Brown: independent director, This page was last edited on 28 February 2023, at 21:29. Aexis Telecom. Motel 6 also operated Studio 6. With 1,000 employees, the company manages a $64 billion private equity portfolio and has made more than 835 investments in its long history. everybody anybody somebody nobody poem by charles osgood, rock and roll hall of fame inductees 2022, mazda financial services lienholder address, martin funeral home estill, south carolina obituaries. Blackstone, Kohlberg Kravis Roberts, TPG Capital and Goldman Sachs Capital Partners acquired Biomet, a medical device manufacturer for $10.9 billion. This business evolved into Blackstone's marketable alternative asset management segment, which was opened to institutional investors. * Investors with a full data subscription can access data for any fund. The company was valued at US$1.2 billion. Later it became Hilton Worldwide Holdings Inc. Hilton worldwide is an American Hospitality company. 11 List of top Blackstone Group Portfolio Companies - Crunchbase Hub Author: crunchbase.com Published: 11/11/2021 Review: 2.84 (155 vote) Summary: This list of organizations invested in by Blackstone Group provides data on their funding history, investment activities, and acquisition trends Patrick Redevelopment OUR PARTNERS From ad agencies to landscapers, we push one another to greatness. The average expense ratio from all mutual funds is 2.85%. if (isexpanded[from]) { Oatly Selects Philadelphia To Test New Plant-Based Cream Cheese, FTX has a massive $9.5 billion shortfall in top crypto and cash needed to repay customers, the bankrupt exchange's new bosses say, FTX presentation shows massive shortfall in firms assets, Antronix Announces New Strategic Appointments to Accelerate North American Cable and Fiber Deployments for Broadband Providers, Bitcoin fell over 5% Thursday night, its largest one-hour drop since FTX, The Weeks 10 Biggest Funding Rounds: Wiz Wraps Up $300M Raise, Skydio Lands $230M For Drones, Zumper Launches Short-Term Rental Subscription Service. height: 20px; Blackstone advised on the 1987 merger of investment banks E. F. Hutton & Co. and Lehman Brothers, collecting a $3.5 million fee. 2017 Donor List; 2016 Donor List; Annual Report; News & Events; Camps; Get Involved; Contact; Donate! [166], In 2018, a critique was raised regarding a purchase agreement on several hundred apartments in Frederiksberg, Denmark, between Blackstone's Danish partner North 360 and Frederiksberg Boligfond, a non-profit housing organization established by Frederiksberg Municipality in 1930. Speaking on the firms third-quarter earnings call on Wednesday, chief financial officer Michael Chae said the private equity portfolio had fully retraced the 21.6 percent decline it experienced in the first quarter, with a Blackstone was originally formed as a mergers and acquisitions advisory boutique. ", "Blackstone snaps up Ancestry.com in $4.7bn deal", "Blackstone buys Takeda's over-the-counter business for $2.3bn", "Blackstone will invest close to $400 million in mobile app marketer Liftoff", "Butlin's owner Bourne Leisure slumps to loss as pandemic takes toll", "Blackstone Bids to Buy Australia's Crown Resorts", "Blackstone rolls the dice with $6.2 billion move on Australia's Crown Resorts", "Hasbro to Sell EOne Music Unit to Blackstone for $385 Million - BNN Bloomberg", "MGM Resorts International Announces Agreements To Purchase Infinity World's 50% Interest In CityCenter And Monetize CityCenter Real Estate Assets", "AIG to sell life and retirement unit stake to Blackstone, another with IPO", "Liftoff and Vungle Merge: 2 Top-Ten Mobile Ad Networks Owned By Private Equity Fund Blackstone Combine Forces", "Blackstone buys majority stake in SPANX, Inc", "Blackstone to Acquire Nucleus Network, Australia's Largest Phase One Clinical Trials Specialist", "Australia's Crown Resorts backs US$6.3 billion Blackstone buyout offer", "Crown Resorts Finalizes $6.6B Blackstone Group Acquisition", "Blackstone to buy American Campus Communities for nearly $13 billion", "Blackstone Is Buying PS Business Parks for $7.6 Billion", "Blackstone, Emerson Electric Strike $14 Billion Buyout Deal", "Emerson selling climate technologies in $14B deal", "Blackstone buys security firm Vivint for over $2 billion", Blackstone Real Estate Investment Portfolio, "Blackstone to Buy Stakes in Apartment Complexes