Blackstone Blog

  • Jun 30, 2015

    Jon & Mindy Gray Featured in JPMorgan’s Philanthropic Lives

    “In our lives and as a family, our highest return on investment has been in charitable activities,” says Blackstone’s Global Head of Real Estate Jon Gray in JPMorgan’s June 2015 issue of Philanthropic Lives, which lauds Jon and Mindy Gray for their personal philanthropic efforts. Their dedication to fighting genetically based cancers and investing in education is demonstrated by their establishment of the Basser Center for BRCA at the University of Pennsylvania and their continuing support of the Harlem Village Academies, where Mr. Gray currently serves as chairman of the board. To read the full article, follow this link.
  • Jun 26, 2015

    Blackstone Charitable Foundation Participates in the Launch Tennessee Sponsored 36|86 Conference in Nashville

    Earlier this month, Robert McMullan, a Senior Managing Director in Blackstone’s Investor Relations and Business Development Group, and Tony Tolentino, Vice President of the Blackstone Charitable Foundation, traveled to Nashville, Tennessee to participate in Launch Tennessee’s 36|86 Conference. The conference, hosted by Blackstone Innovation Grant recipient Launch Tennessee, brings together emerging startups, established business leaders, and strategic investors for a celebration of entrepreneurship and southern culture. This year, it featured 34 southern startups and attracted a national audience.
  • Jun 24, 2015

    Blackstone Team Competes in Hong Kong Dragon Boat Race

    This weekend, over 200,000 people descended on Hong Kong’s Stanley Beach to watch 30,000 paddlers, comprising 200+ teams, battle it out for the 2015 Hong Kong Dragon Boat Championship. This race is part of Hong Kong’s broader Dragon Boat Festival which occurs on the 5th day of the 5th lunar month. Dragon Boats are 46-feet-long with 20 seats, which are filled by 2 side by side rowers on each. The front seat in the boat holds a drummer who sets the pace and rhythm for the rowers, and a steerer guides the boat from the stern.
  • Jun 22, 2015

    Blackstone’s Sandy Ogg Publishes Article in Directors & Boards Magazine

    In its recently released Q2 issue, Directors & Boards magazine published “How CEOs succeed: ‘Think Big, Start Small, Move Fast’” by Sandy Ogg, an Operating Partner in Blackstone’s private equity business, on how board members can use the forces of mobilization to ensure their CEO creates real value.
  • Jun 18, 2015

    Blackstone #1 Fundraiser for City Harvest “Skip Lunch Fight Hunger” for 4th Year

    For the 10th year in a row, Blackstone joined City Harvest to combat hunger in New York City, raising a total of $155,074 for the “Skip Lunch Fight Hunger” campaign this year. For the 4th year, Blackstone ranked #1 among over 200 teams who participated in the City Harvest campaign. Over the past five years, with the support of the Blackstone Charitable Foundation, Blackstone has raised a total of $496,065.
  • Jun 18, 2015

    Blackstone Women Run 10K to Raise Money for LLS

    On Saturday, 11 Blackstone women participated in Moms In Training, a 10K in Central Park supported by Team in Training to raise money for The Leukemia & Lymphoma Society, an organization that aims to cure leukemia, lymphoma, Hodgkin's disease and myeloma, and improve the quality of life of patients and their families. The Blackstone team was again recognized as the #1 fundraising team for the event. The broader Moms in Training group has so far raised $469,000 of their $500,000 goal for the race.
  • Jun 15, 2015

    Blackstone’s Schwarzman Hosts USATF Foundation Elite Athletes for Lunch

    Last Friday, Blackstone’s Chairman, CEO, and Co-Founder Steve Schwarzman hosted 10 elite track and field athletes and members of the USATF Foundation staff and Board for lunch at the firm. Joined by 15 Blackstone employees from across the firm, the group discussed the athlete’s hopes for the Rio Olympics and their careers thus far.
  • Jun 15, 2015

    36 Blackstone Employees Compete in 100 Mile Bike Ride to Raise Money for LLS

    Last weekend, 36 Blackstone employees participated in the 24th Annual Team in Training 100 mile America’s Most Beautiful Bike Ride in Lake Tahoe to raise money for LLS, an organization that aims to cure leukemia, lymphoma, Hodgkin's disease and myeloma, and improve the quality of life of patients and their families.
  • Jun 10, 2015

    Blackstone’s Steve Schwarzman Publishes Editorial in the Wall Street Journal

    This morning, the Wall Street Journal editorial page published an op-ed written by Blackstone’s Chairman, CEO, and Co-Founder on the effect of post-crisis capital, liquidity and trading rules on the availability of credit and liquidity. To read the full Op-Ed, "How the Next Financial Crisis Will Happen," please click here.
  • Jun 08, 2015

    128 Blackstone Employees Compete in 2015 J.P. Morgan Corporate Challenge

    Last week, 128 employees from across the firm competed in the 39th annual J.P. Morgan Corporate Challenge. 30,000 runners from 717 companies raced 3.2 miles in support of the Central Park Conservancy. One Blackstone employee finished in the top 50 and 26 finished in the top 5,000 out of the 30,000 runners.
  • Jun 04, 2015

