Blackstone Group has acquired 148 organizations. [49], Blackstone made a significant investment in Financial Guaranty Insurance Company (FGIC), a monoline bond insurer alongside PMI Group, The Cypress Group and CIVC Partners. Language links are at the top of the page across from the title. Blackstone is one of the world's leading investment firms. Financial Advisors, visit our dedicated website to learn how you can partner with Blackstone. Blackstone completes acquisition of Crown Resorts in the firm's largest Rajeev Aggarwal, founder and chief executive, said in November while the company is likely to take a hit from a potential recession, it also expected to win market share. For press inquiries, contact [emailprotected]. Switchboard: +1 (212) 583-5000. The company is a fully integrated, self-managed and self-administered equity real estate investment trust (REIT) with expertise in the design, finance, development, construction management and operational management of student housing properties. The company restructured its debt in 2010. [10], Blackstone was originally formed as a mergers and acquisitions advisory boutique. [citation needed] In 2020 they acquired Ancestry.com. These risks and uncertainties that could cause actual results to differ materially from those expressed or implied in the forward-looking statements include thosediscussed in the Companys and BREITs filings with the Securities and Exchange Commission, including the Companys Annual Report on Form 10-K for the year ended December 31, 2021 under the heading Risk Factors and under the heading Business Forward-looking Statements and subsequent quarterly reports on Form 10-Q, as well as BREITs Form 10-K for the year ended December 31, 2021 in the section entitled Risk Factors, BREITs prospectus and in the other periodic reports BREIT files with the SEC. Home - Blackstone Blackstone Securities Partners L.P. ("BSP") is a broker-dealer whose purpose is to distribute Blackstone managed or affiliated products. (212) 583-5000 [172] GSO was founded in 2005 by Bennett Goodman, Tripp Smith, and Doug Ostrover. Including its owned and third-party managed properties, ACCs total managed portfolio consisted of 204 properties with approximately 143,100 beds. Legence acquired by Blackstone Group . Blackstone Funds Complete $13 Billion Acquisition of American Campus ", Teachers Insurance and Annuity Association, 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. Apr 19, 2022 . Join Mergr to view The Blackstone Groups full profile and discover more Blackstone expands further into rental housing in the United States. [55] Extended Stay Hotels was sold to The Lightstone Group in July 2007 and Prime Hospitality's Wellesley Inns were folded into La Quinta. Blackstone Group on November 15, 2019, invested $167 million in the holding company of Future Lifestyle Fashions Ltd., Ryka Commercial Ventures Pvt. [167] The buildings sold in San Francisco and Silicon Valley included 26 office buildings and two development parcels. In December 2020, Blackstone invested nearly $400 million in Liftoff, a mobile advertising company. American Campus Communities, Inc. is the largest owner, manager and developer of high-quality student housing communities in the United States. We built Mergr to save people the arduous and time-consuming process of tracking when companies are bought, sold, and who currently owns them. For office-specific contact information, please visit our our offices page. Press Releases Archives - Blackstone Blackstone is the world's largest alternative asset manager, with $991B in AUM. Blackstone to Acquire International Data Group, a Leading Market Intelligence and Data Platform for the Technology Industry. By submitting this request, you consent to receive email from Blackstone. [83][84], In August 2010, Blackstone announced it would buy Dynegy, an energy firm, for nearly $5 billion; however, the acquisition was terminated in November 2010. 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.