From GE Unit", "Blackstone to Sell California Office Buildings for $3.5 Billion", "Blackstone traekker sig fra omstridt ejendomhandel (Blackstone withdraws from disputed real estate trade)", "Blackstone's BREIT slump looks nasty but not fatal", "Blackstone Just Limited Withdrawals From REIT", "Blackstone to acquire GSO Capital, buy back shares", "Blackstone to Buy Hedge Fund to Strengthen Credit Operations", "Motel 6 to pay $7.6 million for giving guest lists to U.S. immigration", "Motel 6 pays $12 million for sharing guest lists with U.S. immigration: Washington AG", "A Top Financier of Trump and McConnell Is a Driving Force Behind Amazon Deforestation", "Warren says Blackstone worsening climate change in new private equity salvo", "The Finance 202: Elizabeth Warren is escalating attacks on private equity. By the looks of it, Prime Minister Narendra Modi's manufacturing drive is on the up, with all the trappings of imminent success.. Job Description: Blackstone's Portfolio Management group is looking for an Associate within its Portfolio Insights team. At the end of 2002, Blackstone, together with Thomas H. Lee Partners and Bain Capital, acquired Houghton Mifflin Company for $1.28 billion. The report also condemned Blackstone for "using its significant resources and political leverage to undermine domestic laws and policies that would in fact improve access to adequate housing." Their most recent diversity investment was on Nov 9, 2021, when Renaissance Learning raised Blackstone Group has had 62 exits. 801-407-6850. if (i > from && i <= to) { [169], In 1990, Blackstone created a fund of hedge funds business to manage internal assets for Blackstone and its senior managers. Blackstone's largest holding is Cheniere Energy Partners LP with shares held of 203,782,059. Clarus Ventures LLC Blackstone Alternative Solutions L.L.C. Last Updated: July 20, 2022. Series A, Seed, Private Equity), Average of the Crunchbase Ranks of the organizations in this hub, Total number of funding rounds associated with this hub, Total funding amount raised across all funding rounds, Total number of acquisitions made by organizations in the hub, Total number of investments made by investors in this hub, Total number of lead investment firms and individual investors that invested in organizations of this hub, Total number of investment firms and individual investors that invested in organizations of this hub, Median number of investments made by investors in this hub, Median number of lead investments made by investors in this hub, Total number of people associated with this hub, Total number of events associated with this hub, Total amount raised at IPO of all the organizations associated with this hub, Median amount raised at IPO of all the organizations associated with this hub, Total valuation at IPO of all the organizations associated with this hub, Median valuation at IPO of all the organizations associated with this hub, Average date at which organizations in this hub went public, Percentage of organizations in this hub that have removed their stock from the stock exchange. BY . AUM: $3.054 trillion. [19] In June 1989, Blackstone acquired freight railroad operator, CNW Corporation. In April 2014, Blackstone's charitable arm, the Blackstone Charitable Foundation, donated $4 million to create the Blackstone Entrepreneurs Network in Colorado. UBS Group. ( NYSE: BXSL) Q4 2022 Earnings Conference Call February 27, 2023 9:30 AM ET Company Participants Michael Needham - Head of Investor Relations Brad Marshall -. Institutional Holdings information is filed by major institutions on form 13-F with the Securities and Exchange Commission. [30], Blackstone made a number of notable investments in the early and mid-1990s, including Great Lakes Dredge and Dock Company (1991), Six Flags (1991), US Radio (1994), Centerplate (1995), MEGA Brands (1996). ABRY Communications. Blackstone spent at least $6.2 million to defeat California's Proposition 10, which would have allowed cities to enact rent control. The firm prefers to invest in private equity, real estate, public debt, equity, non-investment grade credit, real assets, and secondary funds. } Blackstone / GSO Debt Funds Management Europe II Limited, Milan Branch (Italy) Blackstone Energy Family Investment Partnership (Cayman) ESC L.P. Blackstone Energy Family Investment Partnership (Cayman) II - ESC L.P. 