Clarus Ventures LLC Blackstone Alternative Solutions L.L.C. 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. [9] Prominent investment banker Roger C. Altman, another Lehman veteran, left his position as a managing director of Lehman Brothers to join Peterson and Schwarzman at Blackstone in 1987, but left in 1992 to join the Clinton Administration as Deputy Treasury Secretary and later founded top advisory investment bank Evercore Partners in 1995. In 2012, Blackstone went paperless with its Annual Reports and now releases Annual Chairman's Letters online. [4]:145146, 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 Insights about top trending companies, startups, investments and M&A. Blackstone owns more than 200+ companies. Listed at $31 per share (on the NYSE), Blackstone became the first private equity firm to list shares in its management company on an exchange. Blackstone Inc. - Wikipedia Blackstone is the world's largest alternative asset manager. [75] It also planned to raise a fund on the Amsterdam stock exchange in 2006, but its rival, Kohlberg Kravis Roberts & Co., launched a $5 billion fund there that soaked up all demand for such funds, and Blackstone abandoned its project. Menu. 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. TS Imagine. [157] The firm invests through minority investments, corporate partnerships, and industry consolidations, and occasionally, start-up investments. }, See Full List: All Stocks Held By Blackstone Inc. var imgid = 'ocimg' + from; 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% Alight Solutions, which used to be the technology outsourcing business of HR and management consulting company Aon Hewitt, was acquired by private equity major Blackstone in 2017 and was rebranded an independent company. Blackstone was a net seller of stock by $-2.8B. [31][32][33], In 1995, Blackstone sold its stake in BlackRock to PNC Financial Services for $250 million. How Can Deutsche Telekom Recoup Losses on Its BT Stake? Would you like to be notified? To view a list of current job openings at our portfolio companies, click here. More Than Just A Job: Marcus Felder On Blackstone's Career Pathways 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. Blackstone spent at least $6.2 million to defeat California's Proposition 10, which would have allowed cities to enact rent control. 2 2.List of top Blackstone Group Portfolio Companies - Crunchbase Hub . 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. In December 2020, Blackstone invested nearly $400 million in Liftoff, a mobile advertising company. Haynes and Republic Technologies International, both had problems and ultimately filed bankruptcy. 7 7.BLACKSTONE INC. document.getElementById(imgid).src='https://www.holdingschannel.com/open.gif'; 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 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 . 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. This may signal that the smart money is gaining interest in this company as . Portfolio Company - Overview, Investing Approach, Examples Gray owns 41 million shares and partnerships units. [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. [53], While Blackstone was active on the corporate investment side, it was also busy pursuing real estate investments. [158] From 1987 to its IPO in 2007, Blackstone invested approximately $20 billion in 109 private equity transactions.[14]. [47] In late 2002, Blackstone remained active acquiring TRW Automotive in a $4.7 billion buyout, the largest private equity deal announced that year (the deal was completed in early 2003). This business evolved into Blackstone's marketable alternative asset management segment, which was opened to institutional investors. For a full list of all Bain Capital Private Equity investments, click here. In January 2016, Blackstone Real Estate Partners VIII L.P. acquired BioMed Realty Trust for $8 billion. Blackstone's most notable transactions during this period included the following: In 2004, Blackstone had explored the possibility of creating a business development company (BDC), Blackridge Investments, similar to vehicles pursued by Apollo Management. Blackstone has $26B in assets under management (AUM), dropping by -2.59%. Aypa Power Secures $320m Corporate Credit Facility Blackstone has met the qualifications for inclusion in our WhaleScore system. 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 . Blackstone is also active in credit, infrastructure, hedge funds, insurance, secondaries, and growth equity. In February 2016, Blackstone sold four office buildings to, In April 2016, Blackstone acquired 84 percent of, On June 19, 2017, Blackstone acquired a majority interest in, In July 2017, the company announced an investment in, In January 2018, the company acquired Pure Industrial, a Canadian, In January 2018, the company announced acquisition agreement for 55% of. Company Events. [23][24] Additionally, Blackstone and Silverman acquired a 65% interest in Prime Motor Inn's Ramada and Howard Johnson franchises for $140 million, creating Hospitality Franchise Systems as a holding company. Category:The Blackstone Group companies - Wikipedia [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. overripe kiwi alcohol; atlantic automotive group; list of blackstone portfolio companies; iowa total care dental providers; driver portal ecph; rock and roll hall of fame inductees 2022 No Comments; June 4, 2021 Harvest Fund Advisors LLC Blackstone Tactical Opportunities Advisors L.L.C. AUM: $3.054 trillion. Summary: Blackstone Inc (Blackstone) is a global investment firm that provides a range of asset management and capital markets services Detail: https://www.globaldata.com/company-profile/the-blackstone-group-inc/ 22 Blackstone Inc - Company Profile and News - Bloomberg Markets Author: bloomberg.com Published: 01/05/2022 Review: 1.89 (132 vote) Blackrock's largest holding is Apple Inc with shares held of 1,029,208,322. 