[42], In October 2000, Blackstone acquired the mortgage for 7 World Trade Center from the Teachers Insurance and Annuity Association. Blackstone is in the process of taking three portfolio firms public, including a US listing for an IT services firm.bloomberg Blackstone Group has lined up a robust pipeline of exits from its. Accuride. FGIC incurred heavy losses, along with other bond insurers in the 2008 credit crisis. 3 3.Private Equity - Blackstone. Formerly it was an Equity office. Founded in 1985, The Blackstone Group is a private equity firm based in New York, New York. The recently unveiled national budget boosted capital spending by more than expected, adding to the excitement. The industry is ready to fight back", "Norvergence reveals the real culprit of Amazon deforestation and wildfires", "Mandates of the Working Group on the issue of human rights and transnational corporations and other business enterprises and the Special Rapporteur on adequate housing as a component of the right to an adequate standard of living, and on the right to non-discrimination in this context", "Real Estate Roundtable Lobbying Profile", "UN accuses Blackstone Group of contributing to global housing crisis", https://en.wikipedia.org/w/index.php?title=Blackstone_Inc.&oldid=1142163022, In December 2005, Blackstone together with a group of firms, including, Blackstone completed the $37.7 billion acquisition of one of the largest owners of commercial office properties in the US. .hiderow { Insights about top trending companies, startups, investments and M&A. List of top BlackRock Portfolio Companies - Crunchbase Hub Profile Overview Parent Organization BlackRock Number of Organizations 240 CB Rank (Hub) 40,578 Number of Founders 534 Average Founded Date Nov 27, 2009 Percentage Acquired 14% Percentage of Public Organizations 38% Percentage Non-Profit 0% Number of For-Profit Companies 236 Updated: 13 Jan 2021, 06:19 AM IST Ranjani Raghavan We are proud of Blackstones role as a positive economic catalyst for the companies in our Corporate Private Equity portfolio. State Street Global Advisors. During the buyout boom of 2006 and 2007, Blackstone completed some of the largest leveraged buyouts. Company Events. [28] In 1993, Hospitality Franchise Systems acquired Super 8 Motels for $125 million. AUM: $3.518 trillion. Blackstone has $26B in assets under management (AUM), dropping by -2.59%. At the time of its announcement, the EQ Office buyout became the largest in history, surpassing the buyout of, A consortium led by Blackstone and including the, Blackstone, together with Bain Capital, acquired Michaels, the largest arts and crafts retailer in North America in a $6.0 billion leveraged buyout in October 2006. ", Sorkin, Andrew Ross and de la Merced, Michael J. In November 2012, the company acquired a controlling interest in Vivint, In April 2013, the company discussed buying, In June 2013, Blackstone Real Estate Partners VII acquired an industrial portfolio from, In September 2013, Blackstone announced a strategic investment in ThoughtFocus Technologies LLC, an, In August 2013, Blackstone acquired Strategic Partners, manager of, In February 2014, Blackstone purchased a 20% stake in the Italian luxury brand. HE'S ALSO THE CEO WHOSE STOCK HAS BLOWN AWAY INTEL AND MICROSOFT SO FAR IN THE 1990S. TRW's parent was acquired by Northrop Grumman, while Blackstone purchased its automotive parts business, a major supplier of automotive systems. Blackstone was founded in 1985 by Peter G. Peterson and Stephen A. Schwarzman with $400,000 in seed capital. Separately, in the largest real estate transaction in India, Brookfield bought 12.8 million sq. Since 1976, we have made the following private equity investments: 2022 123Dentist Accell Group Advanced Navigation Advanta Seeds Albioma Alchemer Alliance Pharma Apex Analytix Barracuda Networks Biosynth Boasso Global Brightline, Inc. Central Tank Terminal Contabo Contour Global Cordia Energy (fka Clearway Community Energy) CyrusOne, LLC [20] That same year, Blackstone partnered with Salomon Brothers to raise $600 million to acquire distressed thrifts in the midst of the savings and loan crisis. Blackrock is based out of New York. Private Equity - Blackstone Private Equity We play a vital role in helping companies realize their growth potential. Link to 13F filings: SEC filings, .htable { font-family: Arial; font-size: 13px; border-bottom: 1px dotted #666666; width: 646px; } 100 % ** floating rate * At fair value as of December 31, 2022 ** Based on corporate lending portfolio. Founded in 1985, The Blackstone Group is a private equity firm based in New York, New York. As an independent power producer, Aypa was founded . He also serves on the firm's executive and management committees, and its board of directors. Details: Partial list of Blackstone investors LP Type New York State Common Retirement Fund Public PF California Public Employees' Retirement System (CalPERS) Public PF Farmers Insurance Group of Companies Insurance Farmers Mutual Hail Insurance Company