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. [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 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 . 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. On February 14, 2022 Crown Resorts accepted Blackstone's takeover offer. var isexpanded = new Array(); Fidelity. trs[i].className = 'showrow'; 6 6.what companies does blackstone own - solsarin. [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. BlackRock's US $60 billion real assets teams helps our clients' meet their investment goals by providing a distinct range of well defined, outcome orientated strategies, along the investment risk-return spectrum, covering equity, debt and listed real assets globally. 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 Rocky Mountain states (CommNet Cellular) were among the most successful of the era, generating $1.5 billion of profits for Blackstone's funds. Since going public in 2007, Blackstone has multiplied eightfold the equity capital it devotes to real estate, to $163 billion. [85], Blackstone operates through four primary departments: private equity; real estate; hedge funds; and credit. [53], While Blackstone was active on the corporate investment side, it was also busy pursuing real estate investments. [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 As of Q3 2022, the company's total assets under management were approximately US$951 billion, making it the largest alternative investment firm globally.[3]. Their most recent diversity investment was on Nov 9, 2021, when Renaissance Learning raised Blackstone Group has had 62 exits. var table = document.getElementById(tableid); 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 The firm seeks to invest through means of buyouts, debt, mergers, acquisitions, mezzanine, and growth capital. [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]. ", 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. The company was valued at US$1.2 billion. isexpanded[from] = !isexpanded[from]; SEC 13F filings are viewable for Blackstone going back to 2010. [4]:144147 He left Blackstone in 1999 to start his own private equity firm, Heartland Industrial Partners, based in Greenwich, Connecticut. Top 5 stock holdings are CQP , GTES , ET , MPLX , CRBG , and represent 48.14% of Blackstone's stock portfolio. Formerly it was an Equity office. [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. } In 2012, Blackstone acquired a controlling interest in Utah-based Vivint, Inc., a home automation, security, and energy company. 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 . Goldman Sachs. Which investors participated in the most funding rounds within this hub? AUM: $2.511 trillion. Blackstone has made 132 acquisitions and 209 investments. 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. The purchase and subsequent IPO of Southern Cross led to controversy ICO Companies Office: 3401 N. Center St. Suite 300 Lehi, UT 84043. Experienced Solution Provider for Partners. Clarus Ventures LLC Blackstone Alternative Solutions L.L.C. Which companies in this hub have the most subsidiaries? Multinational companies and long-term foreign investors like private equity giant Blackstone Inc. have their sights on India. Contact our team. How much aggregate funding have these organizations raised over time? In 2015, the digital assets were sold to IBM for $2 billion. [17][18], The firm advised CBS Corporation on its 1988 sale of CBS Records to Sony to form what would become Sony Music Entertainment. In 2012, Blackstone went paperless with its Annual Reports and now releases Annual Chairman's Letters online. [31][32][33], In 1995, Blackstone sold its stake in BlackRock to PNC Financial Services for $250 million. Entrepreneurship Program, Government Office. Blackstone Real Estate Advisors L.P. I compiled this list of corporate events from the company's portfolio page and news release page. The recently unveiled national budget boosted capital spending by more than expected, adding to the excitement. The portfolio listed several projects that took place before the creation of the company. Blackstone Real Estate Advisors L.P. Acadia Healthcare. Javascript is disabled or is not supported by your browser. Blackstone Funds Blackstone is a company that sells mutual funds with $5,138M in assets Blackstone is a company that sells mutual funds with $5,138M in assets under management. 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) list of blackstone portfolio companies . ABRY Communications. Separately, in the largest real estate transaction in India, Brookfield bought 12.8 million sq. var to = plus; 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. Multi-Family Commercial. Real assets: Real estate and infrastructure. HE'S ALSO THE CEO WHOSE STOCK HAS BLOWN AWAY INTEL AND MICROSOFT SO FAR IN THE 1990S. [162][163], After the 20072010 subprime mortgage crisis in the United States, Blackstone Group LP bought more than $5.5 billion worth of single-family homes to rent, and then be sold when the prices rise. what companies does blackstone own . With 1,000 employees, the company manages a $64 billion private equity portfolio and has made more than 835 investments in its long history. 