2017 Donor List; 2016 Donor List; Annual Report; News & Events; Camps; Get Involved; Contact; Donate! Materials from previous years are available below in PDF format. Blackstone Inc Portfolio Insights, Associate Job in Miami, FL | Glassdoor 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 Portfolio | Bain Capital Private Equity [42], In October 2000, Blackstone acquired the mortgage for 7 World Trade Center from the Teachers Insurance and Annuity Association. Blackstone's largest transaction, the $26 billion buyout of Hilton Hotels Corporation occurred in 2007 under the tenure of Hilton CFO Stephen Bollenbach. New York City-based Warburg Pincus was founded in 1966. Blackstone presented Intelenet seven investee companies as clients on a platter, which today account for a quarter of the outsourcer's annual sales. Which investors participated in the most funding rounds within this hub? In April 2022, Blackstone agreed to acquire the Austin-based, In April 2022, Blackstone announced that it would acquire, Reginald ("Reg") J. How Blackstone became the world's biggest corporate landlord [168] The move caused investor consternation and limited the ability to attract new capital for BRIET. Revantage, a Blackstone Portfolio Company - Built In In March 2019, Blackstone purchased, with, In April 2019, Blackstone acquired a majority stake in the, In June 2019, Blackstone announced it had teamed with the Canada Pension Plan Investment Board and KIRKBI to buy Merlin Entertainment, the owners of. Blackstone leverages that capital by taking out mortgages, so the . Blackstone is an investment and advisory firm providing financial solutions for investors and clients. if (isexpanded[from]) { View more View less Blackstone is a company that sells mutual funds with $5,012M in assets under management. 111 Capital. 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. Formerly it was an Equity office. Since going public in 2007, Blackstone has multiplied eightfold the equity capital it devotes to real estate, to $163 billion. In doing so, he has . It has almost 80 different offices and it was founded by Sam Zell. What's the most common final funding type when companies get acquired? Blackstone Group, the world's largest private equity firm, probably won't direct companies it owns to seek money under U.S. government programs set up to help businesses navigate the . Western Midstream Partners L Com Unit Lp Int, Plains All Amern Pipeline L Unit Ltd Partn, Crestwood Equity Partners Unit Ltd Partner, Coupa Software Note 0.375% 6/1 (Principal), Fifth Wall Acquisitn Corp Ii Class A Ord Shs, Macondray Cap Acquisitn Corp Class A Ord Shs, https://www.sec.gov/Archives/edgar/data/1393818/0, Track 13F-HR Filings for Hedge Funds and Value Investors. BLACKROCK INC. Top 13F Holdings - WhaleWisdom.com In the past five years, Warburg Pincus has attracted $30.8 billion in new capital. [39], In 1999, Blackstone launched its mezzanine capital business. Here are some of the companiesthat Blackstone owns. 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. The largest investors in the first fund included Prudential Insurance Company, Nikko Securities and the General Motors pension fund. ", Last edited on 28 February 2023, at 21:29, Teachers Insurance and Annuity Association, Blackstone to Acquire Nucleus Network, Australia's Largest Phase One Clinical Trials Specialist, List of outdoor industry parent companies, https://companiesmarketcap.com/kohlberg-kravis-roberts/revenue/, "Blackstone Group Inc 2021 Annual Report (Form 10-K)", "Blackstone Reports Third Quarter 2022 Results", Private equity power list: #1 The Blackstone Group, "English Translation of "schwarz" | Collins German-English Dictionary", "petro-, petr-, petri-, peter- - Word Information", "Strong's Greek: 4074. Insights about top trending companies, startups, investments and M&A activities, notable. Following the acquisition, Blackstone merged GSO's operations with its existing debt investment operations. 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. what if germany didn't invade russia. Hilton Worldwide was previously known as Hilton Hotels Corporation from 1919 to 2009. Founded in 1985, The Blackstone Group is a private equity firm based in New York, New York. Top Investor Types Micro VC , Hedge Fund , Accelerator , Angel Group , Venture Debt. Blackstone Secured Lending Fund. (BXSL) Q4 2022 Earnings Call } Blackstone's largest holding is Cheniere Energy Partners LP with shares held of 203,782,059. In March 2007, RGIS announced that Blackstone Group purchased a controlling interest in the company, the terms of the transaction were not disclosed. Blackstone portfolio company La Quinta Inns & Suites ranks #12 among large companies in The Dallas Morning News 2014 list of Top Places to Work. Blackstone followed these investments with the acquisition of La Quinta Inns & Suites in 2005. In this article, we discuss 10 value stocks in Blackstone Groups portfolio. The firm seeks to invest through means of buyouts, debt, mergers, acquisitions, mezzanine, and growth capital. FGIC incurred heavy losses, along with other bond insurers in the 2008 credit crisis. Blackstone Group is more likely to invest in rounds together with the following funds: 1 DJR Advisors 2 Jaakkoo-Taara Oy 3 POSCO Venture Partners Funds investing in following rounds These funds have a tendency to invest in the following rounds after Blackstone Group: 1 Apax-Patricof 2 Zheda Youchuang 3 ZWC Partners Funds with similar focus 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. Blackstone co-founder Peter Peterson was the former chairman and CEO of Lehman Brothers. Goldman Sachs. Our portfolio companies reflect our deep sector focus and specialization. 