Among the investments included in this segment are funds of hedge funds, mezzanine funds, senior debt vehicles, proprietary hedge funds and closed-end mutual funds. Fidelity. [14], As of 2019[update], Blackstone was the world's largest private equity firm by capital commitments as ranked by Private Equity International. MPLX. Blackstone had been an original investor in GSO's funds. 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. In the last 3 years, The Blackstone Group has acquired 35 companies.It has also invested in 11 others.. SEC 13F filings are viewable for Blackstone going back to 2010. Blackstone disputed these claims. 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. What's the most common types of sub-organization? var imgid = 'ocimg' + from; The largest investors in the first fund included Prudential Insurance Company, Nikko Securities and the General Motors pension fund. As an independent power producer, Aypa was founded . Blackstone Alternative Asset Management L.P. if (isexpanded[from]) { 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. Blackstones private equity portfolio had its second quarter of double-digit growth as technology and life sciences investments buoyed the portfolio.. The innovation, knowledge and experience of our partners continues to be instrumental to our company's success. display: none; Combined Holding Report Includes: How are IPOs trending over time in this hub? [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]. AUM: $2.511 trillion. Last Updated: July 20, 2022. The current portfolio value is calculated to be $39.65 Bil. Nikko's investment allowed for a major expansion of the firm and its investment activities. The company offers investors 1 mutual funds, in terms of the number of individual fund symbols. In January 2016, Blackstone Real Estate Partners VIII L.P. acquired BioMed Realty Trust for $8 billion. After two years of providing strictly advisory services, Blackstone decided to pursue a merchant banking model after its founders determined that many situations required an investment partner rather than just an advisor. AUM: $3.054 trillion. [167], On December 1, 2022, Blackstone Inc. restricted withdrawals from its $125 billion real estate investment fund BRIET due to a surge in redemption requests from investors. ", Sorkin, Andrew Ross and de la Merced, Michael J. With that as its mission, the Blackstone Legal Fellowship is open to: The Blackstone Legal Fellowship is designed primarily for students who are completing their first year in law school. Get the full list, Youre viewing 5 of 1,084 team members. New York City-based Warburg Pincus was founded in 1966. Which investors participated in the most funding rounds within this hub? The firm prefers to invest in private equity, real estate, public debt, equity, non-investment grade credit, real assets, and secondary funds. The deal includes assets worth $2.6 billion. Before the Blackstone group was founded, both, Peter and Stephen worked together at Lehman Brothers. Multi-Family Commercial. State Street Global Advisors. The program encourages increased collaboration among local business leaders with the goal of retaining high-growth companies in the state. ft of office and co-working portfolio for $2 billion. Hilton Worldwide was previously known as Hilton Hotels Corporation from 1919 to 2009. if (i > from && i <= to) { In the past five years, Warburg Pincus has attracted $30.8 billion in new capital. Blackstone brought in five professionals, led by Howard Gellis from Nomura Holding America's Leveraged Capital Group to manage the business. Market value as of March 31, 2022. . Both companies are in the mobile advertising space. crowell timber hunting leases. 100 % ** floating rate * At fair value as of December 31, 2022 ** Based on corporate lending portfolio. Spheras Carbon Accounting and Reporting solution helps you easily calculate your companys carbon footprint. UBS Group. The firm focuses on friendly investments in large capitalization companies. 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." Blackstone co-founder Peter Peterson was the former chairman and CEO of Lehman Brothers. ", "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. isexpanded[from] = !isexpanded[from]; 5 5.Blackstone Group Inc - Portfolio Holdings, AUM (13F, 13G) - Fintel. Why must big City firms always fall for scams like FTX? In August 2020, Blackstone acquired Takeda Consumer Healthcare for $2.3 billion. NOW HE'S GOING TO TRY SOMETHING REALLY BIG. The fascinating story of how Blackstone gets its portfolio companies to work together begins from here. [28] In 1993, Hospitality Franchise Systems acquired Super 8 Motels for $125 million. 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. It has almost 80 different offices and it was founded bySam Zell. Harvest Fund Advisors LLC Blackstone Tactical Opportunities Advisors L.L.C. 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 . [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. Blackstone Group 's most notable exits include NCR , TaskUs , and Blue Yonder. 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. Formerly it was an Equity office. Clarus Ventures LLC Blackstone Alternative Solutions L.L.C. [39], In 1999, Blackstone launched its mezzanine capital business. 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. Blackstone's long-term investment approach meant that it likewise recognized the importance of developing a program that portfolio companies could use to drive employee retention and advancement . AUM: $7.318 trillion. 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. In 2012, Blackstone acquired a controlling interest in Utah-based Vivint, Inc., a home automation, security, and energy company. 1 Dividends since IPO include $0.59/share of value distributed to shareholders upon spin 62nd Street, L.L.C. Blackstone advised on the 1987 merger of investment banks E. F. Hutton & Co. and Lehman Brothers, collecting a $3.5 million fee. } 111 Capital. [53], While Blackstone was active on the corporate investment side, it was also busy pursuing real estate investments. 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. Institutional Holdings information is filed by major institutions on form 13-F with the Securities and Exchange Commission. Private Equity - Blackstone Private Equity We play a vital role in helping companies realize their growth potential. 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) . [165] The buildings sold in San Francisco and Silicon Valley included 26 office buildings and two development parcels. 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. 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. 2) Hilton Worldwide Hilton Worldwide was previously known as Hilton Hotels Corporation from 1919 to 2009. 