Blackstone Blog

  • Nov 28, 2012

    Blackstone Chief Sustainability Officer Don Anderson Discusses New Solar Program

    We asked Blackstone's Chief Sustainability Officer Don Anderson about our newly deployed solar program. Here is what he had to say.
  • Nov 27, 2012

    France Is Running Out of Time to Restrain Germany

    Is Germany becoming the new Gaullist state of Europe? It has fiercely opposed fully rescuing eurozone countries, forcing the EU to repeatedly act too little too late. Chancellor Angela Merkel has given up on nuclear energy, killing the possibility of a European energy policy. Germany shot down the EADS-BAE merger, missing an opportunity to create a global aerospace giant. And Ms Merkel, while proclaiming the need for a federalised eurozone is stalling the implementation of a banking union. So, the argument goes: from now on, Germany is only looking out for its national interests and it is not interested in Europe any more.
  • Nov 26, 2012

    eSourcing Expert Joins Blackstone’s Private Equity Portfolio Operations Team

    Blake Vogt has joined Blackstone's Private Equity Portfolio Operations Team as Vice President focused on eSourcing. He will oversee coordination for Blackstone’s new eSourcing program within the Portfolio Operations Team and Blackstone’s Group Purchasing platform led by Greg Beutler. Blake will work to develop and drive a formal global eSourcing program across Blackstone’s portfolio, and establish a standard set of eSourcing best practices and processes for new investments.
  • Nov 09, 2012

    Blackstone Creates National Single-Family Rental Home Platform

    Blackstone has created a national platform, Invitation Homes, to purchase distressed single family homes and then refurbish, lease and maintain them in neighborhoods across the country.
  • Nov 07, 2012

    Blackstone wins two operational excellence awards from PEI for Graham Packaging and Intelenet

    We are proud to announce that Blackstone has won in two separate categories in Private Equity International’s inaugural Operational Excellence Awards. These awards honor stand-out examples of value creation by private equity owned companies
  • Nov 01, 2012

    Blackstone Partners With Portfolio Company The Weather Channel for Disaster Relief

    In response to the significant devastation caused by Hurricane Sandy, the Blackstone Charitable Foundation is partnering with Blackstone portfolio company, The Weather Channel (and co-investors Bain and NBCU), to match employee donations to the Red Cross Sandy Disaster Relief Fund, up to a total of $1 million. The Weather Channel was not only the most watched cable news channel for hurricane information but its meteorologists and experts were an invaluable source of advice and counsel to local, state and federal officials planning and preparing for the hurricane. Over the coming days and weeks, Blackstone will work with its partners to provide much needed assistance to those affected by Hurricane Sandy.
  • Oct 25, 2012

    Blackstone Ranks #1 Globally in Thomson Reuters Restructuring League Table

    Blackstone recently ranked #1 globally for completed restructurings in Thomson Reuters’ Distressed Debt & Bankruptcy Restructuring Review. During the first three quarters of 2012, Blackstone advised debtors and creditors on the restructuring of over $295bn of liabilities, including 5 of the 10 largest transactions.
  • Oct 17, 2012

    Steve Schwarzman on Blackstone's 27th Anniversary

    This month marks Blackstone’s 27th anniversary. It is a time to celebrate the firm's collective successes and feel proud of the excellent investment returns and advice we have provided to our clients over many years. While the firm has grown dramatically and evolved since its beginnings, core elements remain true to what Blackstone is. We have always and continue to be steadfastly committed to excellence in everything we do, while maintaining the highest integrity and keeping our client’s needs front and center. We have only been able to do this by continuing to attract, train and retain a group of exceptionally talented individuals. However, it is what we do collectively, as a team, that always makes us better and remains the fundamental strength of our business.
  • Oct 10, 2012

    Ten Ways Banks Can Win Back Your Trust Again

    As autumn chills begin to bite, let us remember August when the UK was bathing in the warm glow of the Olympics. Amid the sporting escapism, Stephen Hester, the RBS chief executive, provided a salutary reminder that banks have “become detached from society”. He cited the need “to demonstrate that our industry has made physical and cultural changes since the ‘go-go’ times and put customers first in all we do”.
  • Oct 08, 2012

    Blackstone Launches New Facebook Page

    Today, Blackstone announced the launch of its official Facebook page. While the Firm has been active on Twitter since 2010, today’s announcement marks the next step in the expansion of our social media program. As we continue to grow globally, there is a greater need to reach our audiences using the channels that they use to get their information and given this, Facebook emerged as the platform of choice.
  • Oct 01, 2012

