Press Releases

Blackstone (NYSE:BX) today announced that Peter Grauer has joined its board of directors. Mr. Grauer has been the Chairman of Bloomberg, the global business and financial information company, since March 2001 and joined Bloomberg full time as President and Chief Executive Officer in March of 2002.

Blackstone (NYSE:BX) announced today that it will host a conference call for the media on January 28, 2016 at 9:30 a.m. ET to review fourth quarter and full year 2015 results.

Blackstone (NYSE:BX) announced today that it will host its fourth quarter and full year 2015 investor conference call on Thursday, January 28, 2016 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 fourth quarter and full year 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#.

Blackstone (NYSE:BX), through funds it manages on behalf of its real estate investors, and Ivanhoé Cambridge today announced that it will establish a new property management company at Peter Cooper Village / Stuyvesant Town (PCVST) led by Rick Hayduk who has been appointed General Manager of PCVST effective January 1st, following a transition period with current property manager Compass Rock.

Byron R. Wien, Vice Chairman of Multi-Asset Investing at Blackstone, today issued his list of Ten Surprises for 2016. This is the 31st year Byron has given his views on a number of economic, financial market and political surprises for the coming year. Byron defines a “surprise” as an event that the average investor would only assign a one out of three chance of taking place but which Byron believes is “probable,” having a better than 50% likelihood of happening.

Blackstone (NYSE:BX), through funds it manages on behalf of its real estate investors, and Ivanhoé Cambridge, a real estate subsidiary of Caisse de dépôt et placement du Québec (CDPQ), today announced that they have closed on the previously announced acquisition of Peter Cooper Village Stuyvesant Town (PCVST).

Blackstone (NYSE:BX) and MB Aerospace announced today that private equity funds managed by Blackstone have successfully completed the acquisition of MB Aerospace, a leading Tier I engine component manufacturer and repair business, from Arlington Capital Partners.

Blackstone (NYSE:BX) today announced that it has had its final close for its latest global private equity fund, Blackstone Capital Partners VII (BCP VII). Fundraising began in November 2014 and the fund had a record $15.7 billion first close in May, seven months after launching. There are more than 250 limited partners from 40 countries in the fund. Demand for the fund was significantly in excess of its hard cap of $17.5 billion. Taken together with Blackstone and its employees’ commitment of $500 million, BCP VII will have $18 billion of available equity capital to invest. Blackstone expects to begin making investments out of this fund during the first quarter of 2016.

Private equity funds managed by Blackstone (“Blackstone”) and KIRKBI A/S announce the acquisition of Armacell, the leading global manufacturer of flexible foam products for equipment insulation and technical applications, from Charterhouse.

Diamonds Direct and Blackstone (NYSE: BX) announced today that funds managed by Blackstone Tactical Opportunities have acquired Diamonds Direct, a leading independent jewelry company.

Blackstone (NYSE:BX) today announced the appointment of Isauro Alfaro as Senior Advisor to the firm based in Monterrey, Mexico. Mr. Alfaro will provide the firm strategic counsel on investment opportunities in the Mexican market.

Blackstone (NYSE: BX) announced today that private equity funds it manages have agreed to sell GCA Services Group, Inc. (“GCA” or the “Company”) to a consortium of the Merchant Banking Division of Goldman Sachs (“Goldman Sachs”) and Thomas H. Lee Partners.

Blackstone (NYSE:BX) today announced that Strategic Partners Fund Solutions (“Strategic Partners”), Blackstone’s secondary and private market fund solutions business, has signed a definitive Purchase and Sale Agreement with The California Public Employees’ Retirement System (“CalPERS”) to acquire approximately $3.0 billion of global real estate fund interests.

Blackstone (NYSE:BX) announced today that Tony James, Blackstone President and Chief Operating Officer, will present at the Bank of America Merrill Lynch Banking & Financial Services Conference in New York on Wednesday, November 18th, 2015 at approximately 12:45 p.m. ET.

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.

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.

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.

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#.

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.

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.