• 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.
  • Aug 31, 2014

    Siccar Point Energy Limited Announces $500 Million Investment Led by Blue Water Energy and Blackstone Energy Partners to Fund Oil & Gas Exploration, Development and Production in the North Sea

    London, 31st August 2014. Siccar Point Energy Limited (together with its subsidiaries referred to as “Siccar Point Energy” or “the Company”), a new exploration, development and production company focused on the North Sea, today announced that affiliates of Blue Water Energy and Blackstone Energy Partners (“Blackstone”) have agreed to lead an initial investment of up to $500 million in the Company, including funding provided by GIC.
  • Aug 26, 2014

    Blackstone and Hilton Worldwide Partner with Department of Veterans Affairs and Kendall College to Offer Hospitality Education Programs to Veterans

    New York, August 26, 2014. Global asset manager Blackstone (NYSE:BX), in partnership with its portfolio company Hilton Worldwide, the U.S. Department of Veterans Affairs, and Kendall College in Chicago, are proud to announce the launch of a first-of-its-kind hospitality education program designed to help veterans and their spouses receive the experience and knowledge that can lead to a meaningful career in hospitality management. The announcement was made in conjunction with President Obama’s speech to the American Legion Convention today.
  • Aug 14, 2014

    Vine Oil & Gas and Blackstone Energy Partners to Acquire Shell’s Haynesville Assets

    Dallas and New York, August 14, 2014. Vine Oil & Gas LP (“Vine” or the “Company”), a recently formed exploration and production company headquartered in Dallas, Texas and Blackstone Energy Partners, an affiliate of Blackstone (NYSE:BX), today announced a definitive agreement to acquire the Haynesville assets of SWEPI LP and Shell Gulf of Mexico Inc., affiliates of Royal Dutch Shell plc (“Shell”), for $1.2 billion. The assets comprise over 107,000 net acres in North Louisiana in the core of the Haynesville Shale natural gas shale basin. The transaction is subject to customary closing conditions and regulatory approvals, and is expected to close in the fourth quarter of 2014.
  • Aug 12, 2014

    Final Environmental Impact Statement Issued by the U.S. Department of Energy for the Champlain Hudson Power Express

    Albany, New York, August 11, 2014. Transmission Developers Inc. is pleased to announce that the United States Department of Energy (DOE), in cooperation with other federal and state agencies, has issued the Final Environmental Impact Statement (FEIS) for the Champlain Hudson Power Express (CHPE) transmission line. The issuance of the FEIS concludes the successful review of the Project’s environmental impacts under the National Environmental Policy Act and clears the way for final Project permitting. DOE's proposed action is the issuance of a Presidential permit that would authorize the construction, operation, and maintenance of the proposed CHPE project
  • Aug 11, 2014

    Blackstone and Founders Buy Alliance Automotive Group from Weinberg Capital Partners

    Paris, August 11, 2014 – Private equity funds managed by Blackstone (“Blackstone”) announce the acquisition, along with the company’s founders, of Alliance Automotive Group, the leading wholesale distributor of automotive parts in France and the UK, from Weinberg Capital Partners.