    Blackstone Charitable Foundation Announces New $50,000 Grant

    Today, the Blackstone Charitable Foundation announced that it has approved a new $50,000 grant to Moneythink, a nonprofit that provides financial and entrepreneurship education through peer-mentorship to urban 11th-and-12th-graders in the United States. Its unique model uses customized curricula and college volunteers to make financial decision-making, career planning, and entrepreneurship practical, relevant, and fun for urban high school students entering the real world.
  • Aug 23, 2012

    Tim Coleman Discusses Blackstone's Restructuring Practice

    Tim Coleman discusses Blackstone’s Restructuring practice, the approach they’ve taken to advising clients, and highlights one of the Group's major Restructurings. Watch video interview here.
  • Aug 16, 2012

    Rating Agencies Reaffirm Blackstone's Investment Grade Credit Rating in the Wake of Successful Bond Offering

    Following a successful bond offering, which capitalized on record low interest rates to bolster Blackstone’s already strong balance sheet, rating agencies Standard & Poor’s and Fitch reaffirmed the firm’s A/A+ credit rating. This credit rating is the highest of any alternative asset manager and one of the highest of any financial institution.
  • Aug 13, 2012

    The Blackstone Charitable Foundation Commits $150,000 to Fostering Entrepreneurship in Young Children

    The Blackstone Charitable Foundation today announced that it has approved a new $150,000 grant to One Hen Inc., a nonprofit that introduces young children to the principles of entrepreneurship. One Hen plans to use the new Blackstone grant to aggressively expand its program to impact more economically challenged regions across the US. The grant will help One Hen digitize its platform, providing more children with interactive curricula and tools to learn the basic skills to succeed as an entrepreneur, and to launch and grow a business. Blackstone's funding of the new One Hen digital platform will extend the One Hen Academy student pilot to over 4,000 students annually as well as provide free global access to One Hen's online activities, lessons and games featuring micro entrepreneurs from around the world.
  • Aug 07, 2012

    Blackstone's Equity Healthcare is Among the Few Companies to Qualify for DMPC's Gold Standard Listing

    An independent, third-party audit conducted by Al Lewis, Executive Director of the Disease Management Purchasing Consortium (DMPC) and a respected healthcare authority, has named Equity Healthcare as one of only six vendors to validly measure healthcare outcomes.
  • Aug 06, 2012

    Ohio's Kent State University Praises Blackstone LaunchPad

    The Blackstone Launchpad program is a program that is meant to teach students how to use their ideas and turn them into successful business ideas. The office, located in the Student Center lobby, connects students with mentors, experts and resources to get their ideas off the ground. Photo by Matt Hafley.
  • Aug 06, 2012

    Blackstone's Hedge Fund Solutions Group Profiled in Hedge Funds Review

    Blackstone’s Hedge Fund Solutions (BAAM) group was profiled in Hedge Funds Review, which interviewed Blackstone’s Tom Hill about the Group’s approach and what sets them apart from competitors. See full article here.
  • Aug 06, 2012

    Blackstone's Tony James Discusses the Need for Pension Plans to Increase Returns Through Greater Allocations to Alternative Investments

    With interest rates in the largest economies around the world that are negative in real terms, and equity markets that are anemic and volatile, investors have never needed alternative investment products more than they do today. If our nation is going to be able to provide for its future, pension funds and other institutional investors must earn more than they can get in public markets. And they must do so on a scale large enough to move the return materially on hundreds of billions of dollars. I believe that only alternative investments can fill this need. Indeed, I don't think the US pension system can come close to being solvent without having major investments in alternative assets.
  • Aug 02, 2012

    Harvard Business Review Praises Blackstone LaunchPad Model

    In a recent Harvard Business Review article, Carl Schramm, former CEO of the Kauffman Foundation and author of Better Capitalism, lauded LaunchPad as one of two entrepreneurship programs in the nation that “show what does work”. “Entrepreneurs…make innovation real. If their ranks are too thin, it is a failure of society,” Schramm wrote. LaunchPad was founded at the University of Miami before Blackstone agreed to replicate the model at schools in Michigan and Ohio. As part of the White House’s Startup America Initiative, Blackstone will be replicating it at more regions around the United States. In Miami alone, LaunchPad has generated over 85 new companies, mimicking the entrepreneurial and forward-thinking ideals of Blackstone.
  • Aug 01, 2012

    U.S. State Pension Plans Realize Better Returns with Larger Alternative Investment Allocations

    A Pensions & Investments article from July 9, 2012, underscored the challenges facing U.S. state pension plans and the better returns realized by those with higher allocations to alternative investments. Cliffwater LLC completed a 10-year analysis of 96 state pension plans finding that those with greater alternative investment allocation realized annual returns of four to seven percent. View full article here.