Insurance National Retirement Fund Taft-Hartley. List of top Apollo Portfolio Companies - Crunchbase Hub Profile Hub Apollo Portfolio Companies Overview Parent Organization Apollo Number of Organizations 68 CB Rank (Hub) 38,334 Number of Founders 93 Average Founded Date Nov 3, 1997 Percentage Acquired 21% Percentage of Public Organizations 31% Number of For-Profit Companies 64 Here are some of the companies that Blackstone owns. 5 5.Blackstone Group Inc - Portfolio Holdings, AUM (13F, 13G) - Fintel. The investment giant has agreed to acquire Home Partners of America, owner of more than 17,000 homes across the U.S., for . In January 2008, Blackstone made a small co-investment alongside TPG Capital and Apollo Management in their buyout of Harrah's Entertainment, although that transaction had been announced during the buyout boom period. Allianz. Blackstone acquired the premium hotel operator for approximately $26 billion, representing a 25% premium to Hilton's all-time high stock price. .putrow { background-color: #FFEEEE; font-size: 11px; font-style: italic; padding-right:3px; } The following are subsidiaries of The Blackstone Group L.P. as of December 31, 2016 and the jurisdictions in which they are organized. In October 1991, Blackstone and Silverman added Days Inns of America for $250 million. isexpanded[from] = !isexpanded[from]; }, See Full List: All Stocks Held By Blackstone Inc. Blackstone had been an original investor in GSO's funds. In May 2011, Southern Cross, now independent, was almost bankrupt, jeopardizing 31,000 elderly residents in 750 care homes. [74] However, Blackstone failed to raise capital through an initial public offering that summer and the project were shelved. Their most recent investment was on Feb 27, 2023, when Wiz raised $300M. BlackRock's US $60 billion real assets teams helps our clients' meet their investment goals by providing a distinct range of well defined, outcome orientated strategies, along the investment risk-return spectrum, covering equity, debt and listed real assets globally. BREIT Portfolio | Blackstone Real Estate Income Trust Important Notice This site and the materials herein are directed only to certain types of investors and to persons in jurisdictions where Blackstone Real Estate Income Trust ("BREIT") is authorized for distribution. [14][15], As the business grew, Japanese bank Nikko Securities acquired a 20% interest in Blackstone for a $100 million investment in 1988 (valuing the firm at $500 million). February 21, 2023 MidCap Financial Investment Corporation Reports Financial Results for the Quarter and Fiscal Year Ended December 31, 2022, and Increases Quarterly Base Dividend to $0.38 Per Share. Here are some of the companiesthat Blackstone owns. Blackstone is one of the worlds leading investment and advisory firms. CHNG. Team: Portfolio Operations / Data Science. Blackstone leverages that capital by taking out mortgages, so the . Blackstone Infrastructure Advisors L.L.C. Contact our team. Harvest Fund Advisors LLC Blackstone Tactical Opportunities Advisors L.L.C. [19] In June 1989, Blackstone acquired freight railroad operator, CNW Corporation. 2017 Donor List; 2016 Donor List; Annual Report; News & Events; Camps; Get Involved; Contact; Donate! [11][12], From the outset in 1985, Schwarzman and Peterson planned to enter the private equity business but had difficulty in raising their first fund because neither had ever led a leveraged buyout. Get the full list, Youre viewing 5 of 797 exits. To view a list of current job openings at our portfolio companies, click here. This business evolved into Blackstone's marketable alternative asset management segment, which was opened to institutional investors. Its name is derived from the Initials of three different groups that are Zeckendorf, Eagle Star, and Convent Gardens. Blackstone's investments in telecommunications businessesfour cable TV systems in rural areas (TW Fanch 1 and 2, Bresnan Communications and Intermedia Partners IV) and a cell phone operator in the Rocky Mountain states (CommNet Cellular) were among the most successful of the era, generating $1.5 billion of profits for Blackstone's funds. Top Funding Types Grant , Series A , Series B , Series C , Series D. BlackRock is an investment company that offers its services to institutions, intermediaries, foundations, and individual investors. How are IPOs trending over time in this hub? Blackstone Credit served as lead lender and provided $1.24 billion of a $1.36 billion first lien senior secured financing package (consisting of a $1.165 billion first lien term loan, $75 million delayed draw term loan and a $120 million revolver) to support the recapitalization of Unified, a portfolio company of Altas and Ares. Job Title: Portfolio Insights, Associate. Blackstone is also active in credit, infrastructure, hedge funds, insurance, secondaries, and growth equity. Those seven customers also helped Intelenet grow revenues from $80 million to $300 million . * To download the data without a subscription, you can purchase 90-day access to a single fund (Blackstone Group) for $24.00 USD (one time). Reset Filters. Blackstone real estate has committed $5.4 billion across 33 investments in India, of which it has committed $4 billion towards acquiring Grade A commercial office buildings across the country; it. var isexpanded = new Array(); Blackstone co-founder Peter Peterson was the former chairman and CEO of Lehman Brothers. Since going public in 2007, Blackstone has multiplied eightfold the equity capital it devotes to real estate, to $163 billion. Refinitiv, Bumble, and SERVPRO are Blackstones portfolio companies. Pages in category "The Blackstone Group companies" The following 37 pages are in this category, out of 37 total. 