Together, we're making life better for more than 250,000 residents. Formerly it was an Equity office. During the buyout boom of 2006 and 2007, Blackstone completed some of the largest leveraged buyouts. 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. List of top BlackRock Portfolio Companies - Crunchbase Hub Profile 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. In March 2018, Blackstone Real Estate Income Trust, Inc. acquired a 22 million square foot portfolio of industrial properties from Cabot Properties for $1.8 billion. Formerly it was an Equity office. UBS Group. 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. Founded in 1985, The Blackstone Group is a private equity firm based in New York, New York. 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. height: 20px; 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). 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. The 8 Best Private Equity Firms - The Balance Blackstone's largest holding is Cheniere Energy Partners LP with shares held of 203,782,059. Also, at the time of its announcement, SunGard would be the largest buyout of a technology company in history, a distinction it would cede to the buyout of Freescale Semiconductor. Founded in 1985, The Blackstone Group is a private equity firm based in New York, New York. Why must big City firms always fall for scams like FTX? Here are some of the companiesthat Blackstone owns. color: #111111; This data is downloadable for data subscribers. Blackstones private equity portfolio had its second quarter of double-digit growth as technology and life sciences investments buoyed the portfolio.. Materials from previous years are available below in PDF format. Exclusive: Blackstone seeks $4 billion for Tactical - Reuters In November 2015, the company agreed to sell facility management firm GCA Services Group to. The firm prefers to invest in private equity, real estate, public debt, equity, non-investment grade credit, real assets, and secondary funds. Blackstone advised on the 1987 merger of investment banks E. F. Hutton & Co. and Shearson Lehman Brothers, collecting a $3.5 million fee. To view a list of current job openings at our portfolio companies, click here. AUM: $2.511 trillion. [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. Courtesy of Warburg Pincus. HE'S ALSO THE CEO WHOSE STOCK HAS BLOWN AWAY INTEL AND MICROSOFT SO FAR IN THE 1990S. According to Blackstone, as of September 30, 2008, Kailix Advisors had $1.9 billion of assets under management. News. The combined entity created one of the largest credit platforms in the alternative asset management business, with over $21 billion under management. Blackstone to Buy Bulk Purchaser CoreTrust From HCA Subsidiary NOW HE'S GOING TO TRY SOMETHING REALLY BIG. Portfolio Operations - Blackstone Investments | Francisco Partners [22] That same year, Blackstone formed a partnership with J. O. Hambro Magan in the UK and Indosuez in France. 2023 PitchBook. Please. During the financial crisis of 20072008, Blackstone managed to close only a few transactions. Our people remained fully connected - to each other, to our portfolio companies and to our investors. 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. Advertising Directory Solutions. list of blackstone portfolio companies. Because Blackstone is a public company, you can buy shares on the New York Stock Exchange under ticker BX. In 2012, Blackstone went paperless with its Annual Reports and now releases Annual Chairman's Letters online. $25B deployed in 4Q, a firm record $62B Insights about top trending companies, startups, investments and M&A activities, notable. 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. var tableid = 'hldtable'; In 2012, Blackstone acquired a controlling interest in Utah-based Vivint, Inc., a home automation, security, and energy company. The portfolio companies listed below have been acquired, invested, or exited within 5 years of the current quarter. The core focus of the team is to prepare, evaluate, analyze, and summarize portfolio performance on a fund and investment basis - activities which are critical to supporting the . 1) EQ Office EQ Office was founded in 1976. 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. The program encourages increased collaboration among local business leaders with the goal of retaining high-growth companies in the state. In doing so, he has . Blackstone's most notable investments include Allied Waste,[39] AlliedBarton Security Services, Graham Packaging, Celanese, Nalco, HealthMarkets, Houghton Mifflin, American Axle, TRW Automotive, Catalent Pharma Solutions, Prime Hospitality, Legoland, Madame Tussauds,[159] Luxury Resorts (LXR), Pinnacle Foods, Hilton Hotels Corporation, Motel 6, Apria Healthcare, Travelport, The Weather Channel (United States) and The PortAventura Resort. EQ Office was founded in 1976. Define Blackstone Portfolio Company. [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). In April 2022, Blackstone agreed to acquire the Austin-based, In April 2022, Blackstone announced that it would acquire, Reginald ("Reg") J. TRW's parent was acquired by Northrop Grumman, while Blackstone purchased its automotive parts business, a major supplier of automotive systems. ( NYSE: BXSL) Q4 2022 Earnings Conference Call February 27, 2023 9:30 AM ET Company Participants Michael Needham - Head of Investor Relations Brad Marshall -. Blackstone's investment in Allied was one of its largest at that point in the firm's history. .hiderow { 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%. .putrow { background-color: #FFEEEE; font-size: 11px; font-style: italic; padding-right:3px; } 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. 