• Feb 24, 2015

    Bennett Goodman to Join Blackstone’s Board of Directors

    New York, February 24, 2015. Blackstone (NYSE:BX) today announced that Bennett Goodman has joined its board of directors. Bennett is a co-founder of GSO Capital Partners, Blackstone’s credit investment platform, which currently manages over $70 billion in various direct lending strategies, leveraged loan vehicles and distressed investment funds. He joined Blackstone in 2008 when it acquired GSO and currently sits on the firm’s Management Committee.
  • Feb 23, 2015

    Blackstone Energy Partners II Is Oversubscribed at $4.5 Billion

    New York, New York, February 23, 2015: Blackstone (NYSE:BX) today announced the commencement of the investment period for its second energy-focused private equity fund, Blackstone Energy Partners II (“BEP II”), with total commitments of $4.5 billion. BEP II received significant interest from both existing and new investors, with demand well surpassing the fund’s $4.5 billion hard cap. Investors in the fund include a diverse group of U.S. state pension funds, corporate pension funds, sovereign wealth funds, insurance companies, endowments, foundations and family offices.
  • Feb 17, 2015

    Vivint Solar Recruits Twenty Transitioning Military Service Members

    CAMP PENDLETON, Calif., Feb 17 Vivint Solar (NYSE: VSLR), a leading provider of residential solar systems, announced today that it has extended job offers to all 20 graduates of the United States Department of Energy’s ‘Reach for the Sun’ pilot program at United States Marine Corps Base Camp Pendleton. ‘Reach for the Sun’ is an intensive solar workforce training designed to help place qualified transitioning military service members into the solar industry.
  • Feb 13, 2015

    Blackstone Charitable Foundation Announces Third Annual Innovation Grant Recipients

    New York, February 13, 2015 – The Blackstone Charitable Foundation today announced that it has awarded grants totaling $3 million to twenty non-profit organizations that strengthen entrepreneurial ecosystems and support high growth entrepreneurs. Now in its third year, the Blackstone Innovation Grants program targets organizations that focus on fostering entrepreneurship and innovation.
  • Feb 03, 2015

    Blackstone Acquires 400,000 SQM of Logistics Assets in Germany

    London, 3 February, 2015: Blackstone Real Estate Partners Europe IV (“Blackstone”) announces the acquisition of ten assets in Germany for its European logistics company, Logicor from TREI Real Estate, the real estate management and development company of the Tengelmann Group.
  • Jan 30, 2015

    Blackstone Forms Leading Utility and Heavy Equipment Platform

    New York, New York, January 30, 2015. Blackstone (NYSE:BX) today announced the formation of a new utility and heavy equipment platform, Utility One Source, in partnership with three family-run businesses, Custom Truck & Equipment, Utility Fleet Sales and Forestry Equipment of Virginia (“FEVA”). Through this partnership, private equity funds managed by Blackstone (collectively with their affiliates “Blackstone”) will provide growth capital for significant additional investment in equipment, innovation and an expanded geographic footprint, which will ensure Utility One Source has the customer-focused solutions the industry requires. Importantly, each company will continue to be family-owned and operated following the investment by Blackstone.
  • Jan 29, 2015

    Blackstone Reports Fourth Quarter and Full Year 2014 Results

    To view the full report please click the following link – Blackstone’s fourth quarter and full year 2014 results. Blackstone will host a conference call on January 29, 2014 at 11:00 a.m. ET to discuss fourth quarter and full year 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#.
  • Jan 28, 2015

    Blackstone Partners with Raider Hill in the Shopping Center Space

    New York, NY, January 28, 2015. Blackstone (NYSE:BX) today announced that its retail real estate portfolio companies in the United States have entered into partnership with Raider Hill Advisors. Raider Hill Advisors was formed by Dan Hurwitz, who most recently served as Chief Executive Officer of DDR Corp (NYSE:DDR), the largest power-center REIT in the United States. Before joining DDR in 1999, Mr. Hurwitz served in a variety of executive and management roles within the retail and shopping center industry with Boscov's Department Stores Inc. and The Shopco Group. Mr. Hurwitz is a graduate of Colgate University and the Wharton School of Business Management Program at the University of Pennsylvania.
  • Jan 27, 2015

    Cromwell Announces Acquisition of Valad Europe and €150 million Convertible Bond Issue

    London, 27 January, 2015: Cromwell Property Group (ASX code: CMW) (Cromwell) today announces the acquisition of Valad Europe, a pan European property funds manager with assets of approximately €5.3 billion under management, to be funded by an underwritten €150 million Convertible Bond issue1.
  • Jan 26, 2015