801-407-6850. [172][173], The company has invested in companies with links to the commercialization and deforestation of the Amazon rainforest.[174][175][176][177]. During the financial crisis of 20072008, Blackstone managed to close only a few transactions. The Vanguard Group. .showrow { [citation needed] In 2020 they acquired Ancestry.com. At Dataromas, we let you explore the latest portfolios of super investors, their net worth, and much more from all around the globe. Menu. Their most recent diversity investment was on Nov 9, 2021, when Renaissance Learning raised Blackstone Group has had 62 exits. [22] That same year, Blackstone formed a partnership with J. O. Hambro Magan in the UK and Indosuez in France. Blackstone will pay US$6.6 billion for 90% of shares outstanding. As of 12/31/2022, we find all stocks held by BlackRock Inc. to be as follows, presented in the table below with each row detailing each BlackRock Inc. position, ordered by largest to smallest position size.The all-stocks-held-by-BlackRock Inc. table shows the entity held in the first column (click any entity to explore other funds holding positions), the share amount held, the share count . Javascript is disabled or is not supported by your browser. It has almost 80 different offices and it was founded by Sam Zell. [45], With a significant amount of capital in its new fund, Blackstone was one of a handful of private equity investors capable of completing large transactions in the adverse conditions of the early 2000s recession. Premium Blackstone is in the process of taking three portfolio firms public, including a US listing for an IT services firm.bloomberg 2 min read. In 1987 Blackstone entered into a 5050 partnership with the founders of BlackRock, Larry Fink (current CEO of BlackRock), and Ralph Schlosstein (CEO of Evercore). JPMorgan Chase. Since 1984, we have completed more than 940 primary and add-on investments across a broad array of investment types, business life cycles, industries and geographies. A American Axle Ancestry.com C Ivory Apartment Homes; Ivory Homes; Portfolio companies include some big names, like First Data, GoDaddy, Lyft, PEMEX Midstream, UFC, and others. Address:oman Top Funding Types Seed , Series A , Series B , Series C , Series D. Blackstone is an investment and advisory firm providing financial solutions for investors and clients. [34], In 1997, Blackstone completed fundraising for its third private equity fund, with approximately $4 billion of investor commitments[35] and a $1.1 billion real estate investment fund. Since September 2018 he has been Managing Director and Vice Chairman of the global investment-management firm PIMCO.. The firm seeks to invest through means of buyouts, debt, mergers, acquisitions, mezzanine, and growth capital. Multinational companies and long-term foreign investors like private equity giant Blackstone Inc. have their sights on India. Both companies are in the mobile advertising space. In November 2015, the company agreed to sell facility management firm GCA Services Group to. Blackstone was a net seller of stock by $-2.8B. Formerly it was an Equity office. [76], On June 21, 2007, Blackstone became a public company via an initial public offering, selling a 12.3% stake in the company for $4.13 billion, in the largest U.S. IPO since 2002.[77][78]. 6,428,927. means any Person (other than Seller, the Company and their respective Subsidiaries) in which any Blackstone Fund or Blackstone Account makes an investment from time to time (other than another Blackstone Fund or Blackstone Account) or which is an underlying or reference asset of any derivative security or other financial In June 2021, Blackstone agreed to buy Home Partners of America, a company that rents single-family houses, and its 17,000 houses, for $6 billion. [4]:225 The involvement of seven firms in the consortium was criticized by investors in private equity who considered cross-holdings among firms to be generally unattractive. The company offers investors 1 mutual funds, in terms of the number of individual fund symbols. Posted on June 17, 2021 by June 17, 2021 by Guru Portfolio Report Download Blackstone Inc has disclosed 523 total holdings in their latest 13F filing with the SEC for the portfolio date of 2021-12-31. In March 2018, Blackstone's Strategic Capital Holdings Fund