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. MPLX. Last Updated: July 20, 2022. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. AUM: $7.318 trillion. 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. [53], While Blackstone was active on the corporate investment side, it was also busy pursuing real estate investments. 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. FGIC incurred heavy losses, along with other bond insurers in the 2008 credit crisis. Rocky Mountain states (CommNet Cellular) were among the most successful of the era, generating $1.5 billion of profits for Blackstone's funds. TS Imagine. var trs = table.getElementsByTagName('tr'); 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. How Can Deutsche Telekom Recoup Losses on Its BT Stake? if (table) { * 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). 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. Would you like to be notified? Blackstone Management Partners L.L.C. 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. Entrepreneurship Program, Government Office. [21], In 1990, Blackstone launched its hedge funds business, initially intended to manage investments for Blackstone senior management. 3 3.Private Equity - Blackstone. This business evolved into Blackstone's marketable alternative asset management segment, which was opened to institutional investors. In 2015, the digital assets were sold to IBM for $2 billion. Portfolio Company Investments - Cerberus Capital Management Blackstone works hand in hand with portfolio companies, empowering them with tools and insights from across the portfolio to help strengthen their businesses. Find out the direct holders, institutional holders and mutual fund holders for Blackstone Inc. (BX). 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. [180], United Nations condemnation of the Invitation Homes project and lobbying efforts, Sorkin, Andrew Ross and Flynn, Laurie J. The GSO team had previously managed the leveraged finance businesses at Donaldson, Lufkin & Jenrette and later Credit Suisse First Boston, after they acquired DLJ. if (i > from && i <= to) { The Blackstone Groups largest (disclosed) exit occurred in 2019 when it sold Refinitiv for $27.0B. 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. The Blackstone Real Estate portfolio company, which plans to keep its headquarters at Willis Tower in Chicago, is expected to take down a full floor at The Quad, a well-known development. This year, 31 companies that primarily make their money in real estate made the listthat excludes such firms as Blackstone, which holds a global real estate portfolio it last valued at nearly . 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. Blackstone leverages that capital by New. With 1,000 employees, the company manages a $64 billion private equity portfolio and has made more than 835 investments in its long history. AUM: $3.518 trillion. Asset Management Company - Strategic Capital Partners | LivCor Experienced Solution Provider for Partners. The company restructured its debt in 2010. AUM: $2.530 trillion. [17][18], The firm advised CBS Corporation on its 1988 sale of CBS Records to Sony to form what would become Sony Music Entertainment. 100 % ** floating rate * At fair value as of December 31, 2022 ** Based on corporate lending portfolio. Blackstone is one of the worlds leading investment and advisory firms. Investment Portfolio | Carlyle trs[i].className = 'hiderow'; The current portfolio value is calculated to be $39.65 Bil. [170] GSO was founded in 2005 by Bennett Goodman, Tripp Smith, and Doug Ostrover. Bain and Blackstone narrowly beat out, Travelport, the parent of the travel website Orbitz.com, was acquired from, In October 2006 Blackstone, together with. [25], In 1991, Blackstone created its Europe unit[26][27] and launched its real estate investment business with the acquisition of a series of hotel businesses under the leadership of Henry Silverman. The average expense ratio from all mutual funds is 2.85%. The largest investors in the first fund included Prudential Insurance Company, Nikko Securities and the General Motors pension fund. Blackstone Credit | Blackstone Private Credit Fund [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 Ltd. On November 18, 2019, Blackstone Real Estate Income Trust, Inc. acquired the, On November 25, 2019, Reuters reported that Blackstone planned to invest $400 million in a. [13], Blackstone also ventured into other businesses, most notably investment management. Blackstone Inc. is an American alternative investment management company based in New York City. 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. 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. In March 2007, RGIS announced that Blackstone Group purchased a controlling interest in the company, the terms of the transaction were not disclosed. Fortune's exclusive look at the cou The fascinating story of how Blackstone gets its portfolio companies to work together begins from here. Contact our team. 