"The Blackstone Team Inc. is a multinational exclusive equity alternate financial investment administration and also economic services firm based in Midtown Manhattan, New York City City. As the largest different investment firm in the world, [4] Blackstone specializes in personal equity, credit history, as well as hedge fund financial investment strategies.

Blackstone's personal equity service has been one of the largest investors in leveraged buyouts in the last decade, while its property business has actually proactively gotten business realty. Since its inception, Blackstone has invested in such significant companies as Hilton Worldwide, Merlin Entertainments Team, Performance Food Team, EQ Office, Republic Services, AlliedBarton, United Biscuits, Freescale Semiconductor, Vivint, and also Travelport.

Blackstone was founded in 1985 as a mergings and also purchases company by Peter G. Peterson and also Stephen A. Schwarzman, who had formerly collaborated at Lehman Brothers. In 2007, Blackstone came to be a public company with a $4 billion IPO, becoming one of the very first significant private equity firms to checklist shares in its management firm on the general public stock market. Blackstone is headquartered at 345 Park Method in Manhattan, with 8 additional offices in the United States, as well as workplaces in Dublin, Düsseldorf, London, Luxembourg, Paris, Sydney, Tokyo, Hong Kong, Singapore, Beijing, Shanghai, Mumbai, and Dubai.

As of 2019, the company's complete properties under monitoring were around US$ 545 billion dollars. In April 2019, Blackstone divulged it was converting to a company from an openly traded partnership."