• Jan 07, 2016

    Blackstone and Ivanhoé Cambridge to Establish a New Property Management Company at Peter Cooper Village / Stuyvesant Town; Rick Hayduk Appointed General Manager

    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.
  • Jan 04, 2016

    Byron Wien Announces Predictions for Ten Surprises for 2016

    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.
  • Dec 18, 2015

    Blackstone and Ivanhoé Cambridge Assume Ownership of Peter Cooper Village Stuyvesant Town

    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).
  • Dec 16, 2015

    Blackstone Completes Acquisition of MB Aerospace

    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.
  • Dec 14, 2015

    Blackstone Capital Partners VII Raises $18 Billion

    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.
  • Nov 30, 2015

    Blackstone and KIRKBI to acquire Armacell

    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.
  • Nov 23, 2015

    Blackstone Acquires Diamonds Direct

    Diamonds Direct and Blackstone (NYSE: BX) announced today that funds managed by Blackstone Tactical Opportunities have acquired Diamonds Direct, a leading independent jewelry company.
  • Nov 18, 2015

    Isauro Alfaro Appointed as Senior Advisor in Mexico to Blackstone

    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.
  • Nov 16, 2015

    Blackstone to Sell GCA Services Group to Thomas H. Lee Partners and Goldman Sachsk

    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.
  • Nov 12, 2015

    Strategic Partners Fund Solutions to Acquire $3 Billion of Secondary Real Estate Interests from CalPERS in Largest Secondary Transaction to Date

    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.
  • Nov 04, 2015

    Blackstone to Present at the Bank of America Merrill Lynch Banking & Financial Services Conference

    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.
  • Nov 02, 2015

    Blackstone Awarded the Investors in People Gold Standard

    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.
  • Oct 26, 2015

    Blackstone to Acquire MB Aerospace

    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.
  • Oct 23, 2015

    Blackstone Charitable Foundation Announces Largest Expansion of Successful Campus Entrepreneurship Program “Blackstone LaunchPad” to Five Universities Across New York State

    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.
  • Oct 15, 2015

    Blackstone Reports Third Quarter 2015 Results

    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#.
  • Oct 07, 2015

    Blackstone, Carlyle, KKR and TPG Jointly Host Inaugural Veterans Initiative Summit

    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.
  • Oct 06, 2015

    MEDIA ADVISORY: First Lady Michelle Obama to speak at inaugural Veterans Initiative Summit, jointly hosted by Blackstone, The Carlyle Group, KKR and TPG, on October 8th at the Grand Hyatt in Washington, D.C.

    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.
  • Oct 01, 2015

    Blackstone Successfully Completes Spin-Off of PJT Partners

    Blackstone (NYSE:BX) and PJT Partners Inc. (NYSE:PJT) today announced the successful completion of the previously announced spin-off of Blackstone’s financial and strategic advisory services, restructuring and reorganization advisory services and Park Hill Group businesses, which have been combined with PJT Capital LP, a global independent financial advisory firm founded by Paul J. Taubman, to form an independent, publicly traded company called PJT Partners Inc (“PJT Partners”). Blackstone common unitholders of record as of the close of business on September 22, 2015 (the “record date”) received one share of Class A common stock of PJT Partners for every 40 common units of Blackstone held on the record date. The spin-off has been structured to be tax-free to Blackstone’s common unitholders for U.S. Federal income tax purposes, except to the extent of any gain or loss recognized by a common unitholder as a result of any cash received in lieu of fractional shares. Common unitholders are urged to consult their tax advisors with respect to U.S. federal, state, local and non-U.S. tax consequences of the spin-off.
  • Oct 01, 2015

    Blackstone Has $15.8 Billion Final Close for Latest Global Real Estate Fund

    Blackstone (NYSE:BX) today announced the final close of its latest global real estate fund, Blackstone Real Estate Partners VIII (“BREP VIII”), at $15.8 billion. Blackstone currently manages two regional opportunistic real estate funds, the $8.2 billion Blackstone Real Estate Partners Europe IV and the $5 billion Blackstone Real Estate Partners Asia.
  • Sep 30, 2015

    Blackstone Announces Third Quarter 2015 Media Call

    Blackstone (NYSE:BX) announced today that it will host a conference call for the media on Thursday, October 15th, 2015 at 9:30 a.m. ET to review third quarter 2015 results.