Blackstone | Latest News & Updates - Jan 18, 2025 Release
Rick Campbell has joined Blackstone as a Senior Managing Director in the New York City Metropolitan Area, previously holding a position at another company...
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Blackstone
๐ blackstone.comBlackstone is the worldโs largest alternative asset manager, headquartered in New York, NY. The company manages over $1 trillion in assets and focuses on delivering compelling returns for both institutional and individual investors through various global investment strategies, including real estate, private equity, infrastructure, and credit. Blackstone is known for its significant role in private market solutions and its ability to strengthen the companies in which it invests.
Blackstone - Latest News and Updates
- Rick Campbell has joined Blackstone as a Senior Managing Director in the New York City Metropolitan Area, previously holding a position at another company.
- Blackstone and iQ acquired Blackfriars Crown Court in London, driven by strong student demand in the PBSA sector.
- As of January 17, 2025, Blackstone has a market capitalization of $138.2 billion, a stock increase of 4.4% in 2025, and a price-earnings ratio of 62.1.
- Blackstone participated in a $5 billion financing deal for Databricks alongside Apollo and Blue Owl on January 13, 2025.
- Blackstone, after acquiring AirTrunk, is now the largest data center provider globally, according to Global Head of Infrastructure Sean Klimczak and Global Co-Head of Real Estate Nadeem Meghji.
- Blackstone Energy Transition Partners, an affiliate of Blackstone Inc., made an equity investment in Western LNG, with legal representation from Latham & Watkins.
- Blackstone has acquired a majority stake in Citrin Cooperman from New Mountain Capital, valuing the firm at approximately $2 billion.
- Blackstone raised over $1 billion in its latest infrastructure fund, BXINFRA, which focuses on infrastructure secondaries, equity, and credit strategies.
- Blackstone has promoted Joe Baratta to oversee global private equity strategies and Martin Brand to manage its flagship global fund, as part of President Jon Gray's efforts to handle the firm's expansion.
- James Dibble has joined Blackstone as Managing Director in the United Kingdom, previously holding a position at another company.
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