• Oct 31, 2014

    Blackstone Alternative Alpha Funds Announce Estimated Year-End Distribution of $4.00 to $8.00 per Share

    New York, October 31, 2014 – Each of Blackstone Alternative Alpha Fund and Blackstone Alternative Alpha Fund II (collectively, the “Funds”) announced today that it expects to pay a year-end distribution to its shareholders of record on December 31, 2014. The Funds estimate that the distribution will be in the range of $4.00 to $8.00 per share.
  • Oct 29, 2014

    Blackstone Charitable Foundation Hosts First Annual Blackstone LaunchPad Demo Day

    New York, New York, October 29, 2014 – Yesterday, the Blackstone Charitable Foundation was proud to host its first annual Blackstone LaunchPad Demo Day. At the event, twenty venture teams from Blackstone LaunchPad programs at colleges and universities around the country competed in a day-long pitch event for prizes to further develop their businesses. Blackstone LaunchPad is a co-curricular, experiential, campus program designed to introduce entrepreneurship as a viable career path and develop entrepreneurial skills and mindsets through individualized coaching, idea and venture creation support.
  • Oct 29, 2014

    Blackstone and Hilton Worldwide Support Playground of Hope on Renovation of Tokyo Orphanage Playground

    TOKYO – October 29, 2014 – Blackstone and Hilton Worldwide in Japan have partnered with Playground of Hope, a Japan-based charity, to build play facilities and renovate the outdoor play area at the Kodomo-no-ie orphanage in Kiyose, Tokyo.
  • Oct 21, 2014

    Blackstone Teams with Former Solops Management Team to Fund Utility Scale Renewables Development Company

    New York, New York, October 21, 2014. Blackstone (NYSE:BX) today announced a partnership with a highly experienced management team, led by Matthew Rosenblum, the Founder and Chief Executive Officer at Solops, LLC, to create Onyx Renewable Partners (“Onyx”). As a new affiliate of Blackstone portfolio company, Fisterra Energy (“Fisterra”), Onyx will be owned by funds managed by Blackstone on behalf of its private equity investors.
  • Oct 16, 2014

    Blackstone Reports Third Quarter 2014 Results

    To view the full report please click the following link – Blackstone's third quarter 2014 earnings release. Blackstone will host a conference call on October 16, 2014 at 11:00 a.m. ET to discuss third quarter 2014 results. The conference call can be accessed by dialing +1 (877) 391-6747 (U.S. domestic) or +1 (617) 597-9291 (International) pass code 149 943 55#.
  • Oct 15, 2014

    Schwarzman Scholars Launches Recruitment Efforts

    NEW YORK, October 15, 2014 – Schwarzman Scholars, the elite international scholarship program, was proud to host the first of four official recruitment launch events yesterday evening at the Morgan Library & Museum in New York. The event served to officially introduce the program, inspired by the prestigious Rhodes Scholarship, to universities fellowship offices ahead of the application’s launch in the spring, and to celebrate the program’s progress since its announcement in April 2013. Further launch events will be held in Palo Alto, London, and Singapore.
  • Oct 15, 2014

    Fajr Capital, Mumtalakat and Blackstone acquire significant minority stake in GEMS Education

    Dubai, United Arab Emirates | 15 October, 2014 – GEMS Education has today announced that an investor group led by Fajr Capital has acquired a significant minority stake in GEMS Education’s emerging markets business, covering the Middle East, North Africa and East Asia. Bahrain Mumtalakat Holding Company (“Mumtalakat”), the investment arm of the Kingdom of Bahrain, and Tactical Opportunities funds managed by Blackstone (“Blackstone”) are the other partners in the investment consortium.
  • Oct 10, 2014

    Blackstone to Spin Off Financial Advisory Business

    New York, October 10, 2014. Blackstone (NYSE:BX) today announced that its Board of Directors has approved a plan to spin off its financial and strategic advisory services, restructuring and reorganization advisory services, and its Park Hill fund placement businesses and combine these businesses with PJT Partners, an independent financial advisory firm founded by Paul J. Taubman. The parties expect the transaction to close in 2015.
  • Oct 08, 2014

    Blackstone Charitable Foundation Executive Director Amy Stursberg to Serve on National Advisory Council on Innovation and Entrepreneurship

    Washington, D.C., October 8, 2014 – U.S. Secretary of Commerce Penny Pritzker today announced that Blackstone Charitable Foundation Executive Director Amy Stursberg has been selected to serve on the National Advisory Council on Innovation and Entrepreneurship (NACIE). NACIE members will advise the Secretary of Commerce on issues related to accelerating innovation, expanding entrepreneurship, and developing a globally competitive workforce.
  • Oct 08, 2014

    Windy Cove Energy Receives up to $700 million from Blackstone to Acquire and Develop CO2 Enhanced Oil Recovery Assets in the United States

    Houston, TX and New York, NY, October 6, 2014. Windy Cove Energy, LLC (“Windy Cove” or the “Company”) and Blackstone Energy Partners and affiliates of Blackstone (NYSE:BX), today announced the formation of Windy Cove and a concurrent commitment to invest up to $700 million of equity to acquire and develop CO2 Enhanced Oil Recovery (“EOR”) assets in the United States.
  • Oct 07, 2014

