Private Equity

We play a vital role in helping companies realize their growth potential. We uncover and unlock value by identifying great companies with untapped potential and enhancing their performance.

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Note: All figures as of September 30, 2024, unless otherwise indicated.

1. As of June 30, 2024.

WHAT WE DO

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Disciplined Due Diligence

Our investment approach is based on a disciplined due diligence process that measures risk while identifying the catalysts for increased value. We engage only in friendly transactions and work with talented management teams to achieve positive results.

Transformative Impact

We strive to create value by investing in great businesses where our capital, strategic insight, global relationships and operational support can drive transformation.

Staying Power

When we partner with a business, we focus on building it to last. Our staying power, drawn from the scale and breadth of the platform we’ve grown over 35 years, helps our companies withstand market cycles and succeed for the long term.

OUR PORTFOLIO

We are proud of Blackstone’s role as a positive economic catalyst for the companies in our Corporate Private Equity portfolio. We work to identify, invest in and enhance the value of great businesses.

Emerson Climate Technologies

Emerson’s Climate Technologies business – including its marquee Copeland compressor brand – is a global leader in next-generation Heating, Ventilation, Air Conditioning and Refrigeration (HVACR) products. We look forward to helping the company drive its next stage of growth as consumers and businesses increasingly shift to more energy-efficient heating and cooling solutions.

Hello Sunshine

Hello Sunshine is a mission-driven content and media business founded by Reese Witherspoon. The company seeks to change the narrative for women by providing original content that places women at the forefront. Hello Sunshine joined Blackstone through Candle Media, a Blackstone-backed next-generation media company led by Kevin Mayer and Tom Staggs.

Legence

Legence works with mission-critical and high performance facilities — healthcare, schools, data centers, biopharma, high tech manufacturing, commercial real estate, and government buildings — to reduce carbon emissions, implement renewables, lower utility costs through increased efficiency, enhance system operation and improve the wellbeing of occupants, all towards building a stronger company.

TDI

Transmission Developers Inc. (TDI) is a developer of clean energy transmission projects including the Champlain Hudson Power Express (CPHE), an underground transmission line that will bring hydropower from Quebec to New York City. CHPE is expected to create enough energy to power over one million homes, supporting New York State’s clean energy transition.

Bumble

Bumble owns and operates several leading dating and social networking apps, including its namesake platform, Bumble, and Badoo. Founded by CEO Whitney Wolfe Herd, Bumble is a pioneer in female-friendly online dating where women make the first move. In partnership with the company, we have leveraged Blackstone’s scale and deep bench of operational resources to help fuel Bumble’s continued growth.

Ancestry

Ancestry provides digital family history services to more than 3.6 million subscribers in over 30 countries. Ancestry’s large user network, unique content and scaled technology platform have turned it into an industry leader. We look forward to investing in new product development and resources to help Ancestry’s customers learn more about their family histories and themselves.

News & Insights

Updates from Private Equity

Private equity investing with Blackstone’s Joe Baratta

Blackstone’s Global Head of Private Equity Joe Baratta shares his outlook for the private equity industry, the macro environment today, and his evolution as a leader.

“We Are in Our Prime”: Amit Dixit on Blackstone in India

Blackstone has invested in India for nearly two decades and today, it’s our largest market in Asia. Amit Dixit, Head of Asia for Private Equity, shares with Bloomberg how we are thinking about building – not just buying – businesses in India and the broader region.

Supporting Opportunity Through Shared Ownership

We intend for our new, large-scale, US private equity control portfolio companies to provide broad-based employee eligibility for equity-linked bonuses – an initiative we believe draws high-quality talent, promotes retention and fosters alignment in the success of our businesses. This includes the shared ownership initiative at Copeland, recently profiled in The Wall Street Journal. We believe that, with 18,000 eligible employees, it is the largest-ever shared ownership initiative at a private-equity backed company. 

Joe Baratta Portrait

“We are constantly looking for situations where we are able to add value in a way that our competitors don’t.”

Joseph Baratta

Global Head of Private Equity