• Nov 02, 2015

    Blackstone Awarded the Investors in People Gold Standard

    Blackstone, one of the world’s leading investment firms, has been awarded the Investors in People Gold standard, joining the top 7% of accredited organisations across the UK.
  • Oct 26, 2015

    Blackstone to Acquire MB Aerospace

    Blackstone (NYSE:BX) and MB Aerospace (“MBAe”) announced today that private equity funds managed by Blackstone have agreed to acquire MBAe, a leading Tier I engine component manufacturer and repair business, from Arlington Capital Partners.
  • Oct 23, 2015

    Blackstone Charitable Foundation Announces Largest Expansion of Successful Campus Entrepreneurship Program “Blackstone LaunchPad” to Five Universities Across New York State

    The Blackstone Charitable Foundation today announced the largest expansion of its campus entrepreneurship program, Blackstone LaunchPad, to five universities across the state of New York. New York becomes the eighth Blackstone LaunchPad region, following Michigan, Ohio, Pennsylvania, Florida, Montana, California, and Ireland.
  • Oct 15, 2015

    Blackstone Reports Third Quarter 2015 Results

    To view the full report please click the following link – Blackstone’s third quarter 2015 results. Blackstone will host a conference call on October 15, 2015 at 11:00 a.m. ET to discuss third quarter 2015 results. You can listen to the call by dialing +1 (877) 391-6747 (U.S. domestic) or +1 (617) 597-9291 (international) passcode 149 943 55#.
  • Oct 07, 2015

    Blackstone, Carlyle, KKR and TPG Jointly Host Inaugural Veterans Initiative Summit

    Today Blackstone (NYSE:BX), KKR (NYSE: KKR), The Carlyle Group (NASDAQ: CG) and TPG will jointly host the inaugural Veterans Initiative Summit to support the hiring of American veterans across private equity portfolio companies. The two-day summit will focus on how portfolio companies held by investment funds sponsored by these companies can attract, retain, and promote veterans, improve business operations and support communities.
  • Oct 06, 2015

    MEDIA ADVISORY: First Lady Michelle Obama to speak at inaugural Veterans Initiative Summit, jointly hosted by Blackstone, The Carlyle Group, KKR and TPG, on October 8th at the Grand Hyatt in Washington, D.C.

    First Lady Michelle Obama will join a roundtable discussion with the hosting firms’ CEOs, senior leaders, and veterans hiring champions and deliver remarks to approximately 150 portfolio company hiring representatives at the inaugural Veterans Initiative Summit, jointly hosted by Blackstone (NYSE:BX), KKR (NYSE: KKR), The Carlyle Group (NASDAQ: CG) and TPG. The sessions in which the First Lady will participate will begin at 1:00p.m. EST on Thursday, October 8th.
  • Oct 01, 2015

    Blackstone Successfully Completes Spin-Off of PJT Partners

    Blackstone (NYSE:BX) and PJT Partners Inc. (NYSE:PJT) today announced the successful completion of the previously announced spin-off of Blackstone’s financial and strategic advisory services, restructuring and reorganization advisory services and Park Hill Group businesses, which have been combined with PJT Capital LP, a global independent financial advisory firm founded by Paul J. Taubman, to form an independent, publicly traded company called PJT Partners Inc (“PJT Partners”). Blackstone common unitholders of record as of the close of business on September 22, 2015 (the “record date”) received one share of Class A common stock of PJT Partners for every 40 common units of Blackstone held on the record date. The spin-off has been structured to be tax-free to Blackstone’s common unitholders for U.S. Federal income tax purposes, except to the extent of any gain or loss recognized by a common unitholder as a result of any cash received in lieu of fractional shares. Common unitholders are urged to consult their tax advisors with respect to U.S. federal, state, local and non-U.S. tax consequences of the spin-off.
  • Oct 01, 2015

    Blackstone Has $15.8 Billion Final Close for Latest Global Real Estate Fund

    Blackstone (NYSE:BX) today announced the final close of its latest global real estate fund, Blackstone Real Estate Partners VIII (“BREP VIII”), at $15.8 billion. Blackstone currently manages two regional opportunistic real estate funds, the $8.2 billion Blackstone Real Estate Partners Europe IV and the $5 billion Blackstone Real Estate Partners Asia.
  • Sep 30, 2015

    Blackstone Announces Third Quarter 2015 Media Call

    Blackstone (NYSE:BX) announced today that it will host a conference call for the media on Thursday, October 15th, 2015 at 9:30 a.m. ET to review third quarter 2015 results.
  • Sep 30, 2015

    Blackstone Announces Third Quarter 2015 Investor Call

    Blackstone (NYSE:BX) announced today that it will host its third quarter 2015 investor conference call on Thursday, October 15th, 2015 at 11:00 a.m. ET. Steve Schwarzman, Chairman, Chief Executive Officer and Co-Founder; Tony James, President and Chief Operating Officer; Michael Chae, Chief Financial Officer; Joan Solotar, Head of Multi-Asset Investing and External Relations; and Weston Tucker, Head of Investor Relations, will review Blackstone’s third quarter 2015 results. You can listen to the call by dialing +1 (877) 391-6747 (U.S. domestic) or +1 (617) 597-9291 (international) passcode number 149 943 55#.
  • Sep 30, 2015

    Black Rhino and MOGS Oil & Gas Services Get Official Greenlight for $1.55BN Horn of Africa Fuel Pipeline Project