    Champlain Hudson Power Express Receives Presidential Permit

    Albany, New York (October 6, 2014) – Transmission Developers Inc. is pleased to announce that the United States Department of Energy (DOE) has issued a Presidential Permit for the Champlain Hudson Power Express a 1,000MW buried transmission line that will connect New York City and Quebec. A Presidential Permit is required for the construction, operation, maintenance and connection of electric transmission facilities at the international borders of the United States.
  • Oct 03, 2014

    Strategic Partners Fund Solutions Closes Sixth Fund at $4.4 Billion

    NY, NY October 3, 2014. Strategic Partners Fund Solutions (“Strategic Partners”), Blackstone’s (NYSE:BX) dedicated secondary and fund solutions platform, today announced the final closing on its hard cap of $4.4 billion for Strategic Partners Fund VI, L.P. (“SP VI”), its sixth secondary fund. SP VI began investing in April 2014 and is focused on generating attractive, risk-adjusted returns by acquiring portfolios of high-quality private equity interests and co-investments.
  • Oct 01, 2014

    Altus Power America Completes Capital Raise for Solar Energy with Four Franklin Square Sponsored Funds Sub-Advised by GSO Capital Partners

    October 1, 2014 – Altus Power America Management, LLC (“Altus Power”), a market leader in solar power project investing, has joined with four funds sponsored by Franklin Square Capital Partners, all sub-advised by GSO Capital Partners, a Blackstone Group company to fund Altus Power America, Inc. (“APA”). This new company, Altus Power’s fifth solar-focused operation, has the financial capacity to fund $200 million of solar generation projects.
  • Sep 29, 2014

    Blackstone Announces Third Quarter 2014 Media Call

    New York, September 29, 2014. Blackstone (NYSE:BX) announced today that it will host a conference call for the media on Thursday, October 16, 2014 at 9:30 a.m. ET to review third quarter 2014 results.
  • Sep 29, 2014

    Blackstone Announces Third Quarter 2014 Investor Call

    New York, September 29, 2014. Blackstone (NYSE:BX) announced today that it will host its third quarter 2014 investor conference call on Thursday, October 16, 2014 at 11:00 a.m. EST. Steve Schwarzman, Chairman and Chief Executive Officer; Tony James, President and Chief Operating Officer; Laurence Tosi, Chief Financial Officer; Joan Solotar, Senior Managing Director – External Relations and Strategy; and Weston Tucker, Head of Investor Relations, will review Blackstone’s third quarter 2014 results. You can listen to the call by dialing +1 (877) 391-6747 (U.S. domestic) or +1 (617) 597-9291 (international) pass code number 149 943 55#.
  • Sep 25, 2014

    Blackstone Invests in China’s Growing Medical Device Sector

    September 23, 2014 Shanghai --- Funds managed by global asset manager Blackstone (NYSE:BX) have made a significant investment into Xinrong Best Medical Instrument Co. (“Xinrong” or the “Company”), one of China’s leading manufacturers of orthopedic implants for trauma, spine, and joint applications.
  • Sep 24, 2014

    Nick Tansley joins Blackstone Advisory Partners in London

    London – 24 September 2014 Blackstone Advisory Partners, a division of Blackstone (NYSE: BX), continues to build its global industrials franchise with the appointment of Nick Tansley to head up the European industrials sector. He will be based in London and brings to Blackstone his extensive sector expertise.
  • Sep 22, 2014

    Blackstone Hosts Second Annual Veterans Hiring Summit

    New York, September 22, 2014. Today Blackstone (NYSE:BX) hosts its second annual Veterans Hiring Summit to support the hiring of American veterans across its portfolio companies. In April 2013, Blackstone committed to hire 50,000 American veterans across its portfolio of more than 70 companies over five years in support of the White House’s “Joining Forces” initiative. In 15 months, Blackstone has hired more than 15,000 veterans. The Blackstone Veterans Hiring Summit was designed to help hiring executives within corporations share best practices on attracting and recruiting veterans and to assist representatives from the U.S. military and government as they work in coordination with Blackstone portfolio companies.
  • Sep 22, 2014

    Borja Arteaga and Albert Fenandez join Blackstone Advisory Partners in Madrid

    Madrid – 22 September 2014 The Blackstone Group L.P. (NYSE:BX) announces that it is expanding and strengthening its international Blackstone Advisory Partners network with the appointment of Borja Arteaga as Senior Managing Director and Albert Fernandez as Managing Director to be based in Madrid. Mr. Arteaga will be heading Blackstone’s restructuring and M&A advisory business in the Iberian Peninsula.
  • Sep 09, 2014

    Blackstone and TSSP Agree to Acquire Kensington Group

    London, 9 September 2014: Funds managed and/or advised by Blackstone Tactical Opportunities (“Blackstone”) and by TPG Special Situations Partners (“TSSP”) announce that they have agreed to acquire Kensington, the specialty UK residential mortgage lender, from Investec plc.