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Blackstone

🌎 blackstone.com

Blackstone is the world’s 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.

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Blackstone - Latest News and Updates

• Blackstone Innovations Investments' portfolio company Adaptive Shield has been acquired by CrowdStrike.
• Blackstone completes acquisition of 80% stake in a €1.1 billion logistics portfolio.
• Blackstone is investing $300 million in hedge fund Brigade Capital to support a new private credit strategy and expand its mortgage debt platform.
• Blackstone Secured Lending Fund reported its highest net investment income and record net asset value per share for Q3 2024.
• Blackstone was the sole buyer of the Pennsylvania Public School Employees’ Retirement System's secondaries sale, which included stakes in funds managed by New Mountain Capital, Apollo Global Management, and Platinum Equity.

• Blackstone's shares rose over 6% after reporting Q3 earnings on October 17, with distributable earnings up 7% year over year to $1.3 billion and total assets under management reaching $1.1 trillion.
• Blackstone plans to expand its private wealth business to target retail investors.
• Gilles Dellaert, Global Head of Credit & Insurance at Blackstone, stated that the company is unlocking a $30 trillion opportunity in private credit for individual investors in Asia.
• Blackstone Life Sciences, led by Global Head Nicholas Galakatos, partnered with Autolus Therapeutics to advance a new cancer treatment that received FDA approval.
• On November 7, 2024, Marjorie Taylor Greene invested between $1,001 and $15,000 in Blackstone Group Inc (NYSE:BX) shares, which recently reached a yearly high stock price of $183.87.

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