list of blackstone portfolio companies{ keyword }

Haynes and Republic Technologies International, both had problems and ultimately filed bankruptcy. Separately, in the largest real estate transaction in India, Brookfield bought 12.8 million sq. After a resistance of residents and questions regarding the legality of the purchase agreement, Blackstone withdrew from it in October 2019. 111 Capital. Check Out What's New in Uber's Redesigned App, The job cuts by companies like Uber and GM targeting low performers show CEOs are taking a hard-line approach to management, Airbnb say that it might ban people associated with prohibited guests, 'It All Adds Up': Uber to nudge passengers with government energy-saving campaign, CBDCs and Privacy Are Not Mutually Exclusive: ConsenSys Exec, Rivian sticks to 50,000 vehicle production target for 2023, Rivian tells staff EV output may be 24% more than forecast. EQ Office was founded in 1976. Allianz. As of 12/31/2022, we find all stocks held by BlackRock Inc. to be as follows, presented in the table below with each row detailing each BlackRock Inc. position, ordered by largest to smallest position size.The all-stocks-held-by-BlackRock Inc. table shows the entity held in the first column (click any entity to explore other funds holding positions), the share amount held, the share count . With 1,000 employees, the company manages a $64 billion private equity portfolio and has made more than 835 investments in its long history. In July 2008, Blackstone, together with NBC Universal and Bain Capital acquired The Weather Channel from Landmark Communications for $3.5 billion. .hiderow { ", Sorkin, Andrew Ross and de la Merced, Michael J. We uncover and unlock value by identifying great companies with untapped potential and enhancing their performance. Advertising Directory Solutions. font-family: Arial; The report is limited. John Joseph Paul Studzinski, CBE (born March 19, 1956) is an American-British investment banker and philanthropist. In July 2020, Blackstone invested US$200m in the Swedish oat milk brand, In August 2020, Blackstone announced that it will buy a majority stake in. [157] The firm invests through minority investments, corporate partnerships, and industry consolidations, and occasionally, start-up investments. Harvest Fund Advisors LLC Blackstone Tactical Opportunities Advisors L.L.C. What companies does the Blackstone Group own? 2023 PitchBook. This represented the largest leveraged buyout completed since the takeover of RJR Nabisco at the end of the 1980s leveraged buyout boom. The purchase and subsequent IPO of Southern Cross led to controversy ICO Companies Office: 3401 N. Center St. Suite 300 Lehi, UT 84043. "[178] The report alleged that Blackstone had abused tenants with exorbitant fees, rent hikes, and aggressive eviction practices, and that Blackstone's real estate practices had a disproportionate impact on communities of color, in part because the company targeted foreclosures resulting from subprime loans. Blackstone. MPLX. Please. Blackstone's Portfolio Operations team partners with companies to create purposeful, valuable, growth-oriented businesses. Blackstones private equity portfolio had its second quarter of double-digit growth as technology and life sciences investments buoyed the portfolio.. Would you like to be notified? [166], In 2018, a critique was raised regarding a purchase agreement on several hundred apartments in Frederiksberg, Denmark, between Blackstone's Danish partner North 360 and Frederiksberg Boligfond, a non-profit housing organization established by Frederiksberg Municipality in 1930. How Can Deutsche Telekom Recoup Losses on Its BT Stake? isexpanded[from] = !isexpanded[from]; In May 2014, Blackstone Group acquired the, In August 2014, Blackstone Energy Partners acquired, In January 2015, Blackstone Real Estate Partners VI announced it would sell a. The GSO team had previously managed the leveraged finance businesses at Donaldson, Lufkin & Jenrette and later Credit Suisse First Boston, after they acquired DLJ. Clarus Ventures LLC Blackstone Alternative Solutions L.L.C. } [55] Extended Stay Hotels was sold to The Lightstone Group in July 2007 and Prime Hospitality's Wellesley Inns were folded into La Quinta. 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. 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. Blackstone Inc. is buying a company that controls how a swath of businesses owned by private equity firms secure and pay for goods and services as varied as printers, pallets and postage. 