Jul 12, 2012

New York Times Features Blackstone Portfolio Operations Team

Today, the New York Times featured Blackstone’s Portfolio Operations team in “Private Equity Giants Use Size to Lean on Suppliers”. The article underscored how Blackstone implements strategies such as group purchasing programs to help its portfolio streamline operations and cut costs.

Blackstone-driven procurement has lowered costs, increased profitability and boosted returns for its portfolio of companies, across a variety of different verticals, saving around $600 million since 2006. By generating such benefits, Blackstone helps its portfolio companies ultimately achieve long term profitability and growth.