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. if (isexpanded[from]) { 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. UBS Group. On July 15, 2019, Blackstone announced its plans to acquire Vungle Inc., a leading mobile performance marketing platform. [6][7][8] The two founders had previously worked together at Lehman Brothers. Is Blackstone client of Wipro? In October 2018, Blackstone announced to buy Clarus. Patrick Redevelopment OUR PARTNERS From ad agencies to landscapers, we push one another to greatness. By clicking the button below, your credit card will be charged $24.00 USD (one time) and you'll have access to all Blackstone Group data for 90 days. [169], In 1990, Blackstone created a fund of hedge funds business to manage internal assets for Blackstone and its senior managers. Since going public in 2007, Blackstone has multiplied eightfold the equity capital it devotes to real estate, to $163 billion. How are IPOs trending over time in this hub? [4]:221223, In 2007, Blackstone acquired Alliant Insurance Services, an insurance brokerage firm. 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. Blackstone Management Partners L.L.C. 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. CHNG. [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. What's the investment trend over time for this hub? [171][53], In separate cases in 2018 and 2019, the hotel chain Motel 6, owned by Blackstone, agreed to settle for a total of $19.6 million for giving guest lists to U.S. Immigration and Customs Enforcement (ICE) without a warrant. Blackstone Inc. is an American alternative investment management company based in New York City. function expandRow(from,plus) { display: none; - October 27, 1997", The Loewen Group and Blackstone Capital Partners form corporate venture to acquire Prime Succession, Loewen And Blackstone To Make Joint Purchase, Loewen Buys Big Cemetery, And Its Suitor Criticizes Deal, Red-Hot Revival in Real Estate; Overheating Is Feared With Surge in Vulture Investing, "Blackstone Group Creates Buyout Fund for $4 Billion", A.I.G. The Vanguard Group. ", "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. [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. 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. The GSO team had previously managed the leveraged finance businesses at Donaldson, Lufkin & Jenrette and later Credit Suisse First Boston, after they acquired DLJ. In April 2014, Blackstone's charitable arm, the Blackstone Charitable Foundation, donated $4 million to create the Blackstone Entrepreneurs Network in Colorado. Blackstone's Portfolio Operations team partners with companies to create purposeful, valuable, growth-oriented businesses. The average expense ratio from all mutual funds is 2.85%. Job Title: Portfolio Insights, Associate. 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. Its name is derived from the Initials of three different groups that are Zeckendorf, Eagle Star, and Convent Gardens. crowell timber hunting leases. 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 disputed these claims. 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. Harvest Fund Advisors LLC Blackstone Tactical Opportunities Advisors L.L.C. [161], The purchase and subsequent IPO of Southern Cross led to controversy in the UK. It has almost 80 different offices and it was founded by Sam Zell. 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. Get the full list, Youre viewing 5 of 797 exits. Blackstone claims $648 billion under management and employs over 2,400 staff. Win whats next. According to Blackstone, as of September 30, 2008, Kailix Advisors had $1.9 billion of assets under management. Posted on June 17, 2021 by June 17, 2021 by Guru Portfolio Report Download Blackstone Inc has disclosed 523 total holdings in their latest 13F filing with the SEC for the portfolio date of 2021-12-31. [55] Extended Stay Hotels was sold to The Lightstone Group in July 2007 and Prime Hospitality's Wellesley Inns were folded into La Quinta. 2 2.List of top Blackstone Group Portfolio Companies - Crunchbase Hub . var tableid = 'hldtable'; The company has spent over $ 239.78B for the acquisitions. In January 2008, Blackstone made a small co-investment alongside TPG Capital and Apollo Management in their buyout of Harrah's Entertainment, although that transaction had been announced during the buyout boom period. } The industry is ready to fight back", "Norvergence reveals the real culprit of Amazon deforestation and wildfires", "Mandates of the Working Group on the issue of human rights and transnational corporations and other business enterprises and the Special Rapporteur on adequate housing as a component of the right to an adequate standard of living, and on the right to non-discrimination in this context", "Real Estate Roundtable Lobbying Profile", "UN accuses Blackstone Group of contributing to global housing crisis", https://en.wikipedia.org/w/index.php?title=Blackstone_Inc.&oldid=1142163022, In December 2005, Blackstone together with a group of firms, including, Blackstone completed the $37.7 billion acquisition of one of the largest owners of commercial office properties in the US. PitchBooks data visualizations quickly surface an investors historical investmentsshowing a breakdown of activity by industry, year and region. 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 In October 1991, Blackstone and Silverman added Days Inns of America for $250 million. 6,428,927. John Joseph Paul Studzinski, CBE (born March 19, 1956) is an American-British investment banker and philanthropist. Blackstone is also active in credit, infrastructure, hedge funds, insurance, secondaries, and growth equity. $25B deployed in 4Q, a firm record $62B 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. 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 . 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. In November 2015, the company agreed to sell facility management firm GCA Services Group to.
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