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. [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). Its largest (disclosed) acquisition occurred in 2021 when it acquired Medline Industries for $34.0B. [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). To help identify some top stocks across a wide array of business models, the following list provides 11 picks across all 11 stock market sectors. Debt Financing - Heelstone Renewable Energy, Vault Health - Life Sciences Platform acquired by Science 37, Lesbians Who Tech + Allies San Francisco Summit 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 is based out of New York. Top 5 stock holdings are CQP , GTES , ET , MPLX , CRBG , and represent 48.14% of Blackstone's stock portfolio. A American Axle Ancestry.com C Candle Media Chicago and North Western Transportation Company Cineworld Cloudreach Crown Resorts E EQ Office Extended Stay America F Freescale Semiconductor H Job Description: Blackstone's Portfolio Management group is looking for an Associate within its Portfolio Insights team. Blackstone Group Inc's top holdings are Cheniere Energy Partners LP (US:CQP) , Gates Industrial Corporation plc (US:GTES) , Energy Transfer LP (US:ET) , MPLX LP (US:MPLX) , and Enterprise Products Partners L.P. (US:EPD) . The Firms most common exit type is trade sale (41%). Since going public in 2007, Blackstone has multiplied eightfold the equity capital it devotes to real estate, to $163 billion. The innovation, knowledge and experience of our partners continues to be instrumental to our company's success. [42], In October 2000, Blackstone acquired the mortgage for 7 World Trade Center from the Teachers Insurance and Annuity Association. In 2009, Blackstone purchased Busch Entertainment (comprising the Sea World Parks, Busch Garden Parks and the two water parks). Best Workplaces in New York - 2022 The companies on this year's list stand out for ce. 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. It is a private company of hospitality and has a chain of budget motels. activities, notable investors of these companies, their management team, and recent news are also included. Blackstone has $26B in assets under management (AUM), dropping by -2.59%. EQ Office was founded in 1976. The average manager tenure for all managers at Blackstone is 4.59 years. In this article, we discuss 10 value stocks in Blackstone Groups portfolio. Revantage, a Blackstone Portfolio Company Real Estate Headquarters Chicago , IL Total offices: 2 Total Employees: 490 Year Founded: 2017 View Website Overview Perks + Benefits Jobs 23 Revantage, a Blackstone Portfolio Company Benefits Overview At Revantage, culture is paramount. Clarus Ventures LLC Blackstone Alternative Solutions L.L.C. Accuride. .showrow { Since going public in 2007, Blackstone has multiplied eightfold the equity capital it devotes to real estate, to $163 billion. On February 14, 2022 Crown Resorts accepted Blackstone's takeover offer. Blackstone Alternative Asset Management L.P. Private Equity - Blackstone Private Equity We play a vital role in helping companies realize their growth potential. MidCap Financial Investment Corporation 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. Is Blackstone client of Wipro? How Blackstone made India its largest market in Asia 6,428,927. In July 2008, Blackstone, together with NBC Universal and Bain Capital acquired The Weather Channel from Landmark Communications for $3.5 billion. 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. Revantage, a Blackstone portfolio company, adding office space in [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. ABRY Communications. A portfolio company is a company (public or private) that a venture capital firm, buyout firm, or holding company owns equity. Their most recent investment was on Feb 27, 2023, when Wiz raised $300M. Which companies in this hub have the most subsidiaries? In the last 3 years, The Blackstone Group has acquired 35 companies.It has also invested in 11 others.. [16] The growth firm also recruited politician and investment banker David Stockman from Salomon Brothers in 1988. Blackstone Inc. Institutional investors purchased a net $3.6 million shares of BX during the quarter ended June 2019. 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. Javascript is disabled or is not supported by your browser. Top 5 Companies Owned by Blackstone in 2022 Here are some of the companies that Blackstone owns. It was founded on the 18th of February in 1985. Both companies are in the mobile advertising space. The two founders, who had previously run the mortgage-backed securities divisions at First Boston and Lehman Brothers, respectively, initially joined Blackstone to manage an investment fund and provide advice to financial institutions. 5 5.Blackstone Group Inc - Portfolio Holdings, AUM (13F, 13G) - Fintel. Construction Portfolio . 6 6.what companies does blackstone own - solsarin. } Part of the purchase involved splitting the business into a property company, NHP, and a nursing home business, which Blackstone claimed would become "the leading company in the elderly care market".