• Jul 31, 2015

    Blackstone Sells Agile Electric to Igarashi Electric Works, Tata Capital and MAPE Securities

    New York/Mumbai, July 30, 2015: Blackstone (NYSE: BX) today announced that a private equity fund managed by Blackstone Singapore on behalf of its private equity investors has sold its 97.9% stake in Agile Electric Sub Assembly Private Limited (“Agile”), an Indian electric motor manufacturer, to Igarashi Electric Works Ltd (“IEWL”) along with MAPE Securities Private Limited, Alpha FDI Holdings Pte. Ltd. and Tata Capital Growth Fund.
  • Jul 23, 2015

    Utility One Source Announces Partnership with TNT Equipment

    Kansas City, Missouri and Cinnaminson, New Jersey, July 23rd, 2015. Utility One Source (“UOS”) today announced a partnership with TNT Equipment, a leading provider of specialty equipment and services to the hi-rail and utility industries. Based in Cinnaminson, New Jersey, TNT will remain a family-owned and operated business led by the Reilly family, who will continue to manage and to grow the business as part of Utility One Source. Utility One Source, founded by private equity funds managed by Blackstone earlier this year, is a single-source supplier for the utility and heavy equipment industries with a focus on sales, rental, equipment customization, remanufacturing and installation, and aftermarket services.
  • Jul 16, 2015

    Blackstone Reports Second Quarter 2015 Results

    To view the full report please click the following link – Blackstone’s second quarter 2015 results. Blackstone will host a conference call on July 16, 2015 at 11:00 a.m. ET to discuss second 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#.
  • Jul 13, 2015

    RedOwl Secures $17 Million to Deliver Behavioral Analytics and Insider Risk Management to the Enterprise

    San Francisco, CA, July 13, 2015 – RedOwl, a leader in insider risk management and security analytics, today announced it has raised $17 million in Series B funding led by Allegis Capital. The company will use the new funds to continue its expansion, further build out the product development and data science teams, and begin broadening its go-to-market efforts. Reveal, RedOwl’s flagship software program for insider risk management, is deployed across multiple verticals and used within many Fortune 500 companies including Blackstone and K2 Intelligence.
  • Jul 13, 2015

    William J. Burns Appointed as Senior Advisor to Blackstone

    New York, New York, July 13, 2015. Blackstone (NYSE:BX) today announced the appointment of the Honorable William J. Burns as Senior Advisor, providing strategic counsel to the firm on geopolitical issues.
  • Jul 03, 2015

    Blackstone Names Liping Zhang as its Chairman for Greater China

    New York, New York, July 3, 2015. Blackstone (NYSE:BX) today announced that it has named Liping Zhang as a Senior Managing Director and its Chairman for Greater China. Based in Hong Kong, Mr. Zhang will advise and provide guidance to firm management and its regional business units as the firm continues to expand its presence in the region.
  • Jul 01, 2015

    Blackstone Charitable Foundation Announces First Global Expansion of Successful Campus Entrepreneurship Program “Blackstone LaunchPad” to Ireland

    The Blackstone Charitable Foundation today announced the first international expansion of its campus entrepreneurship program, Blackstone LaunchPad, to Ireland.
  • Jun 30, 2015

    Blackstone Announces Second Quarter 2015 Investor Call

    New York, June 30, 2015. Blackstone (NYSE:BX) announced today that it will host its second quarter 2015 investor conference call on Thursday, July 16, 2015 at 11:00 a.m. ET. Steve Schwarzman, Chairman, Chief Executive Officer and Co-Founder; 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 second 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 number 149 943 55#.
  • Jun 30, 2015

    Blackstone Announces Second Quarter 2015 Media Call

    New York, June 30, 2015. Blackstone (NYSE:BX) announced today that it will host a conference call for the media on Thursday, July 16, 2015 at 9:30 a.m. ET to review second quarter 2015 results.
  • Jun 30, 2015

    Blackstone to Sell AlliedBarton to Wendel

    New York, NY, June 30, 2015 – Blackstone (NYSE: BX) announced today that private equity funds it manages have agreed to sell AlliedBarton to Wendel SE (EPA: MF) for approximately $1.67 billion. The transaction is expected to close later this year, and is subject to customary regulatory approvals.
  • Jun 18, 2015

    Blackstone Portfolio Company Onyx Renewable Partners Establishes Strategic Alliance with Corvias Solutions to Implement Solar Offerings across Corvias’s Public-Private Partnership Portfolio

    New York, New York, June 18, 2015. Blackstone (NYSE: BX), together with its portfolio company Onyx Renewable Partners (“Onyx”), is pleased to announce a partnership between Onyx and Corvias Solutions (“Corvias”) to implement renewable energy offerings across the Corvias Group’s public-private partnership portfolio, including Department of Defense, higher education, and municipal partnerships.
  • Jun 17, 2015

