en     ru     jp
 
 
    LOGIN HERE!  
Add privatebanking.com as a search provider to your browser  
 
Advanced Search  
Private Banking & Wealth Management search tool 
     
  Search entity  
 
 
Home
      
North America
      
USA
      
Massachusetts
      
Boston
      
Mergers & Acquisitions
      
Blackstone Group
       
 
Back
 
   
Review Avg.
Reviews: 0
 
Contact Page
Additional information
Write Review
Browse Review

 
Additional information
 
Blackstone Group
 
 
History: 

In less than a quarter century, Blackstone has become a leading global alternative investment manager and financial advisor and an established global financial brand.  Here are a few of the milestones in Blackstone’s history.


2010

Blackstone is the main financial sponsor for Transmission Developers Inc. (TDI).  TDI plans to develop an innovative power transmission line that will bring safe, secure, affordable and renewable power to New York and New England from the U.S. Canadian border.



Dr. Axel Herberg joins Blackstone as a Senior Managing Director to the firm’s private equity business in Germany, Switzerland and Austria.  



GSO/ Blackstone acquired the Collateral Management Agreements for nine CDO and CLO funds from Callidus



2009

Blackstone receives a Single 'A' rating from Standard and Poor's and an ‘A+’ rating from Fitch Ratings.



Blackstone sells senior notes of Blackstone Holdings Finance Co. LLC.



Fundraising for Blackstone Real Estate Partners Europe III (BREP III) closes with € 3.1 billion raised, expanding the firm’s real estate platform in Europe.



Blackstone signs an agreement with the Government of Pudong, China, to establish the firm’s first Renminbi (RMB)-denominated Blackstone Zhonghua Development Investment Fund.



As part of a group of investors, Blackstone acquires BankUnited out of receivership from the Federal Deposit Insurance Corporation, with approximately $8 billion in deposits in over 85 branches in the United States.



2008

GSO Capital Partners is acquired, firmly positioning Blackstone as one of the largest credit-oriented alternative asset managers.



Further strengthening its presence in China, Blackstone opens a representative office in Beijing.



The Blackstone Charitable Foundation is established, funded by the firm’s senior managing directors.



2007

Blackstone completes its IPO, listing on the NYSE.  The total offering is $7.6 billion, including a $3 billion investment by the China Investment Company (CIC).  At the time, it is the largest IPO of a U.S. based issuer since 2002.



An office is established in Tokyo, strengthening Blackstone’s presence in the Asian markets.



2005

The Park Hill Group, a fund placement business, is established.  It has since served as a placement agent for corporate private equity, real estate, venture capital and hedge funds that have raised in excess of $108 billion to date.



Blackstone opens an office Mumbai.



2004

The firm’s expansion continues internationally and domestically, with the opening of offices in Paris, France and Atlanta, Georgia.



Blackstone announces a strategic alliance with Patria-Banco de Negocios to develop corporate financing solutions for the Brazilian market.



2002

The Blackstone Real Estate Partners (BREP) International Fund receives €800 million in commitments, expanding Blackstone’s resources for global real estate investments.



2001

Increasing its proximity to the European hedge fund community, BAAM establishes a presence in Blackstone’s London office.



2000

Blackstone opens its London office, establishing a physical presence after several years of investment activity in the U.K. and Europe.



1999

The Corporate Debt group is formed and commits $1.1 billion to its first mezzanine fund.



1992

Blackstone’s Real Estate group is established; since inception, its 10 real estate funds have raised a total of $29 billion.



1991

The Financial Advisory practice is formed; it has since handled restructuring assignments involving $1 trillion in liabilities.



1990

Blackstone Alternative Asset Management (BAAM) is founded, and evolves into a leading manager of funds of hedge funds, other institutional investment vehicles and publicly-traded closed end mutual funds.



1987

The firm launches Blackstone Capital Partners I, its first private equity fund.  To date, the combined Blackstone private equity funds have raised $44.4 billion.



1985

Blackstone is founded by Stephen A. Schwarzman and Peter G. Peterson.  They began with a balance sheet of $400,000 and a clear vision of an independent, conflict-free, client-focused firm whose interests would be closely aligned with those of its clients and investors.


 
 
Back
 
 

Privatebanking.com
Get the attention you always wanted and promote your corporate image and standing by benefiting from our state of the art interactive web presence.
    Privatebanking.com
   
  Read more  
 
Ascent Limited
Experience The Difference. Ascent Limited provides first class wealth management and family office services. Our private banking team, assembled from a group of highly experienced banking professionals, will provide financial advice tailored to your individual requirements and keep your portfolio in tune with the latest market developments and opportunities.
    Ascent Limited
   
  Read more  
 
 
Home News Library Newsletters Event Calendar Advertise About Contact FAQ
Privacy Policy     Terms of Service
 

©