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. PitchBooks data visualizations quickly surface an investors historical investmentsshowing a breakdown of activity by industry, year and region. HE'S THE KING OF FRANCHISING, FOR ONE THING. Blackstone spent at least $6.2 million to defeat California's Proposition 10, which would have allowed cities to enact rent control. Rocky Mountain states (CommNet Cellular) were among the most successful of the era, generating $1.5 billion of profits for Blackstone's funds. By the looks of it, Prime Minister Narendra Modi's manufacturing drive is on the up, with all the trappings of imminent success.. At Dataromas, we let you explore the latest portfolios of super investors, their net worth, and much more from all around the globe. 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. [19] In June 1989, Blackstone acquired freight railroad operator, CNW Corporation. [37] In 1998, Blackstone sold a 7% interest in its management company to AIG, valuing Blackstone at $2.1 billion. At the end of 2002, Blackstone, together with Thomas H. Lee Partners and Bain Capital, acquired Houghton Mifflin Company for $1.28 billion. [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. 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. In March 2007, RGIS announced that Blackstone Group purchased a controlling interest in the company, the terms of the transaction were not disclosed. Gray owns 41 million shares and partnerships units. [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. Blackstone has made 132 acquisitions and 209 investments. what companies does blackstone own . [50], Two years later, in 2005, Blackstone was one of seven private equity firms involved in the buyout of SunGard in a transaction valued at $11.3 billion. } Top 5 Companies Owned by Blackstone in 2022 Here are some of the companies that Blackstone owns. 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 . 2023 PitchBook. JPMorgan Chase. The average expense ratio from all mutual funds is 2.85%. } else { In 2018, the remainder of the company was sold to Byron Allen for $300 million. The firm seeks to invest through means of buyouts, debt, mergers, acquisitions, mezzanine, and growth capital. Blackstone is based out of New York. The Hilton deal, announced on July 3, 2007, is often referred to as the deal that marked the "high water mark" and the beginning of the end of the multi-year boom in leveraged buyouts. [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. [citation needed] In 2020 they acquired Ancestry.com. Since going public in 2007, Blackstone has multiplied eightfold the equity capital it devotes to real estate, to $163 billion. Blackstone is once again going all-in on the single family rental market. 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. [157] The firm invests through minority investments, corporate partnerships, and industry consolidations, and occasionally, start-up investments. On July 15, 2019, Blackstone announced its plans to acquire Vungle Inc., a leading mobile performance marketing platform. Blackstone has invested in multiple sectors such as . 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 . 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. Operational Private Equity Portfolio Company Investments Our global team brings a patient, long-term philosophy focused on partnering with each portfolio company to provide the right financial resources and operational expertise to help it succeed. Here are some of the companiesthat Blackstone owns. .arow { background-color: #EEFFEE; font-size: 11px; padding-right:3px; } Best Workplaces in New York - 2022 The companies on this year's list stand out for ce. 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% What's the most common types of sub-organization? 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 [14], Blackstone has primarily relied on private equity funds, pools of committed capital from pension funds, insurance companies, endowments, fund of funds, high-net-worth individuals, sovereign wealth funds, and other institutional investors. [31][32][33], In 1995, Blackstone sold its stake in BlackRock to PNC Financial Services for $250 million. document.getElementById(imgid).src='https://www.holdingschannel.com/closed.gif'; Between 1995 and 2014, PNC reported $12 billion in pretax revenues and capital gains from BlackRock, Schwarzman later described the selling of BlackRock as his worst business decision ever. [16] The growth firm also recruited politician and investment banker David Stockman from Salomon Brothers in 1988. Since September 2018 he has been Managing Director and Vice Chairman of the global investment-management firm PIMCO.. Blackstone's Portfolio Operations team partners with companies to create purposeful, valuable, growth-oriented businesses. 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. 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 Group will file the next quarterly 13-HR in about 3 months. .mainrow { background-color: #FFFFEE; padding-top: 3px; padding-bottom: 3px; padding-left:0; padding-right:3px; border-top: 1px dotted #666666; } 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. Address: Alnoumani generators, power station, blackstone, machines. The following are subsidiaries of The Blackstone Group L.P. as of December 31, 2016 and the jurisdictions in which they are organized. [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. Blackstone is a member of the Real Estate Roundtable, a special interest group which spends millions on lobbying and political donations every year. In 2009, Blackstone purchased Busch Entertainment (comprising the Sea World Parks, Busch Garden Parks and the two water parks). Blackstone Inc. Institutional investors purchased a net $3.6 million shares of BX during the quarter ended June 2019. 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. Our people remained fully connected - to each other, to our portfolio companies and to our investors. AUM: $6.1 trillion. Which investors participated in the most funding rounds within this hub? 801-407-6850. 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. 2) Hilton Worldwide. if (isexpanded[from]) { To view a list of current job openings at our portfolio companies, click here. Trading and portfolio management software for capital markets industry. 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. In 2015, the digital assets were sold to IBM for $2 billion. This business evolved into Blackstone's marketable alternative asset management segment, which was opened to institutional investors. I compiled this list of corporate events from the company's portfolio page and news release page. 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.
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