"The Blackstone Team Inc. is a multinational exclusive equity alternate financial investment monitoring and also financial services company based in Midtown Manhattan, New York City. As the largest different investment company in the world, [4] Blackstone focuses on exclusive equity, credit scores, and also hedge fund investment approaches.

Blackstone's exclusive equity company has been one of the largest investors in leveraged buyouts in the last decade, while its real estate organisation has actively acquired industrial real estate. Considering that its inception, Blackstone has actually invested in such significant companies as Hilton Worldwide, Merlin Entertainments Team, Efficiency Food Team, EQ Office, Republic Services, AlliedBarton, United Biscuits, Freescale Semiconductor, Vivint, and also Travelport.

Blackstone was founded in 1985 as a mergers and procurements firm by Peter G. Peterson and Stephen A. Schwarzman, who had actually formerly worked together at Lehman Brothers. In 2007, Blackstone became a public company with a $4 billion IPO, turning into one of the first major personal equity companies to checklist shares in its management business on the public securities market. Blackstone is headquartered at 345 Park Method in Manhattan, with eight additional workplaces in the United States, in addition to offices in Dublin, Düsseldorf, London, Luxembourg, Paris, Sydney, Tokyo, Hong Kong, Singapore, Beijing, Shanghai, Mumbai, and also Dubai.

As of 2019, the company's total possessions under management were approximately US$ 545 billion dollars. In April 2019, Blackstone revealed it was transforming to a company from an openly traded partnership."