• Apr 04, 2014

    Blackstone Signs Deal to Purchase Gates from Onex & CPP

    DENVER, Colo. (April 4, 2014) – Private equity funds managed by Blackstone today entered into a definitive purchase agreement with affiliates of Onex Corporation and Canada Pension Plan Investment Board to acquire all of the equity interests in Pinafore Holdings B.V., the parent company of Gates Corporation (“Gates”). The transaction is expected to close later this year and is subject to customary closing conditions and regulatory approvals.
  • Apr 04, 2014

    Construction Completed on Germany’s First Privately-Financed Offshore Wind Farm, Meerwind Süd│Ost

    WindMW GmbH (“WindMW”), a joint-venture of Blackstone Energy Partners, Blackstone’s (NYSE: BX) energy-focused private equity business, and Windland Energieerzeugungs GmbH, today announced the completion of Meerwind Süd │Ost, a 288 Megawatt (MW) offshore wind farm located in the German North Sea.
  • Apr 02, 2014

    Blackstone Prices Senior Notes Offering

    New York, April 2, 2014. The Blackstone Group L.P. (NYSE: BX) priced its offering of $500 million of 5.000% senior notes due 2044 of Blackstone Holdings Finance Co. L.L.C., its indirect subsidiary. The notes will be fully and unconditionally guaranteed by The Blackstone Group L.P. and its indirect subsidiaries, Blackstone Holdings I L.P., Blackstone Holdings II L.P., Blackstone Holdings III L.P. and Blackstone Holdings IV L.P. Blackstone intends to use the proceeds from the notes offering for general corporate purposes.
  • Apr 02, 2014

    Blackstone to Offer Senior Notes

    New York, April 2, 2014. The Blackstone Group L.P. (NYSE: BX) today announced its intention to offer, subject to market and other conditions, senior notes of Blackstone Holdings Finance Co. L.L.C., its indirect subsidiary. The notes will be fully and unconditionally guaranteed by The Blackstone Group L.P. and its indirect subsidiaries, Blackstone Holdings I L.P., Blackstone Holdings II L.P., Blackstone Holdings III L.P. and Blackstone Holdings IV L.P. Blackstone intends to use the proceeds from the notes offering for general corporate purposes.
  • Apr 01, 2014

    Summit Materials Announces Acquisition of Troy Vines, Inc.

    Denver, CO – April 1, 2014 – Summit Materials (“Summit”) is pleased to announce the acquisition of Troy Vines, Inc. (“Troy Vines”), an integrated aggregates and ready-mix concrete company headquartered in Midland, TX. The company, established in 1978 by Troy Vines, operates one quarry and one sand & gravel pit and has eight ready-mix concrete plants serving the Permian Basin region of West Texas.
  • Mar 28, 2014

    Blackstone Closes €5.1/$7 Billion European Real Estate Fund

    New York, NY, March 28, 2014. Blackstone (NYSE:BX) is pleased to announce that it has closed its fourth European Real Estate Fund at its cap of €5.1 billion ($7 billion). This makes it the largest ever dedicated European Real Estate fund.
  • Mar 27, 2014

    Blackstone Energy Partners Establishes Global Water Development Platform

    New York, NY, March 27, 2014. Blackstone Energy Partners, Blackstone’s (NYSE: BX) energy-focused private equity business, today announced a partnership with a highly experienced management team to create Global Water Development Partners, a new water-investment and development platform. The team will be led by Usha Rao-Monari, former Global Head of the International Finance Corporation’s (IFC) Water and Wastewater Group, and Lars Thunell, former Chief Executive Officer of the IFC.
  • Mar 24, 2014

    Blackstone Announces First Quarter 2014 Media Call

    New York, March 24, 2014. Blackstone (NYSE:BX) announced today that it will host a conference call for the media on Thursday, April 17, 2014 at 9:30 a.m. ET to review first quarter 2014 results.
  • Mar 24, 2014

    Blackstone Announces First Quarter 2014 Investor Call

    New York, March 24, 2014. Blackstone (NYSE:BX) announced today that it will host its first quarter 2014 investor conference call on Thursday, April 17, 2014 at 11:00 a.m. 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 first 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#.
  • Mar 11, 2014

    Schwarzman Scholars Names Former Harvard Kennedy School Administrator as Associate Dean of Student Life

    NEW YORK, March 11, 2014 – Schwarzman Scholars today announced that long-time Kennedy School administrator Julian Chang has been appointed Associate Dean of Student Life. Inspired by the prestigious Rhodes scholarship, Schwarzman Scholars is designed to educate future world leaders about China. 200 elite students from around the world will spend a postgraduate year studying at Tsinghua University in Beijing, one of China’s most prestigious academic institutions. As part of that experience, they will gain unrivaled exposure to China through mentorship opportunities, cultural immersion, extensive travel and access to distinguished visitors. Mr. Chang joins Schwarzman Scholars to develop and oversee these unique co-curricular elements of the program.
  • Mar 11, 2014

