The Blackstone Group Inc

Description

Blackstone Group Inc (NYSE:BX) is a global firm engaged in alternative asset investing and corporate equity business.

The company operated as a publicly traded partnership since its IPO in 2007. However, in 2019, the company became a Delaware corporation.

The American company claims to provide investors with long term value by investing in diversified asset portfolio.

Blackstone Group Inc focuses on hedge funds, real estate, private equity, senior debt, leverage lending, and rescue financing.

The financial company has business operations across the globe. In addition, it also operates in the asset management sector.
 
The investee companies belong to various sectors such as real estate, life science, private equity, strategic partners, impact investing, infrastructure, capital markets, etc.

The asset management business includes focus on different investment vehicles such as public debt, private equity, growth equity, real estate, real assets, non-investment grade credit and secondary funds.

The investment management firm also claims to focus on ESG principles and aims to reduce carbon emissions by engaging in renewable resources, including green offices and solar-based power facilities.

The company’s few partnered organization are GRESB, American Investment Council, EDA, Invest Europe, etc.

The New-York business claims to provide skill development, efficient management and leadership sessions for the staff. In addition, it reportedly lays significant emphasis on diversity and inclusion.

The company was reportedly among the Best Place to Work, released by Forbes in 2020.

Blackstone Group Inc also has investment interest in many companies, including Michaels, Mphasis, The Weather Channel, Great Wolf Resorts, LivCor, CS Strategic Partners, Team Health, Essel Propack, SESAC, Dream Global REIT, etc.

Through Blackstone Real Estate, the company focuses on the Core+ strategy and invests in real estate properties across the globe.

BPP funds focuses on life science entities, residence, offices, retail assets, and logistics.

Blackstone Real Estate Income Trust focuses on top 50 markets in the U.S. and owns over 52 high-quality apartments in Manhattan, spread in 80 acres of area. The non-listed REIT reportedly is one of the largest multifamily rental community and has received a LEED Platinum Certificate.