• Dec 20, 2013

    Completion of Investment in Rothesay Life by Blackstone, GIC and MassMutual

    Rothesay Life today announces that, following regulatory approval, funds managed by Blackstone and GIC, and MassMutual are now shareholders in the company. The newinvestors acquired 64% of the company (Blackstone and GIC each acquired a 28.5% equity stake and MassMutual a 7% equity stake). Goldman Sachs remains the largest shareholder with a 36% stake.
  • Dec 19, 2013

    Blackstone Signs Agreement to Sell Its Stake in Emcure Pharmaceuticals to Bain Capital

    New York/Mumbai, December 19, 2013. Today, Blackstone announced that one of its affiliated private equity entities based in Mauritius had entered into an agreement to sell its equity stake in Pune-based Emcure Pharmaceuticals Limited to Bain Capital. Emcure is engaged in developing, manufacturing and marketing a well-diversified range of pharmaceutical products globally. It is currently ranked as the 14th largest pharmaceutical company (Source: IMS Health India, Secondary Stockist Audit (“SSA”), March 2013) in India in terms of market share based on the domestic sales of pharmaceutical products.
  • Dec 16, 2013

    Mathew Cyriac and Amit Dixit To Co-Head Blackstone India Private Equity Operations

    Mumbai and New York, December 16, 2013: Blackstone (NYSE: BX) today announced that Amit Dixit and Mathew Cyriac will jointly lead Blackstone’s private equity business in India. They will take over this role from Akhil Gupta who will assume the position of non-executive Chairman of Blackstone India. In this role, Akhil will continue to help and guide Blackstone’s activities in India, working closely with the heads of its businesses.
  • Nov 26, 2013

    Blackstone to Present at Goldman Sachs U.S. Financial Services Conference

    New York, November 26, 2013. Blackstone (NYSE:BX) announced today that Steve Schwarzman, Co-Founder, Chairman and Chief Executive Officer of Blackstone, is scheduled to present at the Goldman Sachs U.S. Financial Services Conference in New York on Wednesday, December 11, 2013 at 12:30 pm ET.
  • Nov 21, 2013

    Dave Calhoun Joins Blackstone to Head Private Equity Portfolio Operations

    New York, NY, November 21, 2013. Blackstone (NYSE:BX) today announced that David Calhoun, the CEO of Nielsen Holdings N.V. (NYSE: NLSN), will join Blackstone as a Senior Managing Director and Head of Private Equity Portfolio Operations. Dave will oversee a team of 21 professionals within the portfolio operations group which partners with portfolio company CEOs to drive key value creation initiatives throughout our companies. Dave will work within Blackstone’s Private Equity business reporting to the Global Head of Private Equity, Joseph Baratta, and will also be involved with important strategic initiatives of the firm as a member of Blackstone’s Management and Executive Committees. Dave brings to Blackstone more than thirty years of public company leadership and global operational experience.
  • Nov 20, 2013

    GeoSouthern & Blackstone to Sell Their Eagle Ford Shale Partnership to Devon Energy

    New York, New York, November 20, 2013. Blackstone (NYSE:BX), alongside its affiliates’ corporate partner and operator GeoSouthern Energy Corporation (“GeoSouthern”), today announced the sale of the principal subsidiary of GeoSouthern for a total transaction value of $6.0 billion to Devon Energy Corporation (NYSE: DVN). In connection with the sale to Devon, the stake in the enterprise of a private equity fund managed by Blackstone, Blackstone Capital Partners V, will be valued at approximately $1.54 billion. The sale to Devon is subject to customary terms and conditions for transactions of this type.
  • Nov 19, 2013

    Antony Leung to Become Group CEO of Nan Fung Group

    Hong Kong, November 19, 2013. The Nan Fung Group, the Hong Kong based conglomerate with global interests in property markets and financial investments, today announced that Antony Leung, the Chairman for Greater China for Blackstone, the global alternative asset manager, will become its Group Chief Executive Officer in February 2014. Mr. Leung will also become a Senior Adviser to Blackstone and a member of its International Advisory Board.
  • Nov 15, 2013

    Blackstone Establishes Single-Family Buy-to-Rent Lending Platform

    New York, NY, November 15, 2013. Blackstone today announced that funds managed by Blackstone Tactical Opportunities have established B2R Finance (“B2R”) to provide residential buy-to-rent mortgages for property investors, focused exclusively on the financing needs of single-family home investors. B2R’s products are tailored to serve investors with portfolios of five to five hundred homes nationwide.
  • Nov 11, 2013

