Blackstone Blog

  • Aug 13, 2013

    Blackstone Recognized by CIO Magazine as one of the CIO 100 Award Winners

    Blackstone’s investor portal, BXAccess, was named by IDG's CIO magazine as a recipient of the 2013 CIO 100. The 26th annual award program recognizes organizations around the world that exemplify the highest level of operational and strategic excellence in information technology (IT). With BXAccess, Blackstone provides clients with a powerful and comprehensive alternative asset investor reporting system.
  • Jul 29, 2013

    Blackstone publishes “Where Credit is Due,” new paper on “Alternative” Fixed Income

    Historically, the job of the bond allocation was to buffer investors from periodic swings in equities and to provide some modest income they could harvest and spend. But it’s a new world for bonds, with historically low yields and rates that may have nowhere to go but up.
  • Jul 24, 2013

    Blackstone Charitable Foundation Donates 100 Bicycles to Children in Cambodia

    Blackstone’s Singapore office held its annual volunteer day with Citycare, which fosters volunteer work and philanthropy in communities through partnerships among businesses, community groups and individuals. As part of Blackstone’s volunteer activity, employees joined Operation Extra Mile, cycling in support of 100 Cambodian children. To support this effort, the Blackstone Charitable Foundation donated 100 bicycles to children in Cambodia’s Say Sarmorn Primary School.
  • Jul 09, 2013

    Blackstone and BXMT Featured in Commercial Mortgage Alert and Mortgage Observer Weekly

    Blackstone Mortgage Trust, Blackstone’s dedicated mortgage-lending vehicle, was recently featured in Commercial Mortgage Alert and Mortgage Observer Weekly.
  • Jun 13, 2013

    Blackstone and GSO Featured in Institutional Investor Magazine

    Blackstone and GSO were featured this week in an Institutional Investor profile, “Blackstone Group’s GSO Capital: Lenders of Last Resort.” Click here to read the full article, followed by a Q&A with Steve Schwarzman.
  • Jun 12, 2013

    Blackstone Employees Raise Over $67,000 to Fight Hunger in New York City

    For the eighth year in a row, Blackstone partnered with City Harvest to fight hunger in New York City. The annual ‘Skip Lunch Fight Hunger’ campaign asks New Yorkers to donate what they might normally spend on lunch for one week to help feed hungry children and their families during the summer. This year, Blackstone employees raised a total of $67,652, nearly doubling employee contributions from last year, and the Blackstone Charitable Foundation matched the first $10,000 raised by employees. Out of nearly 200 participating teams, Blackstone was the #1 fundraising team for ‘Skip Lunch Fight Hunger.’
  • Jun 09, 2013

    Blackstone, House Prices and Housing Policy

    An editorial in the New York Times today (Sunday, June 9th, 2013) blames Blackstone and other investors for driving up the prices of single family homes and reducing the supply of affordable housing for first-time home owners. While we share the NYT’s concerns that affordable housing is an important matter of public policy, to blame Blackstone for the rise in house prices is wrong and ignores the positive good that private capital plays in the housing market. We want to make the following points:
  • May 29, 2013

    Blackstone Publishes First ‘Black Paper’ on Long/Short Equity Hedge Funds

    Investors face a longstanding dilemma with equities: they provide access to much-needed portfolio growth but are often the major source of potential volatility and steep declines. Finding a solution to this dilemma is the focus of the first “Black Paper” written by Blackstone Private Wealth Management, “Taking Stock: Long/Short Hedge Funds and Equity Replacement.”
  • May 23, 2013

    The Blackstone Charitable Foundation Supports Entrepreneurial Program LeAp

    The Blackstone Charitable Foundation recently awarded several grants totaling $1 million to organizations with a focus on entrepreneurship through its Blackstone Organizational Grants program. LeAp was one of nine programs to win a grant and Blackstone is pleased to see the progress it has made for New York City’s students. Read what they have to say about Tomorrow’s Entrepreneurs:
  • May 10, 2013

    Harvard Business Review: “Truths for Our Daughters”

    As a senior professional in financial services — an industry with comparatively few women in the executive ranks — I’ve spent a lot of time thinking about why there aren’t more women at the top-most levels of companies.
  • Apr 19, 2013