    Park Hill’s Curt Gallagher Recognized by Institutional Investor as a “Hedge Fund Rising Star”

    Park Hill’s Curt Gallagher, a principal on Park Hill's hedge fund project management team, was recently selected by Institutional Investor as one of their “30 Hedge Fund Rising Stars” for 2015. This list is compiled with the help of Industry Investor’s readers and industry participants to recognize the “brightest up-and-coming professionals in hedge funds.” To view the full list, click here.
  • May 22, 2015

    Blackstone’s London Office Hosts Workshop with MyBnk and The Princes Trust Programme

    This week, Blackstone’s London office hosted a workshop with MyBnk, a 2015 Blackstone Innovation Grant recipient, to provide venture creation support to 11 young people from The Princes Trust Programme. Eight Blackstone employees served as mentors to help the students develop their enterprises by helping them to determine their price points, profit margins, bulk deals and marketing techniques. The young people also presented their overall concept for selling to the Blackstone boardroom. The following day the students came together to sell their products at a London market place, with all profits going to community projects.
  • May 11, 2015

    Schwarzman Profiled by The New York Times for Historic Gift to Yale

    Blackstone Chairman, CEO, and Co-Founder, Stephen A. Schwarzman highlighted today by The New York Times for a $150 million personal gift to his alma mater, Yale University, to create a world-class, state-of-the-art campus center by renovating the historic Commons and Memorial Hall. The Schwarzman Center at Yale will provide, for the first time, a dedicated facility for cultural programming and student life at the center of the campus, that will draw together undergraduates, graduate students, faculty, staff, alumni, and visitors alike. The university-wide center will serve as campus educational, social, and cultural hub while enabling virtual engagement with global audiences. The donation marks the second largest single gift in Yale’s history.
  • May 06, 2015

    Second Annual Blackstone Industrial Energy Summit Held at Gates Corporation

    Last week, Blackstone held its second annual Industrial Energy Summit, a summit that brings together companies from across Blackstone’s portfolio to share best practices, techniques and tools with the goal of improving energy performance and reducing costs. This year, the summit was hosted at Blackstone portfolio company Gates Corporation in Elizabethtown, Kentucky. Six other Blackstone portfolio companies were also in attendance, including Service King Collision Repairs Centers, PGI Specialty Repairs, Performance Food Group, Catalent Pharma Solutions, Utility One Source, and Acushnet Company. The companies came together to focus on energy challenges that transcend sector, and to apply their proven solutions across the portfolio.
  • May 06, 2015

    Blackstone Employees Volunteer with New York Cares

    Last weekend, 98 Blackstone employees from across the firm volunteered with New York Cares to help clean-up and revitalize New York’s Riverside Park. Together, the Blackstone team beautified a half an acre of the park, filling 5 truckloads with woody debris and planting 110 Sumac plants.
  • Apr 28, 2015

    Blackstone Hosts 2015 Future Women Leaders Program in New York and London

    This month, Blackstone hosted the 2015 Future Women Leader’s Program for undergraduate women at our New York and London offices. This marks the 3rd class of Future Women Leaders in New York and the inaugural class in London. The program is designed to give sophomore women early exposure to finance and business through interactive information seminars, networking opportunities, and skill-building sessions.
  • Apr 27, 2015

    Introducing the Blackstone Working Parents Network

    Last fall, the firm launched the Blackstone Working Parents Network, a wellbeing initiative being piloted at Blackstone’s London office. The goal of this program is to support Blackstone parents as they balance their family lives with fulfilling careers.
  • Apr 23, 2015

    Blackstone Extends Maternity Leave to 16 Weeks

    As reported today in the Wall Street Journal, Blackstone is proud to announce that the firm’s maternity leave has been extended to 16 weeks in support of the many exceptional women at the firm and those we hope to attract. The financial services industry has historically struggled to recruit and retain women, but by instituting robust policies that support working mothers and all employees as they integrate their work and family responsibilities, we hope to help make asset management a more attractive industry for women. Our hardworking employees balance incredibly active lives, and Blackstone is proud to support important priorities both in the workplace and at home.
  • Apr 10, 2015

    Center Parcs Announces Plan to Build Holiday Village in Ireland

    Last week, Blackstone portfolio company Center Parcs announced plans to develop a €200 million holiday village on a 375-acre site in Ireland. The project, expected to open in 2019, will create 750 jobs during construction followed 1,000 permanent jobs, and is estimated to contribute €32 million annually to Irish GDP once operational. To read the full press release, please click here.
  • Apr 02, 2015

    Blackstone’s Sean Klimczak Named to World Economic Forum’s Young Global Leaders Class of 2015

    Blackstone’s Sean Klimczak has been named a member of the 2015 class of the World Economic Forum’s Young Global Leaders. This group is selected from around the world and from all sectors of society in recognition of their outstanding leadership, through which they have demonstrated their commitment to improving the state of the world.