Blackstone Inc.
American alternative investment company / From Wikipedia, the free encyclopedia
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Blackstone Inc. is an American alternative investment management company based in New York City. 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. Blackstone is also active in credit, infrastructure, hedge funds, insurance, secondaries, and growth equity. As of June 2023[update], the company's total assets under management were approximately US$1 trillion, making it the largest alternative investment firm globally.[2]
Company type | Public |
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Industry | Financial services |
Founded | 1985; 39 years ago (1985) |
Founders | |
Headquarters | 345 Park Avenue (New York City, U.S.) |
Key people |
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Products | |
Revenue | US$8.02 billion (2023) |
US$2.44 billion (2023) | |
AUM | US$1.04 trillion (2023) |
Total assets | US$40.3 billion (2023) |
Total equity | US$6.82 billion (2023) |
Number of employees | 4,735 (2023) |
Subsidiaries | Blackstone Credit |
Website | blackstone |
Footnotes / references [1] |
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.