Press Releases

Blackstone (NYSE: BX) today announced that funds managed by Blackstone, have acquired a majority share in Cloudreach, a leading global cloud enabler headquartered in London.

Blackstone (NYSE: BX) today announced that private equity funds affiliated with Blackstone have entered into a definitive agreement to acquire Aon plc’s (NYSE:AON) technology-enabled benefits and human resources (“HR”) platform, currently part of Aon Hewitt, for cash consideration of up to $4.8 billion, including $4.3 billion at closing and additional consideration of up to $500 million based on future performance.

Mayor Rahm Emanuel today joined Blackstone (NYSE: BX) and Equity Office, an office portfolio company owned by Blackstone’s real estate funds, to announce visionary plans for Willis Tower in downtown Chicago, an architectural icon and one of the world’s tallest buildings.

Blackstone (NYSE:BX) announced today that Michael Chae, Blackstone’s Chief Financial Officer, is scheduled to present at the Credit Suisse 18th Annual Financial Services Forum on Tuesday, February 7th, 2017 at 11:00 am ET.

Blackstone will host a conference call on January 26, 2017 at 11:00 a.m. ET to discuss fourth quarter and full year 2016 results.

Mayor Rahm Emanuel, the Blackstone Charitable Foundation and World Business Chicago (WBC) today launched the Blackstone Inclusive Entrepreneurship Challenge (“Blackstone Challenge”).

Strategic Partners Fund Solutions (“Strategic Partners”), Blackstone’s (NYSE:BX) dedicated secondary and fund solutions platform, today announced the final closing on the hard cap of $7.5 billion for Strategic Partners Fund VII, L.P. and related entities (“SP VII”), its seventh global secondary private equity fund.

Blackstone (NYSE:BX) (“Blackstone”) today announced that funds managed by Blackstone Energy Partners L.P. have entered into a strategic 50/50 partnership with Sanchez Energy Corporation (NYSE:SN) (“Sanchez”) to acquire Anadarko Petroleum Corporation’s (NYSE: APC) (“Anadarko”) working interest in approximately 318,000 gross acres in the Western Eagle Ford for approximately $2.3 billion.

Blackstone (NYSE:BX) announced today that it will host its fourth quarter and full year 2016 investor conference call on Thursday, January 26, 2017 at 11:00 a.m. ET.

Blackstone (NYSE:BX) announced today that it will host a conference call for the media on Thursday, January 26, 2017 at 9:30 a.m. ET to review fourth quarter and full year 2016 results.

Blackstone Real Estate Income Trust, Inc. (the “Company”) today announced that it has broken escrow with approximately $279 million in net proceeds for its continuous public offering (the “Offering”).

Leading music rights organization SESAC Holdings (“SESAC” or the “Company”) announced today that private equity funds affiliated with Blackstone (NYSE:BX) have entered into an agreement to acquire the Company from Rizvi Traverse Management.

Byron R. Wien, Vice Chairman of Multi-Asset Investing at Blackstone, today issued his list of Ten Surprises for 2017.

Blackstone (NYSE:BX) and Wellspring Capital Management LLC (“Wellspring”) today announced that private equity funds affiliated with Blackstone have entered into a definitive agreement to acquire Tradesmen International, LLC (“Tradesmen”), the leading agency-based provider of outsourced skilled craftsmen to non-residential construction and industrial contractors in North America, from Wellspring.

Blackstone announces that Solvay has reached an agreement to sell its cellulose acetate tow business, Acetow, to private equity funds managed by Blackstone (“Blackstone”).

Optiv Security, a market-leading provider of end-to-end cyber security solutions, and KKR, a leading global investment firm, today announced the signing of a definitive agreement under which KKR will acquire a majority stake in Optiv. The company is being acquired from a group of private investors, including a private equity fund managed by Blackstone (NYSE: BX), which will maintain a minority interest in Optiv along with Optiv management. Other selling shareholders include Investcorp and Sverica. Financial terms of the transaction are not being disclosed.

Schwarzman Scholars, the Master’s degree program founded by Blackstone Chairman, CEO and Co-Founder Stephen A. Schwarzman, today announced the names of 129 men and women chosen to represent the Class of 2018.

BTIG, LLC announced today that it has signed a definitive agreement to receive a strategic investment from funds managed by Blackstone Tactical Opportunities. BTIG plans to leverage this investment to further expand its capabilities and accelerate the firm’s global growth. Post investment, BTIG and its affiliates in Europe, Asia and Australia will continue to operate as fully independent entities. Financial terms of the private transaction were not disclosed.

President-elect Donald J. Trump today announced that he is establishing the President’s Strategic and Policy Forum. The Forum, which is composed of some of America’s most highly respected and successful business leaders, will be called upon to meet with the President frequently to share their specific experience and knowledge as the President implements his plan to bring back jobs and Make America Great Again. The Forum will be chaired by Stephen A. Schwarzman, Chairman, CEO, and Co-Founder of Blackstone.

Blackstone (NYSE:BX) announced today that Stephen A. Schwarzman, Chairman, CEO, and Co-Founder of Blackstone, is scheduled to present at the Goldman Sachs Financial Services Conference on Tuesday, December 6, 2016 at 12:30 pm ET.