100.00% of all the mutual funds are no load funds. Would you like to be notified? [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). The firm seeks to invest through means of buyouts, debt, mergers, acquisitions, mezzanine, and growth capital. [13], Blackstone also ventured into other businesses, most notably investment management. Look across Blackstones private equity portfolio and the firm seems to be sitting on a gold mine of similar dealmaking coups in companies involving digital payments, cloud software and data. Blackstone Secured Lending Fund. .arow { background-color: #EEFFEE; font-size: 11px; padding-right:3px; } Blackstone Inc. Institutional investors purchased a net $3.6 million shares of BX during the quarter ended June 2019. Nikko's investment allowed for a major expansion of the firm and its investment activities. Haynes and Republic Technologies International, both had problems and ultimately filed bankruptcy. Formerly it was an Equity office. Blackstone followed these investments with the acquisition of La Quinta Inns & Suites in 2005. Prior to joining PIMCO, he was Vice Chairman of Investor Relations and Business Development and a Senior Managing Director at Number of Non-profit Companies 1. } ft of Bengaluru-based RMZ Corp's 128 million sq. The firm seeks to invest through means of buyouts, debt, mergers, acquisitions, mezzanine, and growth capital. 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. 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. For a full list of all Bain Capital Private Equity investments, click here. Blackstone Advantage, a program available to Blackstone portfolio companies, creates a platform to cross-sell products and services to each other and allows them to access the resources and expertise of the platform, generating value beyond just capital. [14], As of 2019[update], Blackstone was the world's largest private equity firm by capital commitments as ranked by Private Equity International. Separately, in the largest real estate transaction in India, Brookfield bought 12.8 million sq. Together, we're making life better for more than 250,000 residents. The Firms most common exit type is trade sale (41%). for(var i = 0; i < trs.length; i++) { what if germany didn't invade russia. To view a list of current job openings at our portfolio companies, click here. The SunGard transaction is also notable in the number of firms involved in the transaction, the largest club deal completed to that point. Define Blackstone Portfolio Company. 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 . 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. Get the full list, Youre viewing 5 of 797 exits. Win whats next. The purchase and subsequent IPO of Southern Cross led to controversy ICO Companies Office: 3401 N. Center St. Suite 300 Lehi, UT 84043. SEC 13F filings are viewable for Blackstone going back to 2010. Blackstone is once again going all-in on the single family rental market. In October 2018, Blackstone announced to buy Clarus. Hilton Worldwide was previously known as Hilton Hotels Corporation from 1919 to 2009. Insights about top trending companies, startups, investments and M&A activities, notable. isexpanded[from] = !isexpanded[from]; AUM: $3.319 trillion. [40], Blackstone's investments in the late 1990s included AMF Group (1996), Haynes International (1997), American Axle (1997), Premcor (1997), CommNet Cellular (1998), Graham Packaging (1998), Centennial Communications (1999), Bresnan Communications (1999), PAETEC Holding Corp. (1999). [81], In December 2009, Blackstone acquired Busch Entertainment Corporation from Anheuser-Busch InBev for $2.9 billion. Harvest Fund Advisors LLC Blackstone Tactical Opportunities Advisors L.L.C. Why must big City firms always fall for scams like FTX? On February 14, 2022 Crown Resorts accepted Blackstone's takeover offer. The partnership's first acquisition was a $295 million buyout of Prime Succession from GTCR. In May 2014, Blackstone Group acquired the, In August 2014, Blackstone Energy Partners acquired, In January 2015, Blackstone Real Estate Partners VI announced it would sell a. What's the most common final funding type when companies get acquired? Its name is derived from the Initials of three different groups that are Zeckendorf, Eagle Star, and Convent Gardens. Under no circumstances does any information posted on stockzoa.com represent a recommendation to purchase or sell a stock. Epicor Software, a company that was backed by the KKR investment group, completed a $1.9 billion deal, and Radiate Holdco, a TPG Capital-owned company, did a $2.6 billion deal, according to S&P. Blackstone Group on November 15, 2019, invested $167 million in the holding company of Future Lifestyle Fashions Ltd., Ryka Commercial Ventures Pvt. 