Blackstone Inc.

New York City-based Blackstone, Inc. is a firm that manages alternative investments. One of the biggest investors in leveraged buyouts over the past three decades has been Blackstone's private equity division, while its real estate division has actively acquired commercial real estate. In addition,

Blackstone engages in business in the areas of growth equity, secondary markets, infrastructure, hedge funds, and insurance. Approximately US$951 billion worth of the company's assets were being managed as of Q3 2022, making it the biggest alternative investment firm worldwide.

According to a ranking by Private Equity International, Blackstone was the largest private equity firm in the world as of 2019. The company makes investments through mergers of industries, minority interests, corporate alliances, and sporadic start-up investments. The company's primary concentration is on amiable investments in high-capitalization businesses.

Blackstone has generally gotten its funding from private equity funds, committed capital pools from pension funds, insurance companies, endowments, funds of funds, high-net-worth individuals, sovereign wealth funds, and other institutional investors. Blackstone spent almost $20 billion in 109 private equity deals between 1987 and the time of its IPO in 2007.

Founders: Peter G. Peterson, Stephen A. Schwarzman
Headquarters: 345 Park Avenue, New York City, U.S.
Website: https://blackstone.com/