    Blackstone to Acquire Accuvant, Expanding Technology Portfolio

    New York, NY, March 11, 2014. Blackstone (NYSE: BX) today announced that a fund it manages on behalf of its private equity investors has entered into a definitive agreement to acquire a majority stake in Accuvant Inc., a leader in information security solutions and services. Accuvant management and existing shareholder Sverica International LLC will invest alongside Blackstone in the transaction. Blackstone’s investment will enable Accuvant to accelerate its pace of expansion and enable the management team to deploy additional capital and resources for a broader roll-out of its product- and service-based solution offerings.
  • Feb 28, 2014

    Blackstone Files Annual Report on Form 10-K

    New York, February 28, 2014. Blackstone (NYSE: BX) announced today that it has filed with the U.S. Securities and Exchange Commission its Annual Report on Form 10-K for the year ended December 31, 2013.
  • Feb 28, 2014

    Don Anderson to Join Board of Green Building Certification Institute

    New York, NY, February 28, 2014. Don Anderson, Chief Sustainability Officer for Blackstone’s private equity business, has been elected to the Board of the Green Building Certification Institute (GBCI). GBCI was established in 2008 to administer certifications and professional designations under the U.S. Green Building Council’s LEED® Green Building Rating Systems™.
  • Feb 27, 2014

    Versace Chooses Blackstone to Accelerate the Company's Growth

    Milan, 27 February, 2014 – GIVI Holding SPA and Gianni Versace SPA (“Versace”) today announce that they have signed an agreement with private equity funds managed by Blackstone (“Blackstone”) pursuant to which Blackstone will inject €150 million of fresh capital into the Company and will acquire €60 million in stock from GIVI Holding SPA.
  • Feb 27, 2014

    Blackstone to Present at Citi’s 2014 Asset Management, Broker Dealer and Exchanges Investor Conference

    New York, NY, February 27, 2014. Blackstone (NYSE:BX) announced today that Laurence Tosi, Chief Financial Officer, will present at Citi’s 2014 Asset Management, Broker Dealer and Exchanges Investor Conference in New York on Wednesday, March 12, 2014 at 2:15 pm EST.
  • Feb 26, 2014

    Blackstone Advisory Partners Bolsters Energy Practice

    New York, NY, February 26, 2014. Blackstone Advisory Partners (“BAP”), the financial advisory arm of Blackstone (NYSE:BX), today announced that Keith Lord and Dayan Abeyaratne will join BAP’s Energy, Power and Renewables Advisory Practice. Both will serve as Managing Directors, augmenting the business’ growing energy practice. Earlier this year, Blackstone announced that James (“Jim”) Schaefer joined BAP to lead the Energy, Power and Renewables practice.
  • Feb 21, 2014

    Blackstone Charitable Foundation Announces Expansion of Successful Campus Entrepreneurship Program “Blackstone LaunchPad” to California

    Los Angeles, California, February 21st, 2014 – The Blackstone Charitable Foundation today announced another expansion of its campus entrepreneurship program, Blackstone LaunchPad, to Southern California. Southern California becomes the sixth Blackstone LaunchPad region, following Michigan, Ohio, Pennsylvania, Florida, and Montana.
  • Feb 20, 2014

    Cylance Announces $20 Million in Series B Funding

    Irvine, CA February 20, 2014 - Cylance, the first math-based threat detection and prevention company, today announced it has closed $20 million in Series B funding, supported by Blackstone, Khosla Ventures, Fairhaven Capital and a group of private investors. The funding will help Cylance accelerate its artificial intelligence platform and go-to-market strategy in the advanced endpoint threat detection and prevention market.
  • Feb 19, 2014

    Blackstone Continues Efforts to Support Veterans

    Dallas, TX, February 19, 2014: Blackstone Chairman, CEO and Co-Founder Stephen A. Schwarzman today attended the George W. Bush Institute’s Military Service Initiative Summit. The day-long summit brings together leaders from across the private, public, and non-profit sectors to examine how Americans can more effectively support post-9/11 veterans and their families. Mr. Schwarzman participated in a panel discussion with General Peter Pace to address the importance of this issue and various ways to encourage hiring among returning servicemen in both the public and private sectors.
  • Feb 07, 2014

    Blackstone Charitable Foundation Announces Second Annual Organizational Grant Recipients

    New York, February 7, 2014 – The Blackstone Charitable Foundation today announced that it has awarded grants totaling $1.6 million to seventeen non-profit organizations. The grants were made through the Blackstone Organizational Grants Program, an annual program targeting organizations that focus on fostering entrepreneurship and innovation, now in its second year. Through this program, The Blackstone Charitable Foundation is helping innovative organizations pilot, expand or replicate projects or programs that will catalyze the growth of successful businesses, industries, and communities in their regions.