7. blackstone private equity portfolio list. Blackstone Credit | Blackstone Private Credit Fund BENGLAURU: 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 property values. Blackstone advised on the 1987 merger of investment banks E. F. Hutton & Co. and Shearson Lehman Brothers, collecting a $3.5 million fee. We work to identify, invest in and enhance the value of great businesses. JPMorgan Chase. More Info At dataromas.com This list of organizations invested in by Blackstone Group provides data on their funding history, investment activities, and acquisition trends. Blackstone Investor Profile: Portfolio & Exits | PitchBook [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. [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. Harvest Fund Advisors LLC Blackstone Tactical Opportunities Advisors L.L.C. ( NYSE: BXSL) Q4 2022 Earnings Conference Call February 27, 2023 9:30 AM ET Company Participants Michael Needham - Head of Investor Relations Brad Marshall -. Here are some of the companies that Blackstone owns. Blackstone's most notable real estate investments have included EQ Office, Hilton Worldwide, Trizec Properties, Center Parcs UK, La Quinta Inns & Suites, Motel 6, Wyndham Worldwide, Southern Cross Healthcare and Vicinity Centres. list of blackstone portfolio companies - tedfund.org Blackstone Infrastructure Advisors L.L.C. 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. AUM: $2.511 trillion. Blackstone Group on November 15, 2019, invested $167 million in the holding company of Future Lifestyle Fashions Ltd., Ryka Commercial Ventures Pvt. In November 2015, the company agreed to sell facility management firm GCA Services Group to. 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%. 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 Infrastructure Advisors L.L.C. } Later it became Hilton Worldwide Holdings Inc. Hilton worldwide is an American Hospitality company. In October 1991, Blackstone and Silverman added Days Inns of America for $250 million. crowell timber hunting leases. Top 5 Companies Owned by Blackstone in 2022 Here are some of the companies that Blackstone owns. Blackstone Inc. Blackstone Alternative Credit Advisors LP Blackstone Management Partners L.L.C. 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. $726,340. 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. [55] Extended Stay Hotels was sold to The Lightstone Group in July 2007 and Prime Hospitality's Wellesley Inns were folded into La Quinta. Market value as of March 31, 2022. . Get the full list, Morningstar Institutional Equity Research. Blackstone was founded in 1985 as a mergers and acquisitions firm by Peter G. Peterson and Stephen A. Schwarzman, who had previously worked together at Lehman Brothers. [180], United Nations condemnation of the Invitation Homes project and lobbying efforts, Sorkin, Andrew Ross and Flynn, Laurie J. The Blackstone Groups largest (disclosed) exit occurred in 2019 when it sold Refinitiv for $27.0B. He also serves on the firm's executive and management committees, and its board of directors. (Petros) -- "a stone" or "a boulder," Peter, one of the twelve apostles", "Blackstone's Chief Has a Warning for Wall Street's Entrepreneurs", A Big Fund Ready to Capitalize on Hard Times, CNW Accepts Buyout Bid From Blackstone Group, 2 Wall Street Firms Join To Buy Savings Units, "Stephen Schwarzman And Blackstone: Wall Street's Unstoppable Force", "U.S. Mergers Firm Is Forming British Link", Prime to Sell Interest in Inns to Blackstone, U.S. Mergers Firm Is Forming British Link, "WHO THE HELL IS HENRY SILVERMAN? In January 2021, Blackstone acquired a majority shareholding in, In March 2021, Blackstone made a $6.2 billion takeover bid for Australian casino operator. Refinitiv, Bumble, and SERVPRO are Blackstones portfolio companies. [13], Blackstone also ventured into other businesses, most notably investment management. } else { [4]:176,197,206207[48] Blackstone also purchased a majority interest in Columbia House, a music-buying club, in mid-2002. [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. With 1,000 employees, the company manages a $64 billion private equity portfolio and has made more than 835 investments in its long history. [165] The buildings sold in San Francisco and Silicon Valley included 26 office buildings and two development parcels. Investments | Francisco Partners ABRY Communications. Portfolio Spotlight: Gates Corporation When Blackstone invested in Gates Corporation, we focused on the people putting in place talent development programs to build the best possible team and help the company The company was started in 2003. Hilton Worldwide was previously known as Hilton Hotels Corporation from 1919 to 2009. 2023 PitchBook. Aexis Telecom. In March 2020, Blackstone announced that it is buying a majority stake in HealthEdge, a health-care software company. The portfolio companies listed below have been acquired, invested, or exited within 5 years of the current quarter. what companies does blackstone own . 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. "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?