Pre-BREP - BREP VII, BREP Int’l I – BREP Europe III, BREP Asia, BREP Co-Invest, and exclude real estate debt funds.