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 . 2) Hilton Worldwide. Blackstone Group will file the next quarterly 13-HR in about 3 months. The firm seeks to invest through means of buyouts, debt, mergers, acquisitions, mezzanine, and growth capital. Blackstone Inc. Institutional investors purchased a net $3.6 million shares of BX during the quarter ended June 2019. Since 1976, we have made the following private equity investments: 2022 123Dentist Accell Group Advanced Navigation Advanta Seeds Albioma Alchemer Alliance Pharma Apex Analytix Barracuda Networks Biosynth Boasso Global Brightline, Inc. Central Tank Terminal Contabo Contour Global Cordia Energy (fka Clearway Community Energy) CyrusOne, LLC [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. 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 combined entity created one of the largest credit platforms in the alternative asset management business, with over $21 billion under management. Refinitiv, Bumble, and SERVPRO are Blackstones portfolio companies. Jun 5th, 2022 . This business evolved into Blackstone's marketable alternative asset management segment, which was opened to institutional investors. The Blackstone Groups largest (disclosed) exit occurred in 2019 when it sold Refinitiv for $27.0B. 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. [4]:225 The involvement of seven firms in the consortium was criticized by investors in private equity who considered cross-holdings among firms to be generally unattractive. In 2018, the remainder of the company was sold to Byron Allen for $300 million. Our portfolio companies reflect our deep sector focus and specialization. The firm prefers to invest through means of buyouts, debt, mergers, acquisitions, mezzanine, and growth capital. Look across Blackstones private equity portfolio and the firm seems to be sitting on a gold mine of similar dealmaking coups in companies involving digital payments, cloud software and data. Blackstone advised on the 1987 merger of investment banks E. F. Hutton & Co. and Shearson Lehman Brothers, collecting a $3.5 million fee. 1 Dividends since IPO include $0.59/share of value distributed to shareholders upon spin 62nd Street, L.L.C. investors of these companies, their management team, and recent news are also included. In 2009, Blackstone purchased Busch Entertainment (comprising the Sea World Parks, Busch Garden Parks and the two water parks). All rights reserved. } Which companies in this hub have the most subsidiaries? [169], In 1990, Blackstone created a fund of hedge funds business to manage internal assets for Blackstone and its senior managers. The fascinating story of how Blackstone gets its portfolio companies to work together begins from here. The largest investors in the first fund included Prudential Insurance Company, Nikko Securities and the General Motors pension fund. 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. display: none; Their last reported 13F filing for Q4 2022 included $3,191,567,492,438 in managed 13F securities and a top 10 holdings concentration of 17.16%. crowell timber hunting leases. 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 . 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". In contrast, the companys retail portfolio, valued at $341 billion, made up approximately 5 percent of its equity value, down from 19 percent in 2015. Blackstone Real Estate Advisors L.P. Blackstone spent at least $6.2 million to defeat California's Proposition 10, which would have allowed cities to enact rent control. Real assets: Real estate and infrastructure. FGIC incurred heavy losses, along with other bond insurers in the 2008 credit crisis. Blackstone is the largest landlord in the U.S. as well as the largest real estate company worldwide, with a portfolio worth $325 billion. JPMorgan Chase. I compiled this list of corporate events from the company's portfolio page and news release page. Blackstone was a net seller of stock by $-2.8B. [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. [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]. [160], 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. The average expense ratio from all mutual funds is 2.85%. The Firms most common exit type is trade sale (41%). Blackstone owns more than 200+ companies. 