Blackstone Blog

  • 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.
  • Mar 19, 2015

    Steve Schwarzman: What I’ve Learned

    Blackstone’s Chairman, CEO, and Co-Founder Steve Schwarzman recently visited his alma mater, Harvard Business School, to speak with a group of 60 HBS women and participate in an interview with Professor Josh Lerner as part of the 21st annual Venture Capital & Private Equity conference. Below, we’ve compiled some of the lessons that Steve shared during those conversations.
  • Mar 18, 2015

    Family Wealth Report Names Blackstone “Best Alternative Asset Manager”

    Last week, Blackstone was proud to receive the “Best Alternative Asset Manager” award at the Family Wealth Report awards ceremony at the Mandarin Oriental hotel, awarded to an investment manager with an alternative investments range suitable for the high net worth community. To view the full list of awards, click here.
  • Mar 17, 2015

    Annual Chairman's Letter 2014: The Art of the Long View

    “Blackstone has always been managed with a perspective of achieving successful growth over the long-term … Our management has consistently sought to focus on the best outcomes for our businesses and investments over a period of years rather than on the short-term impact.”
  • Mar 04, 2015

    Blackstone’s 2015 Future Women Leaders Program Now Accepting Applications

    Blackstone’s Future Women Leaders Program is a unique 1.5 day experience among financial firms, giving current sophomore women (graduating in 2017) early exposure to finance and business through interactive information seminars, networking, and skill-building sessions.
  • Feb 20, 2015

    BX WIN Volunteers with SEO Scholars

    Since September 2014, seven Blackstone employees, all members of BX WIN, have volunteered as one-on-one mentors for 11th grade students through SEO Scholars. SEO Scholars is an eight-year academic program that gets low-income public high school students to and through college, with a 95% college graduation rate.