The Blackstone Group L.P. (not to be confused with investment management firm BlackRock, Inc.) is a private investment and advisory firm founded in 1985 by Peter G. Peterson and Stephen A. Schwarzman. The company is based in New York City with offices in Atlanta, Boston, London, Hamburg, Germany, and Paris, France.
Business
Business divisions:
Private Equity Group
Blackstone's current holdings include stakes in Allied Waste, Graham Packaging, Celanese, Nalco, Houghton Mifflin, Premcor, American Axle, Prime Hospitality, and Universal Studios Florida.
Real Estate Group
The company also owns more than 13 million sq. ft. of real estate in Boston, New York, San Francisco, and Washington, DC. Lastly, Blackstone provides restructuring services; clients have included XEROX, Enron, Bally Total Fitness, and Global Crossing.
Corporate Debt Group
Marketable Alternative Investments (Blackstone Alternative Asset Management or short BAAM)
Relative Value Fixed Income Investments
Corporate Advisory Services
Restructuring & Reoraganization Advisory
Clients have included XEROX, Enron, Bally Total Fitness, and Global Crossing.
External links
Company websites
Data