invested in, In March 2018, the company's Strategic Capital Holdings Fund announced an investment in, In September 2018, the company acquires control of. 1985, New York City (United States) Private fund focused on debt, hedge, and equity investments in real estate and multiple sectors. The company was valued at US$1.2 billion. After a resistance of residents and questions regarding the legality of the purchase agreement, Blackstone withdrew from it in October 2019. } EQ Office was founded in 1976. Blackstone disputed these claims. NOW HE'S GOING TO TRY SOMETHING REALLY BIG. Blackstone's Portfolio Operations team partners with companies to create purposeful, valuable, growth-oriented businesses. var imgid = 'ocimg' + from; Learn More $132B Corporate Private Equity AUM $39B Available Capital to Invest 122 Portfolio Companies WHAT WE DO activities, notable investors of these companies, their management team, and recent news are also included. Get the full list, Morningstar Institutional Equity Research. var table = document.getElementById(tableid); Last month, Blackstone announced a $15 million contribution to COVID-19 relief efforts in New York, supporting first responders and assistance for frontline healthcare workers. Later it became Hilton Worldwide Holdings Inc. Hilton worldwide is an American Hospitality company. How much aggregate funding have these organizations raised over time? Best Workplaces in New York - 2022 The companies on this year's list stand out for ce. "Schwarz" is German for "black"; "Peter", "Petros" or "Petra" ( and , the masculine and feminine rendering of the word, respectively), in Greek means "stone" or "rock". Before the Blackstone group was founded, both, Peter and Stephen worked together at Lehman Brothers. Major institutions include financial holdings companies, banks, insurance companies, mutual fund managers, portfolio managers, self managed pension and endowment funds. Blackstone Inc has defaulted on a 531 million euro ($562.5 million) bond backed by a portfolio of offices and stores owned by Finnish company Sponda Oy, as rising interest rates hit European . British Venture Capital Association (BRVCA), Principles for Responsible Investment (PRI), Evoqua Water Technologies (Carbon Reactivation and Slurry Services Business), Co-Founder, Chief Executive Officer & Chairman, President, Chief Operating Officer, Board Member, Member of the Management Committee & Member of the Investment Committee, Chief Financial Officer & Member of Management & Investment Committee, Global Head of Infrastructure & Senior Managing Director, Youre viewing 5 of 1,903 investments and acquisitions. It was founded on the 18th of February in 1985. Define Blackstone Portfolio Company. - October 27, 1997", The Loewen Group and Blackstone Capital Partners form corporate venture to acquire Prime Succession, Loewen And Blackstone To Make Joint Purchase, Loewen Buys Big Cemetery, And Its Suitor Criticizes Deal, Red-Hot Revival in Real Estate; Overheating Is Feared With Surge in Vulture Investing, "Blackstone Group Creates Buyout Fund for $4 Billion", A.I.G. [49], Blackstone made a significant investment in Financial Guaranty Insurance Company (FGIC), a monoline bond insurer alongside PMI Group, The Cypress Group and CIVC Partners. Added to shares of these 10 stocks: FR (+$241M), Paysafe (+$152M), MMP (+$123M), KNTK (+$48M), PTCT (+$42M), XBI (+$29M), DLO (+$28M), STNE (+$19M), Mobileye Global (+$16M), CMPX (+$16M). Which companies in this hub have the most subsidiaries? [169], In 1990, Blackstone created a fund of hedge funds business to manage internal assets for Blackstone and its senior managers. Real assets: Real estate and infrastructure. Blackstone Secured Lending Fund. The oldest fund launched was in 2014. In the past five years, Warburg Pincus has attracted $30.8 billion in new capital. BXMT. 1 Dividends since IPO include $0.59/share of value distributed to shareholders upon spin 62nd Street, L.L.C. document.getElementById(imgid).src='https://www.holdingschannel.com/open.gif'; [82], In November 2013, Merlin Entertainments, owned in part by Blackstone Group, became a public company via an initial public offering on the London Stock Exchange. AUM: $3.319 trillion. 2 2.List of top Blackstone Group Portfolio Companies - Crunchbase Hub . The average expense ratio from all mutual funds is 2.85%. Why must big City firms always fall for scams like FTX? Blackstone Alternative Asset Management L.P. How Can Deutsche Telekom Recoup Losses on Its BT Stake? The portfolio listed several projects that took place before the creation of the company. [38] In 1999, Blackstone partnered, together with Apollo Management to provide capital for Allied Waste's acquisition of Browning-Ferris Industries. In 2018, the remainder of the company was sold to Byron Allen for $300 million. The fascinating story of how Blackstone gets its portfolio companies to work together begins from here. [14], In March 2008, Blackstone acquired GSO Capital Partners, a credit-oriented alternative asset manager, for $620 