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 . "Blackstone To Rationalize Single Manager Hedge Funds Businesses In Efficiency Move", The Blackstone Group to Acquire Prime Hospitality Corp, "Steve Bollenbach, hospitality executive, 1942-2016", Private-Equity Firm Sees Room for Value in Hotels, "Here's Why Wyndham Worldwide Just Bought La Quinta", Blackstone's Bid for Equity Office Prevails, Blackstone Alliance to Buy Chip Maker for $17.6 Billion, VNU Shareholders Reject $8.9 Bln Offer From KKR Group, VNU Agrees To Public Offer From Private Equity Group, "Blackstone Plans to Acquire Cendant Travel Services Unit", "Private-equity companies snap up United Biscuits in a 1.6bn deal", "Blackstone and PAI complete purchase of UB", "The Blackstone Group Has Completed Its Acquisition of a Controlling Interest in RGIS", "Biomet, Inc. to Be Acquired by Private Equity Consortium for $10.9 Billion or $44 Per Share in Cash", Blackstone to Buy Hilton Hotels for $26 Billion, Private Firms Use Closed-End Funds to Tap the Market, "KKR buys Alliant in 'pass the parcel' deal", Blackstone Founders Prepare to Count Their Billions, News Analysis Behind the Veil at Blackstone? Which investors participated in the most funding rounds within this hub? Blackstone portfolio company La Quinta Inns & Suites ranks #12 among large companies in The Dallas Morning News 2014 list of Top Places to Work. [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. News. The fascinating story of how Blackstone gets its portfolio companies to work together begins from here. blackstone inc: 38,236,401 +1,750,719: $4,853,728: bx: 38,236,401 +1,750,719: $4,853,728: waste mgmt inc del: 30,615,210 +673,451: $4,852,507: wm: 30,615,210 +673,451: $4,852,507: activision blizzard inc: 60,540,901-840,362: $4,849,935: atvi: 60,540,901-840,362: $4,849,935: aon plc: 14,259,360-131,227: $4,643,277: aon: 14,259,360-131,227: $4,643,277: ford mtr co del : DASH. 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). Link to 13F filings: SEC filings, .htable { font-family: Arial; font-size: 13px; border-bottom: 1px dotted #666666; width: 646px; } [4]:4556 Blackstone finalized fundraising for its first private equity fund in the aftermath of the October 1987 stock market crash. The ICO Companies, a sister company to Ivory Homes, Utahs Largest Homebuilder for 31 years. 4 4.What Companies Does Blackstone Own In 2022 - DATAROMA. In September 2019, Blackstone announced it agreed to purchase 65% controlling interest in, On November 8, 2019, Blackstone Group acquired a majority stake in MagicLab, the owner of dating app. Blackstone's partners in the acquisition were Silver Lake Partners, Bain Capital, Goldman Sachs Capital Partners, Kohlberg Kravis Roberts, Providence Equity Partners, and TPG Capital. Insights about top trending companies, startups, investments and M&A. Rocky Mountain states (CommNet Cellular) were among the most successful of the era, generating $1.5 billion of profits for Blackstone's funds. HE'S THE KING OF FRANCHISING, FOR ONE THING. 3 3.Private Equity - Blackstone. The GSO team had previously managed the leveraged finance businesses at Donaldson, Lufkin & Jenrette and later Credit Suisse First Boston, after they acquired DLJ. Blackstone Inc.Blackstone Alternative Credit Advisors LPBlackstone Management Partners L.L.C.Clarus Ventures LLCBlackstone Alternative Solutions L.L.C.Blackstone Real Estate Advisors L.P.Harvest Fund Advisors LLCBlackstone Tactical Opportunities Advisors L.L.C.Blackstone Infrastructure Advisors L.L.C.Blackstone Alternative Asset Management L.P. Blackstone Inc. holdings changes, total fund size, and other information presented on HoldingsChannel.com was derived from Blackstone Inc. 13F filings. if (table) { 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. How are IPOs trending over time in this hub? if (isexpanded[from]) { [31][32][33], In 1995, Blackstone sold its stake in BlackRock to PNC Financial Services for $250 million. portfolio companies. what companies does blackstone own . .putrow { background-color: #FFEEEE; font-size: 11px; font-style: italic; padding-right:3px; } The investment giant has agreed to acquire Home Partners of America, owner of more than 17,000 homes across the U.S., for . 