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. what companies does blackstone own . Address: Alnoumani generators, power station, blackstone, machines. What's the investment trend over time for this hub? In April 2014, Blackstone's charitable arm, the Blackstone Charitable Foundation, donated $4 million to create the Blackstone Entrepreneurs Network in Colorado. Blackstone Management Partners L.L.C. Materials from previous years are available below in PDF format. For a full list of all Bain Capital Private Equity investments, click here. Bauer is building a unique brand strategy and transformation practice for Blackstone's 250 portfolio companies, whose brands include Oatly, Spanx, Bumble and Supergoop. 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. ( 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 is one of the worlds leading investment and advisory firms. (Petros) -- "a stone" or "a boulder," Peter, one of the twelve apostles", "Blackstone's Chief Has a Warning for Wall Street's Entrepreneurs", A Big Fund Ready to Capitalize on Hard Times, CNW Accepts Buyout Bid From Blackstone Group, 2 Wall Street Firms Join To Buy Savings Units, "Stephen Schwarzman And Blackstone: Wall Street's Unstoppable Force", "U.S. Mergers Firm Is Forming British Link", Prime to Sell Interest in Inns to Blackstone, U.S. Mergers Firm Is Forming British Link, "WHO THE HELL IS HENRY SILVERMAN? [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. Speaking on the firms third-quarter earnings call on Wednesday, chief financial officer Michael Chae said the private equity portfolio had fully retraced the 21.6 percent decline it experienced in the first quarter, with a Blackstone was originally formed as a mergers and acquisitions advisory boutique. Aypa Power is a Blackstone portfolio company that develops, owns, and operates utility-scale energy storage and hybrid renewable energy projects. Job Title: Portfolio Insights, Associate. Blackstone is also active in credit, infrastructure, hedge funds, insurance, secondaries, and growth equity. HE'S THE KING OF FRANCHISING, FOR ONE THING. In November 2015, the company agreed to sell facility management firm GCA Services Group to. Accuride. "Schwarz" is German for "black"; "Peter", "Petros" or "Petra" ( and , the masculine and feminine rendering of the word, respectively), in Greek means "stone" or "rock". Which investors participated in the most funding rounds within this hub? list of blackstone portfolio companies. [42], In October 2000, Blackstone acquired the mortgage for 7 World Trade Center from the Teachers Insurance and Annuity Association. Blackstone disputed these claims. [165] The buildings sold in San Francisco and Silicon Valley included 26 office buildings and two development parcels. Rocky Mountain states (CommNet Cellular) were among the most successful of the era, generating $1.5 billion of profits for Blackstone's funds. [168] The move caused investor consternation and limited the ability to attract new capital for BRIET. In 2012, Blackstone acquired a controlling interest in Utah-based Vivint, Inc., a home automation, security, and energy company. 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. Aexis Telecom. Their most recent investment was on Feb 27, 2023, when Wiz raised $300M. Past performance is a poor indicator of future performance. 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. Will Put $1.35 Billion Into Blackstone, A trash hauler is buying a much bigger rival, a type of deal that makes Wall Street a bit nervous, "Blackstone Acquires Debt on 7 World Trade Center", Vivendi Finishes Sale of Houghton Mifflin To Investors, "At Blackstone, James Builds A Following", Blackstone Group May Purchase Auto Parts Business From TRW, Blackstone Buys Majority Stake in Columbia House, A Split-Up of Insurers of Bonds Is Considered, Capital Firms Agree to Buy SunGard Data in Cash Deal. HE'S ALSO THE CEO WHOSE STOCK HAS BLOWN AWAY INTEL AND MICROSOFT SO FAR IN THE 1990S. The oldest fund launched was in 2014. Javascript is disabled or is not supported by your browser. [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. Back to BX Overview. .mainrow { background-color: #FFFFEE; padding-top: 3px; padding-bottom: 3px; padding-left:0; padding-right:3px; border-top: 1px dotted #666666; } document.getElementById(imgid).src='https://www.holdingschannel.com/closed.gif'; var table = document.getElementById(tableid); In April 2022, Blackstone agreed to acquire the Austin-based, In April 2022, Blackstone announced that it would acquire, Reginald ("Reg") J. February 21, 2023 MidCap Financial Investment Corporation Reports Financial Results for the Quarter and Fiscal Year Ended December 31, 2022, and Increases Quarterly Base Dividend to $0.38 Per Share. Blackstone Inc. Blackstone Alternative Credit Advisors LP Blackstone Management Partners L.L.C. 