    Blackstone’s Own Iron Chefs Raise Thousands for Cancer Research

    On April 11th, Blackstone employees faced off to cook for a cure. The event, hosted by Blackstone’s Innovations and Infrastructure team, raised $3,000 for The Leukemia & Lymphoma Society’s Team In Training initiative. Since 2008, Blackstone has raised a total of $1.3 million for Team in Training.
  • Mar 12, 2013

    Blackstone Wins Five Global PERE Awards in 2012

    We are proud to announce that Blackstone has won in five separate categories in the 2012 Global Private Equity Real Estate Awards. Blackstone was awarded Global Firm of the Year; Global Capital Raise of the Year for the $13.3 billion close of Blackstone Real Estate Partners VII; North American Deal of the Year for the purchase of the CalWest portfolio, and European Exit of the Year for the sale of the UK student housing business, Nido. Additionally, Blackstone’s Park Hill Real Estate Group was awarded North American Placement Agent of the Year.
  • Mar 08, 2013

    Blackstone’s Chief Financial Officer Laurence Tosi Honored by the Georgetown University Wall Street Alliance

    Blackstone’s Chief Financial Officer, Laurence Tosi (L.T.), was honored by the Georgetown University Wall Street Alliance for his mentorship and scholarship support of incoming and current Georgetown students. The former Georgetown university student was the youngest recipient to be honored by the Wall Street Alliance at the organization’s annual dinner, which raised a record $1.6 million this year. In recognition of his achievement, Georgetown University put together a video about L.T.’s career path and philanthropic work. To view the video, which also features Blackstone’s Chairman and CEO, Steve Schwarzman, as well as the firm’s Global Head of Private Equity and Georgetown Alum, Joe Baratta, click here.
  • Mar 07, 2013

    Leaders Must Act Fast to Save the City

    The way things are looking, the City of London could be damned if the UK leaves the EU and damned a good deal sooner if it does not.
  • Mar 05, 2013

    Blackstone’s President and Chief Operating Officer Reflects on his Career in Finance and Lessons Learned

    In an interview for OneWire’s video series, “Open Door”, Blackstone President and Chief Operating Officer, Tony James reflects on his career in the financial industry and lessons learned. The series has also featured interviews with James J. Dunne III of Sandler O’Neill & Partners; Jeffrey T. Leeds of Leeds Equity Partners; and William T. Comfort Jr., a former chairman of Citigroup Venture Capital. The full article and video interview can be found on New York Times DealBook.
  • Mar 01, 2013

    Blackstone’s Jon Gray Recognized for his Work with Harlem Village Academies

    Blackstone’s Global Head of Real Estate, Jonathan Gray, was featured in this month’s Bloomberg Markets Magazine for his work with Harlem Village Academies. The full article can be viewed here.
  • Feb 20, 2013

    Blackstone's Avi Sharon Awarded The Hellenic Foundation for Culture 2012 Translation Prize

    Blackstone congratulates Avi Sharon, who received The Hellenic Foundation for Culture 2012 Translation Prize for his translation of C.P. Cavafy’s Selected Poems.
  • Feb 12, 2013

    Blackstone's Byron Wien Discusses Lessons Learned in His First 80 Years

    I was scheduled to speak about the world outlook at an investment conference recently and shortly before my time slot the conference organizer said the audience was more interested in what I had learned over the course of my career than what I had to say about the market. I jotted a few notes down and later expanded and edited what I said that day. I have since been encouraged to share my thoughts with a broader audience.
  • Feb 06, 2013

    Blackstone Commissions Hydroelectric Power Station in Uganda

    On October 8th of 2012, Blackstone commissioned the Bujagali Hydroelectric Power Station in Uganda at an event attended by the President of Uganda, Yoweri Museveni, The Aga Khan, leaders from neighboring countries and the citizens of Uganda. The occasion marked the culmination of a project that began more than two decades ago.
  • Jan 30, 2013

    Blackstone Welcomes Cadets from the United States Coast Guard Academy

    Approximately 20 United States Coast Guard Academy (USCGA) cadets spent an afternoon touring Blackstone’s offices in New York and meeting with investment professionals from across the firm to gain career advice and guidance from military service academy alumni working at Blackstone. The cadets were predominately junior and senior classman, who are members of USCGA’s investment club. Blackstone participants included employees from our placement agent Park Hill, Hedge Fund Solutions, Real Estate, Credit (GSO), and Private Equity.