2023 PitchBook. .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; } The information on this site is in no way guaranteed for completeness, accuracy or in any other way. In contrast, the companys retail portfolio, valued at $341 billion, made up approximately 5 percent of its equity value, down from 19 percent in 2015. 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. In the last 3 years, The Blackstone Group has acquired 35 companies.It has also invested in 11 others.. In May 2011, Southern Cross, now independent, was almost bankrupt, jeopardizing 31,000 elderly residents in 750 care homes. Blackstone is one of the worlds leading investment and advisory firms. .hiderow { List of top Blackstone Group Portfolio Companies - Crunchbase Hub Profile Hub Blackstone Group Portfolio Companies Overview Parent Organization Blackstone Group Number of Organizations 151 CB Rank (Hub) 49,085 Number of Founders 240 Average Founded Date Oct 21, 2000 Percentage Acquired 26% Percentage of Public Organizations 18% PitchBooks data visualizations quickly surface an investors historical investmentsshowing a breakdown of activity by industry, year and region. It has almost 80 different offices and it was founded by Sam Zell. [28] In 1993, Hospitality Franchise Systems acquired Super 8 Motels for $125 million. [29] Silverman would ultimately leave Blackstone to serve as CEO of HFS, which would later become Cendant Corporation. How are IPOs trending over time in this hub? The innovation, knowledge and experience of our partners continues to be instrumental to our company's success. Stockman led many key deals in his time at the firm, but had a mixed record with his investments. 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. Changed name from The Blackstone Group, Aug. 6, 2021. [161], The purchase and subsequent IPO of Southern Cross led to controversy in the UK. Their last reported 13F filing for Q1 2022 included $39,402,990,000 in managed 13F securities and a top 10 holdings concentration of 65.39%. [46], In 2002, Hamilton E. James joined global alternative asset manager Blackstone, where he currently serves as president and chief operating officer. Latest statistics and disclosures from Blackstone's latest quarterly 13F-HR filing: Positions held by Blackstone Group consolidated in one spreadsheet with up to 7 years of data, Blackstone holds 173 positions in its portfolio as reported in the December 2022 quarterly 13F filing. "[178] The report alleged that Blackstone had abused tenants with exorbitant fees, rent hikes, and aggressive eviction practices, and that Blackstone's real estate practices had a disproportionate impact on communities of color, in part because the company targeted foreclosures resulting from subprime loans. In August 2020, Blackstone acquired Takeda Consumer Healthcare for $2.3 billion. [42], In October 2000, Blackstone acquired the mortgage for 7 World Trade Center from the Teachers Insurance and Annuity Association. Multinational companies and long-term foreign investors like private equity giant Blackstone Inc. have their sights on India. The portfolio listed several projects that took place before the creation of the company. Blackstone was a net seller of stock by $-2.8B. Cloud commerce platform provider for online software businesses . Suggest edits Type B2c Founded 1985 Follow us Also headquartered in New York Verizon IBM HBO Bloomberg Goldman Sachs JPMorgan Kickstarter Wired Morgan Stanley The New York Times Companies in the same industry Artesian Venture Partners Start-Up Chile Social Leverage Zima 2021 ; WIOSNA 2021 pod Babi Gr ; Wielkanoc 2021 ; Sielska Majwka w Orawskim Dworze ; Wakacje 2021 w Orawskim Dworze Air Medical. Blackstone is based out of New York. Blackstone was founded in 1985 by Peter G. Peterson and Stephen A. Schwarzman with $400,000 in seed capital. Address: Alnoumani generators, power station, blackstone, machines. Blackstone Group, the entity behind India's maiden real estate investment trust (REIT), is now planning to list the country's first retail properties-centred REIT by mid-2022, people with direct