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%. 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. In 2012, Blackstone went paperless with its Annual Reports and now releases Annual Chairman's Letters online. Blackstone's investment in Allied was one of its largest at that point in the firm's history. As an independent power producer, Aypa was founded . Fidelity. [4]:144147 He left Blackstone in 1999 to start his own private equity firm, Heartland Industrial Partners, based in Greenwich, Connecticut. 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. [172][173], The company has invested in companies with links to the commercialization and deforestation of the Amazon rainforest.[174][175][176][177]. [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. 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 6,428,927. means any Person (other than Seller, the Company and their respective Subsidiaries) in which any Blackstone Fund or Blackstone Account makes an investment from time to time (other than another Blackstone Fund or Blackstone Account) or which is an underlying or reference asset of any derivative security or other financial In June 2021, Blackstone agreed to buy Home Partners of America, a company that rents single-family houses, and its 17,000 houses, for $6 billion. Best Workplaces in New York - 2022 The companies on this year's list stand out for ce. 1985, New York City (United States) Private fund focused on debt, hedge, and equity investments in real estate and multiple sectors. Top Investor Types Micro VC , Hedge Fund , Accelerator , Angel Group , Venture Debt. Founded in 1985, The Blackstone Group is a private equity firm based in New York, New York. What's the investment trend over time for this hub? overripe kiwi alcohol; atlantic automotive group; list of blackstone portfolio companies; iowa total care dental providers; driver portal ecph; rock and roll hall of fame inductees 2022 No Comments; June 4, 2021 Experienced Solution Provider for Partners. 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. [17][18], The firm advised CBS Corporation on its 1988 sale of CBS Records to Sony to form what would become Sony Music Entertainment. [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). 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 . At Dataromas, we let you explore the latest portfolios of super investors, their net worth, and much more from all around the globe. 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. During the financial crisis of 20072008, Blackstone managed to close only a few transactions. 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. During the buyout boom of 2006 and 2007, Blackstone completed some of the largest leveraged buyouts. [4]:221223, In 2007, Blackstone acquired Alliant Insurance Services, an insurance brokerage firm. what if germany didn't invade russia. [39], In 1999, Blackstone launched its mezzanine capital business. Their most recent diversity investment was on Nov 9, 2021, when Renaissance Learning raised Blackstone Group has had 62 exits. Blackstone's partners in the acquisition were Silver Lake Partners, Bain Capital, Goldman Sachs Capital Partners, Kohlberg Kravis Roberts, Providence Equity Partners, and TPG Capital. "Blackstone To Rationalize Single Manager Hedge Funds Businesses In Efficiency Move", The Blackstone Group to Acquire Prime Hospitality Corp, "Steve Bollenbach, hospitality executive, 1942-2016", Private-Equity Firm Sees Room for Value in Hotels, "Here's Why Wyndham Worldwide Just Bought La Quinta", Blackstone's Bid for Equity Office Prevails, Blackstone Alliance to Buy Chip Maker for $17.6 Billion, VNU Shareholders Reject $8.9 Bln Offer From KKR Group, VNU Agrees To Public Offer From Private Equity Group, "Blackstone Plans to Acquire Cendant Travel Services Unit", "Private-equity companies snap up United Biscuits in a 1.6bn deal", "Blackstone and PAI complete purchase of UB", "The Blackstone Group Has Completed Its Acquisition of a Controlling Interest in RGIS", "Biomet, Inc. to Be Acquired by Private Equity Consortium for $10.9 Billion or $44 Per Share in Cash", Blackstone to Buy Hilton Hotels for $26 Billion, Private Firms Use Closed-End Funds to Tap the Market, "KKR buys Alliant in 'pass the parcel' deal", Blackstone Founders Prepare to Count Their Billions, News Analysis Behind the Veil at Blackstone?

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