million in cash and stock and up to $310 million through an earnout over the next five years based on earnings targets. We seek to create positive economic impact and long-term value for our investors, the companies we invest in, and the communities in . [165] The buildings sold in San Francisco and Silicon Valley included 26 office buildings and two development parcels. ( NYSE: BXSL) Q4 2022 Earnings Conference Call February 27, 2023 9:30 AM ET Company Participants Michael Needham - Head of Investor Relations Brad Marshall -. Also, in 1996, Blackstone partnered with the Loewen Group, the second largest funeral home and cemetery operator in North America, to acquire funeral home and cemetery businesses. The US-based private equity major has already kick-started the process of listing the proposed REIT by integrating and preparing its portfolio of mall properties . Changed name from The Blackstone Group, Aug. 6, 2021. Blackstone Management Partners L.L.C. .littlerow { background-color: #FFFFFF; padding-top: 2px; padding-bottom: 2px; padding-left:0; padding-right:3px; border-top: 1px solid #EEEEEE; font-family: Arial; font-size: 10px; } Win whats next. Nikko's investment allowed for a major expansion of the firm and its investment activities. trs[i].className = 'showrow'; In April 2022, Blackstone agreed to acquire the Austin-based, In April 2022, Blackstone announced that it would acquire, Reginald ("Reg") J. What's the most common types of sub-organization? In no event shall stockzoa.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content available on stockzoa.com, or relating to the use of, or inability to use, stockzoa.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. function expandRow(from,plus) { [180], United Nations condemnation of the Invitation Homes project and lobbying efforts, Sorkin, Andrew Ross and Flynn, Laurie J. Accenture Freight and Logistics Software acquired by IBS Software Services, Sumo Logic acquired by Francisco Partners, Atlas Technical Consultants acquired by GI Partners, GL Education Group acquired by Renaissance Learning, BreakFree Solutions acquired by ThoughtFocus, Grace Hopper Celebration of Women in Computing 2019, Investor, Startup, Company or School that the hub is based on, Total number of organizations associated with this hub, Algorithmic rank assigned to the top 100,000 most active Hubs, Total number of founders of organizations in the hub, Average date the Organization was founded, Percentage of organizations in this hub that have been acquired, Percentage of organizations that have gone public with an IPO, Percentage of organizations in this hub that are non-profits, Total number of for-profit companies in this hub, Total number of non-profit companies in this hub, Top 5 investor types represented in this hub, Last Funding Round type of organizations in the hub (e.g. Blackstone Group Inc, the world's largest manager of alternative assets such as private equity and real estate, is seeking to raise $4 billion for a fund to invest in various asset classes . Blackstone is the world's largest alternative asset manager. In April 2014, Blackstone's charitable arm, the Blackstone Charitable Foundation, donated $4 million to create the Blackstone Entrepreneurs Network in Colorado. Blackstone's Portfolio Operations Group is a team of dedicated executives and advisors with decades of combined operational experience and expertise, which together form a world-class operating platform that partners with Blackstone's investment and portfolio company management teams to advise and support the firm's portfolio companies across a wide range of operational initiatives . Blackstone's private equity business has been one of the largest investors in leveraged buyouts in the last three decades, while its real estate business has actively acquired commercial real estate. 2) Hilton Worldwide Hilton Worldwide was previously known as Hilton Hotels Corporation from 1919 to 2009. font-family: Arial; [179], United Nations housing rapporteur Leilani Farha and Surya Deva, chair of the UN Working Group on Business and Human Rights, criticized Blackstone's business practices, including frequent rent increases and "aggressive" evictions, for contributing to the global housing crisis. Under no circumstances does any information posted on stockzoa.com represent a recommendation to purchase or sell a stock. Blackstone's Portfolio Operations Group is a team of dedicated executives and advisors with decades of combined operational experience and expertise, who together form a world-class operating platform that partners with Blackstone's investment and portfolio company management teams to advise and support the . EQ Office was founded in 1976. In 2019, a United Nations report found that Blackstone's massive purchasing of single-family homes after the financial crisis of 20072008 had "devastating consequences. The average manager tenure for all managers at Blackstone is 4.59 years. In August 2020, Blackstone acquired Takeda Consumer Healthcare for $2.3 billion.