knowledge of the development said. Top Investor Types Micro VC , Hedge Fund , Accelerator , Angel Group , Venture Debt. AUM: $2.530 trillion. Blackstone will pay US$6.6 billion for 90% of shares outstanding. Which investors participated in the most funding rounds within this hub? Learn More $132B Corporate Private Equity AUM $39B Available Capital to Invest 122 Portfolio Companies WHAT WE DO [37] In 1998, Blackstone sold a 7% interest in its management company to AIG, valuing Blackstone at $2.1 billion. Will Put $1.35 Billion Into Blackstone, A trash hauler is buying a much bigger rival, a type of deal that makes Wall Street a bit nervous, "Blackstone Acquires Debt on 7 World Trade Center", Vivendi Finishes Sale of Houghton Mifflin To Investors, "At Blackstone, James Builds A Following", Blackstone Group May Purchase Auto Parts Business From TRW, Blackstone Buys Majority Stake in Columbia House, A Split-Up of Insurers of Bonds Is Considered, Capital Firms Agree to Buy SunGard Data in Cash Deal. The Blackstone Group's most common sectors for investment arecommunications (9%) and information technology (7%).The Firm's most common investment types include buyout (lbo, mbo, mbi) (24%) and secondary buyout (23%).In total, The Blackstone Group has invested in 27 US states and 27 . 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. The company was sold to Kohlberg Kravis Roberts in 2012. Spheras Carbon Accounting and Reporting solution helps you easily calculate your companys carbon footprint. In December 2008, Blackstone announced that Kailix would be spun off to its management team to form a new fund as an independent entity backed by Blackstone. Blackstone acquired Prime Hospitality[54] and Extended Stay America in 2004. UPDATE 1-US natgas flows to LNG export plants set to hit record high - Refinitiv. GME Stock Split in 2023 [Things You Need to Know], Shopify Stock Split in 2023 [Everything You Need to Know], Publix Stock Split in 2023 [Things You Need to Know], Property Development and Management, Retail Property. [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. var table = document.getElementById(tableid); Blackstone's Portfolio Operations team partners with companies to create purposeful, valuable, growth-oriented businesses. Real assets: Real estate and infrastructure. Allianz. tested every investment manager, the virtuous circle driving Blackstone's success - strong performance leading to investor trust and further growth - has continued to set our firm apart. 2) Hilton Worldwide Hilton Worldwide was previously known as Hilton Hotels Corporation from 1919 to 2009. How much aggregate funding have these organizations raised over time? [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. Blackstone Group will file the next quarterly 13-HR in about 3 months. 1986: Company developed Residence Inn in Boulder, co. 1986: Company developed Residence Inn in Saint Louis. They also planned to use a Blackstone fund to invest in financial institutions and help build an asset management business specializing in fixed income investments. [citation needed] In 2020 they acquired Ancestry.com. Blackstone Credit provided $1.9 billion (2) of a $2.85 billion first lien facility (consisting of a $2.65 billion first lien term loan and $200 million revolver) to support the acquisition of The Dovel Group by Guidehouse , a Veritas portfolio company, and pay a shareholder dividend In the last 3 years, The Blackstone Group has exited 26 companies. Blackstone is also active in credit, infrastructure, hedge funds, insurance, secondaries, and growth equity. 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 . Both companies are in the mobile advertising space. Our funds and our performance may be adversely affected by inaccurate financial projections of our funds portfolio companies, contingent liabilities, counterparty defaults or forced disposal of investments at a disadvantageous time. We work to identify, invest in and enhance the value of great businesses. [180], United Nations condemnation of the Invitation Homes project and lobbying efforts, Sorkin, Andrew Ross and Flynn, Laurie J. Blackstone Group, the worlds largest private equity firm, probably wont direct companies it owns to seek money under U.S. government programs set Carbon Accounting Support for Blackstone Portfolio Companies. CHNG. function expandRow(from,plus) {