New York – Blackridge Investment Corp. said today that due to market conditions, it is postponing its public offering of common stock.

About The Blackstone Group

The Blackstone Group, a private investment and advisory firm headquartered in New York and with offices in Atlanta, Boston, London, Hamburg and Paris, was founded in 1985. The firm is a world leader in alternative asset investing and has raised a total of approximately $32 billion for this purpose since its formation. Over $14 billion of that has been for private equity investing, including Blackstone Capital Partners IV, the largest institutional private equity fund ever raised at $6.45 billion. In addition to private equity investing, The Blackstone Group’s core businesses are private real estate investing, corporate debt investing, marketable alternative asset management, and corporate advisory and restructuring and reorganization advisory services. For more information visit www.blackstone.com