    Blackstone and Multi Acquire Palmanova Outlet Village and AVM in Italy

    London/Amsterdam, 17 June, 2015. Multi announces the acquisition by Blackstone Real Estate Partners Europe IV of Palmanova Outlet Village, a 22,000 m2 high-quality outlet centre located between Trieste and Venice. The village opened in 2008 and hosts over 90 retailers, including Calvin Klein, Nike, Adidas, Guess and Tommy Hilfiger and generates approximately three million customer visits per year.
  • Jun 15, 2015

    Jonathan Pollack to Join Blackstone Real Estate as Chief Investment Officer for Debt Strategies

    New York, NY, June 15, 2015. Blackstone (NYSE:BX) today announced that Jonathan Pollack has joined the firm as a Senior Managing Director in its Real Estate Group. He will be the Chief Investment Officer for Blackstone Real Estate Debt Strategies (BREDS), reporting to Mike Nash, who continues as the Global Head of BREDS. Mr. Pollack was previously a Managing Director and Global Head of Commercial Real Estate, as well as Head of Risk for Structured Finance, at Deutsche Bank.
  • Jun 15, 2015

    Blackstone Portfolio Company Phoenix Tower International Announces Acquisition of T4U Holding Brasil S.A., Comprising More Than 500 Wireless Towers in Brazil

    Boca Raton, Florida, June 15, 2015. Phoenix Tower International (“PTI”), owned by funds managed by Blackstone’s Tactical Opportunities business, announces the acquisition of T4U Holding Brasil, S.A. (“T4U”). The acquisition is to be structured as a merger of T4U into PTI’s existing Brazilian tower business. Terms of the transaction were not disclosed.
  • Jun 11, 2015

    Blackstone and Black Rhino Announce Appointment of Lamido Sanusi, Emir of Kano and Former Governor of the Nigerian Central Bank, as Chairman of the Board of Directors

    Lagos, Nigeria, June 10, 2015. Funds managed by Blackstone (NYSE:BX) and Black Rhino today announced that His Highness Emir Muhammad Sanusi II will join Black Rhino’s Board of Directors as Chairman. Black Rhino was formed in January 2012 to develop and to invest in transformational infrastructure projects in Sub-Saharan Africa’s power generation and fuel transportation sectors.
  • Jun 02, 2015

    Brookfield Agrees to Acquire Center Parcs from Blackstone

    London, 2 June, 2015 – Blackstone (NYSE: BX) and Brookfield Property Partners L.P. (NYSE: BPY; TSX: BPY.UN) announce that a Brookfield-managed fund has agreed to acquire Center Parcs UK for an undisclosed sum from funds managed by Blackstone’s private equity and real estate businesses. The transaction is due to complete by the end of July.
  • May 22, 2015

    Doug Ostrover, One of the Three Founders of Blackstone’s GSO, to Step Down from Firm

    New York, NY, May 22nd, 2015. Blackstone (NYSE:BX) today announced that Doug Ostrover will step down as a Senior Managing Director of Blackstone and will become a Senior Adviser to the firm. Mr. Ostrover was, along with Bennett Goodman and Tripp Smith, one of the founders of GSO, Blackstone’s alternative credit platform. Blackstone acquired GSO in 2008 and it now has assets under management of $75 billion. Mr. Ostrover intends to found a family office to invest capital and work alongside management teams.
  • May 21, 2015

    Blackstone to Present at the Morgan Stanley Financials Conference

    New York, New York, May 21, 2015. Blackstone (NYSE:BX) announced today that Jon Gray, Global Head of Real Estate at Blackstone, will present at the Morgan Stanley Financials Conference in New York on Tuesday, June 9th, 2015 at approximately 3:35 p.m. ET.
  • May 19, 2015

    Blackstone to Present at KBW Asset Management and Capital Markets Conference

    New York, New York, May 19, 2015. Blackstone (NYSE:BX) announced today that Joseph Baratta, Global Head of Private Equity at Blackstone, will present at the KBW Asset Management and Capital Markets Conference in New York on Wednesday, June 3rd, 2015 at approximately 10:40 a.m. ET.
  • May 14, 2015

    Blackstone to Present at Bernstein’s 31st Annual Strategic Decisions Conference

    New York, New York, May 14, 2015. Blackstone (NYSE:BX) announced today that Stephen A. Schwarzman, Chairman, CEO and Co-Founder of Blackstone, will present at Bernstein’s 31st Annual Strategic Decisions Conference in New York on Thursday, May 28, 2015 at approximately 9:00 a.m. EST.