    Energy infrastructure companies Black Rhino and MOGS Oil & Gas Services (BRM), together with the Governments of Djibouti and Ethiopia today signed Framework Agreements for the construction of a 550km fuel pipeline system running through Djibouti and Ethiopia in The Horn of Africa. The $1.55bn multiproduct pipeline will transport diesel, gasoline and jet fuel from Damerjog, Djibouti to Awash in central Ethiopia. Deemed a critical infrastructure project, the project will support economic growth across the region.
  • Sep 21, 2015

    Blackstone to Acquire Ideal Shopping Direct

    21 September 2015, London. Private equity funds managed by Blackstone announce the acquisition of Ideal Shopping Direct (“ISD”), a leading independent multi-channel retailer, from Inflexion.
  • Sep 16, 2015

    Blackstone agrees to acquire majority of Serco’s private sector BPO operations

    Mumbai, September 16, 2015. Private equity funds managed by Blackstone today entered into a definitive agreement with Serco Group Plc to buy the majority of its private sector Business Process Outsourcing (‘BPO’) operations, the main element of which is the former Intelenet business, for a consideration of £250m, approximately INR 2,558 crores. The enterprise value of this deal represents the largest acquisition by Blackstone in India.
  • Sep 14, 2015

    Onyx Renewable Partners Announces Partnership with Credit Suisse to Invest over $300 Million in C&I Solar Projects

    New York, September 14, 2015. Onyx Renewable Partners L.P. (“Onyx”) announced today that it has entered into a partnership with Credit Suisse to invest over $300 million to develop, own and finance commercial and industrial sector (“C&I”) solar generation projects. Onyx expects this partnership to facilitate the development of more than 130 megawatts of new C&I solar projects within the next 15 months.
  • Sep 11, 2015

    Blackstone Announces Record and Distribution Dates for Spin-Off of PJT Partners

    New York, September 11, 2015. Blackstone (NYSE:BX) today announced that its Board of Directors has set the record and distribution dates for the spin-off of its financial and strategic advisory services, restructuring and reorganization advisory services and Park Hill Group businesses, which will be combined with PJT Capital, a global independent financial advisory firm founded by Paul J. Taubman, to form an independent, publicly-traded company called PJT Partners Inc. (“PJT”). On October 1, 2015, the distribution date, each Blackstone common unitholder of record will receive one share of Class A common stock of PJT for every 40 common units of Blackstone held as of the close of business on September 22, 2015, the record date for the distribution.
  • Sep 08, 2015

    Blackstone Charitable Foundation Announces 2016 Blackstone Innovation Grants RFP

    New York, NY, September 8, 2015 – The Blackstone Charitable Foundation today announced it is now accepting applications for the 2016 Blackstone Innovation Grants program, an annual program that awards a series of targeted grants to innovative organizations focused on entrepreneurship and job growth. Now in the fourth year of the program, the Foundation will award up to $5 million in grants to organizations that are tackling the big challenges facing entrepreneurs and entrepreneurial ecosystems.
  • Sep 02, 2015

    The PMI Group Announces Strategic Investment by Blackstone

    New York, September 2, 2015. The PMI Group (OTC: PMIR) (“PMI” or the “Company”) today announced that funds affiliated with Blackstone Tactical Opportunities (“Blackstone”) have made a strategic investment in the Company.
  • Aug 28, 2015

    Blackstone Acquires a Majority Stake in Stearns Holdings, LLC, parent of Stearns Lending

    Santa Ana, California August 21, 2015. Stearns Holdings, LLC, parent company of Stearns Lending, LLC, a leading national mortgage lender with wholesale, retail, correspondent, and strategic alliance business channels, announced today that funds managed by the private equity group of Blackstone (NYSE: BX), a leading global asset manager, will acquire a majority stake in the company. This partnership with Blackstone will provide Stearns with the necessary resources to accelerate its growth and fuel its efforts to capture even greater market share. Founder Glenn Stearns will retain a significant ownership stake.
  • Aug 04, 2015

    Blackstone LaunchPad Makes Inclusive Entrepreneurship Commitment at First-Ever White House Demo Day

    Washington, DC, August 4, 2015. Today, representatives from the Blackstone Charitable Foundation participate in the first-ever White House Demo Day, at which the President will announce new public- and private-sector commitments that promise to provide more Americans with the opportunity to pursue their bold, game-changing ideas. In support of these efforts by the White House’s Office of Science and Technology Program to spur entrepreneurship, the Blackstone Charitable Foundation has committed each of its Blackstone LaunchPad campus programs to further develop dedicated initiatives to foster Inclusive Entrepreneurship for women and minority student entrepreneurs and ventures. In making this commitment, the Blackstone Charitable Foundation joins other leading American companies who have made similar pledges in connection with the event.
  • Jul 31, 2015

    Blackstone Sells Agile Electric to Igarashi Electric Works, Tata Capital and MAPE Securities

    New York/Mumbai, July 30, 2015: Blackstone (NYSE: BX) today announced that a private equity fund managed by Blackstone Singapore on behalf of its private equity investors has sold its 97.9% stake in Agile Electric Sub Assembly Private Limited (“Agile”), an Indian electric motor manufacturer, to Igarashi Electric Works Ltd (“IEWL”) along with MAPE Securities Private Limited, Alpha FDI Holdings Pte. Ltd. and Tata Capital Growth Fund.