    Blackstone Announces Sale of Gold Fields House in Sydney to Dalian Wanda Group

    Sydney, Australia, January 26th, 2015: Blackstone Real Estate Partners VI (“Blackstone”), through its portfolio company, Valad, has entered into a binding agreement to sell Gold Fields House (One Alfred Street), located at Circular Quay in Sydney’s central business district, to Dalian Wanda Group for approximately A$415 million.
  • Jan 23, 2015

    Blackstone Acquires 160,000 SQM of Logistics Assets in Germany

    London, 23rd January 2015. Blackstone Real Estate Partners Europe IV (“Blackstone”) announces the acquisition of three assets in Germany for its European logistics company, Logicor.
  • Jan 22, 2015

    Blackstone to Present at the Credit Suisse Financial Services Forum

    New York, New York, January 22, 2015. Blackstone (NYSE:BX) announced today that Laurence Tosi, Chief Financial Officer, will present at the Credit Suisse Financial Services Forum in Aventura, Florida on Tuesday, February 10, 2015 at approximately 12:15 pm EST.
  • Jan 14, 2015

    View The Space (“VTS”) Announces Strategic Investment from Blackstone

    New York, January 14, 2015. VTS (formerly View The Space) the leading commercial real estate asset management and leasing platform announced today a $3.3M strategic investment from real estate private equity funds managed by Blackstone (NYSE:BX). The partnership will provide VTS with ongoing support and expertise from Blackstone’s Real Estate and Innovations teams, and Blackstone intends to migrate its office assets onto the VTS platform, further solidifying the company's position as the market standard for tracking real-time leasing data and portfolio performance.
  • Jan 13, 2015

    Blackstone Announces Investment in Market Data Insights

    New York, NY, January 13, 2015. Blackstone (NYSE: BX) today announced an investment in Market Data Insights LLC (MDI), a services firm that specializes in providing market data management solutions to financial services firms.
  • Jan 09, 2015

    Blackstone Announces Fourth Quarter and Full Year 2014 Media Call

    New York, January 9, 2015. Blackstone (NYSE:BX) announced today that it will host a conference call for the media on Thursday, January 29, 2015 at 9:30 am ET to review fourth quarter and full year 2014 results.
  • Jan 09, 2015

    Blackstone Announces Fourth Quarter and Full Year 2014 Investor Call

    New York, January 9, 2015. Blackstone (NYSE:BX) announced today that it will host its fourth quarter 2014 investor conference call on Thursday, January 29, 2015 at 11:00 am ET. 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 fourth quarter and full year 2014 results. The conference call can be accessed by dialing +1 (877) 391-6747 (U.S. domestic) or +1 (617) 597-9291 (international) passcode 149 943 55#.
  • Jan 07, 2015

    Blackstone and TSSP Agree to Acquire Acenden Mortgage Servicing Solutions

    London, 7th January 2015. Funds managed by Blackstone Tactical Opportunities (“Blackstone”) and TPG Special Situations Partners (“TSSP”) have agreed to acquire Acenden Mortgage Servicing Solutions (“Acenden” or “the Company”) from the administrators of Lehman Brothers.
  • Jan 05, 2015

    Byron Wien Announces Predictions for Ten Surprises for 2015

    New York, NY, January 5, 2015. Byron R. Wien, Vice Chairman, Blackstone Advisory Partners, today issued his list of Ten Surprises for 2015. This is the 30th 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 which 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.
  • Dec 22, 2014

    Culinary Union Looks Forward to Productive Relationship with Blackstone

    LAS VEGAS, NV - Culinary Workers Union Local 226 and the Bartenders Union Local 165 of UNITE HERE, which represent over 2,000 workers at The Cosmopolitan of Las Vegas, are pleased to announce that employees, known as CoStars, of The Cosmopolitan will retain their employment when an affiliate of Blackstone Real Estate Partners VII acquires the property.
  • Dec 19, 2014

    Pátria and Blackstone Acquire Four Office Buildings in Rio de Janeiro

    Sao Paulo and New York, December 19th, 2014 – Pátria Investimentos (“Pátria”) and Blackstone (NYSE: BX) today announced that Blackstone Real Estate Partners VII and Pátria Brazil Real Estate Fund III acquired four office buildings in Rio de Janeiro from Opportunity’s Real Estate Fund for R$700 million. Pátria and Blackstone will own the portfolio in a 50/50 joint venture.