Blackstone Blog


  • Aug 19, 2014

    Blackstone Welcomes 2014 BXWIN Class

    Last week, Blackstone welcomed its BXWIN14 class with Tony James, President and COO, Joan Solotar, Head of External Relations and Strategy, Laura Waitz, Global Head of Human Resources and the BXWIN13 class. BXWIN is an innovative program launched last year to create a critical mass network of incoming professional women across Blackstone.
  • Aug 12, 2014

    Blackstone Portfolio Company Trans Maldivian Airways Announces Zuvana Scholarship Recipients

    Blackstone portfolio company Trans Maldivian Airways recently announced the recipients of their Zuvana Scholarship Program, which awarded scholarships to five Maldivian students to sponsor their training to become pilots. The students were chosen from over 200 applicants.
  • Aug 11, 2014

    Blackstone and Dangote Industries Pledge to Invest $5 Billion in African Energy Infrastructure Projects

    At the U.S.-Africa Business Forum last week, Blackstone and Dangote Industries announced a joint commitment to invest $5 billion over the next five years in energy infrastructure projects across Sub-Saharan Africa.
  • Aug 07, 2014

    Ken Allen's Market Commentary: Perspectives on the Digital Marketing Ecosystem

    It has been tough to be a publicly traded Marketing Technology company of late. The share prices of companies such as Rocket Fuel, Criteo, The Rubicon Project, and Tremor Video have been punished over the past several months, with such stocks down as much as 50% or more from their peaks. This pricing pressure caused recently IPO’d TubeMogul to revise its pricing range downward by 38% (at the mid-point of the range), from $11-$13 to $7-$8, before pricing at $7 (it is currently trading at ~$10). Interestingly, while stock prices in the sector are down, the growth outlook for many companies within it continues to be quite robust, with consensus forward revenue estimates largely unchanged from peak to trough. Along with the decline in stock prices, we have similarly witnessed a significant compression in valuation multiples, with many of the Marketing Technology leaders trading at forward revenue multiples at or below those of the advertising agencies, such as Publicis and WPP, which grow at much lower rates. The table below illustrates these trends.
  • Jul 29, 2014

    Blackstone’s Joan Solotar Interviews Shelly Lazarus on Personal Branding

    At a recent Blackstone Women’s Network Event, Blackstone’s Joan Solotar, Senior Managing Director and Head of External Relations and Strategy, discussed personal branding and career advice with Shelly Lazarus, who served as Chairman and CEO of Ogilvy & Mather and currently sits on Blackstone’s Board of Directors. Click here to read the full article on the Harvard Business Review blog.
  • Jul 29, 2014

    Blackstone and Hilton Break Ground on Grand Islander

    Blackstone and Hilton Worldwide recently broke ground on the Hilton Grand Islander, a 418-unit vacation ownership tower within the iconic Hilton Hawaiian Village Waikiki Beach Resort. This 37-floor tower is Blackstone’s first ground-up timeshare development in partnership with portfolio company Hilton Worldwide. The project is expected to create more than a thousand new jobs as well as millions of dollars in tax revenue for the state of Hawaii. The Grand Islander is scheduled to open in 2017 and will feature views of the Pacific Ocean and access to the sprawling 22-acre Hilton resort.
  • Jul 21, 2014

    Blackstone Sustainability Efforts Featured in Lodging Magazine

    Lodging Magazine recently profiled Don Anderson, Blackstone’s Chief Sustainability Officer, and Blackstone’s portfolio operations team in an article focused on Blackstone’s sustainability efforts.
  • Jun 25, 2014

    Blackstone Ranks #1 in 2014 City Harvest Skip Lunch Fight Hunger Campaign

    For the 9th year in a row, Blackstone joined City Harvest to combat hunger in New York City, raising a total of $190,396 for the “Skip Lunch Fight Hunger” campaign – more than the firm has raised over the past four years combined. With the support of the Blackstone Charitable Foundation, Blackstone employees nearly tripled their contribution from last year and ranked #1 among over 200 teams who participated in the City Harvest campaign.
  • Jun 24, 2014

    Irish Taoiseach Enda Kenny Joins Blackstone to Unveil Dublin’s DoubleTree by Hilton

    Last week, approximately 250 people were in attendance as Enda Kenny, An Taoiseach (the Irish Prime Minister), and Gerry Murphy, Chairman of Blackstone Europe, unveiled The DoubleTree by Hilton in Dublin, Ireland.
  • Jun 20, 2014

    Financial News Awards “Deal of the Year” to Blackstone’s IPO of Merlin Entertainment

    Financial News recently announced its Deal of the Year as Blackstone’s IPO of Merlin Entertainment. “It is the classic private equity tale of growth under the ownership of a leading buyout shop, which took a relatively small business on to a market capitalization of $5.3 billion,” the publication said.
  • May 26, 2014

    Blackstone Honors Nation’s Veterans on Memorial Day

    This Memorial Day, Blackstone honors and extends gratitude to our nation’s veterans for their service.
  • May 21, 2014

    Blackstone’s Joe Baratta Joins City Harvest Food Rescue

    Earlier this week, Joe Baratta, Blackstone’s Global Head of Private Equity, joined the City Harvest Skip Lunch Fight Hunger truck on a food rescue ride-along.
  • May 16, 2014

    Blackstone Hosts 2nd Annual Iron Chef Competition for Leukemia and Lymphoma Society

    Last week, Blackstone employees traded their Excel models for chef hats in the second annual cook-off for a cause. The event raised more than $3,000 for the Leukemia and Lymphoma Society’s Team in Training.
  • May 15, 2014

    Blackstone's Tom Hill Leads Students on Tour of Frick Museum

    Last week, Tom Hill, Vice-Chairman of Blackstone and CEO of Blackstone Alternative Asset Management, led a tour at the Frick Museum for 8th grade students from Our Lady Queen of Angels School.
  • May 12, 2014

    Blackstone Ranked First in The Deal Pipeline's Restructuring League Tables

    For the third quarter in a row, Blackstone’s Restructuring and Reorganization team has been ranked in first place in The Deal Pipeline’s Restructuring Investment Bank League Tables. Among restructuring professionals, Blackstone’s Michael Genereux has been ranked in second place with nine active assignments. To view The Deal Pipeline’s full website, click here.
  • May 12, 2014

    Blackstone's William Murphy Guest Blogs for Scientific American

    Blackstone's Chief Technology Officer, Bill Murphy, writes on creativity, technology, and the workplace for Scientific American. Read the full article here.
  • May 02, 2014

    Jamie Baird Featured in M&A Advisor's "40 Under 40" Recognition Awards.

    Jamie Baird, a managing director at Blackstone, is honored at the 5th Annual “40 Under 40” M&A Advisor Awards, which recognize leading M&A, financing, and turnaround professionals. Click here to view the full list of awards.
  • May 01, 2014

    Blackstone's Lionel Assant Featured by Dow Jones Private Equity Analyst

    Blackstone’s Lionel Assant, head of Blackstone’s European private equity business, is featured as a “Rising Star” by Dow Jones Private Equity Analyst. Click here to read the full article.
  • Apr 29, 2014

    Blackstone Donates More Than 1,800 Pounds of Food to City Harvest

    Through our partnership with City Harvest, Blackstone is pleased to report that, in the first quarter of 2014, our 345 Park Avenue Dining Room has donated 1,815 pounds of food to help feed New Yorkers facing hunger.
  • Apr 28, 2014

    Tania Daguere Lindbäck and Robert Ramsauer Featured in eFinancial News "40 Under 40"

    Blackstone’s Tania Daguere Lindbäck and Robert Ramsauer are featured in the 2014 eFinancial News 40 Under 40 “Rising Stars of Private Equity.” Click here to read the full article.