    Blackstone Charitable Foundation Announces Grants Program to Foster Veterans Employment

    New York, November 11, 2013. The Blackstone Charitable Foundation today announced that it is releasing a Request for Proposal (RFP) targeting organizations that focus on veterans’ employment and business development. Eligible organizations will be considered to participate in The Blackstone Charitable Foundation’s $250,000 Veterans Grants Program. Grants will range in size from $10,000 to $50,000.
  • Oct 23, 2013

    Groundbreaking Ceremony Held for Schwarzman College

    BEIJING, October 24, 2013 – Blackstone founder Stephen A. Schwarzman announced at a groundbreaking ceremony for Schwarzman College at Tsinghua University in Beijing today that $260 million (¥1.6 billion) has been raised for Schwarzman Scholars, the elite international scholarship program in China, which was announced in April of this year. Schwarzman Scholars was inspired by the Rhodes Scholarship, and designed for the 21st century world that will require future world leaders to have a deeper understanding of China. Schwarzman Scholars will be housed at Tsinghua University in Beijing, one of China’s most prestigious universities, dedicated to academic excellence and integrity, and to the interaction between Chinese and Western cultures.
  • Oct 23, 2013

    Blackstone to Present at Citi Global Financial Conference in Hong Kong

    New York, New York, October 23, 2013. Blackstone (NYSE:BX) announced today that Joan Solotar, Senior Managing Director and Head of the External Relations and Strategy Group at Blackstone, is scheduled to present at the Citi Global Financial Conference in Hong Kong on Tuesday, November 19, 2013 at 12:00 pm HKT.
  • Oct 23, 2013

    Blackstone to Present at Bank of America Merrill Lynch Banking and Financial Services Conference

    New York, New York, October 23, 2013. Blackstone (NYSE:BX) announced today that Tony James, President and Chief Operating Officer of Blackstone, is scheduled to present at the Bank of America Merrill Lynch Banking and Financial Services Conference on Tuesday, November 12, 2013. The estimated start time of the presentation is 12:30 pm ET.
  • Oct 22, 2013

    Eletson Holdings and Blackstone Form Strategic Partnership to Establish a Leading LPG Shipping Company

    Piraeus, Greece, October 22, 2013. Eletson Holdings Inc. (“Eletson”) today announced the formation of a joint venture with funds managed by Blackstone Tactical Opportunities (“Blackstone”) to create Eletson Gas, a $700 million liquefied petroleum gas (“LPG”) shipping company. As part of the agreement, Eletson will contribute its existing fleet of five medium-size gas carriers, and Blackstone will provide equity capital to finance the growth of the company through the construction of new-build vessels as well as through the acquisition of existing vessels. Operating and technical management of the Eletson Gas fleet will be provided by Eletson.
  • Oct 17, 2013

    Blackstone Reports Third Quarter 2013 Results

    To view the full report please click the following link – Blackstone's third quarter 2013 earnings release. Blackstone will host a conference call on October 17, 2013 at 11:00 a.m. ET to discuss third quarter 2013 results. The conference call can be accessed by dialing +1 (877) 391-6747 (U.S. domestic) or +1 (617) 597-9291 (International) pass code 149 943 55#.
  • Oct 03, 2013

    Blackstone Real Estate Funds Complete Acquisition of Multi Corporation

    London, United Kingdom and Gouda, The Netherlands, October 3, 2013. Blackstone (NYSE:BX) announces that its real estate funds have completed the acquisition of Multi Corporation (“Multi”).
  • Sep 30, 2013

    Blackstone Announces Strategic Investment in ThoughtFocus Technologies

    New York, NY, September 30 2013. Blackstone (NYSE: BX) today announced a strategic investment in ThoughtFocus Technologies LLC, a leading IT Service provider. The investment will establish the Blackstone Center of Excellence, an IT outsourcing and offshore delivery center, to provide key technology and other administrative services.
  • Sep 24, 2013

    Blackstone Announces Third Quarter 2013 Media Call

    New York, September 24, 2013. Blackstone (NYSE:BX) announced today that it will host a conference call for the media on Thursday, October 17, 2013 at 9:30 am ET to review third quarter 2013 results.
  • Sep 24, 2013

    Blackstone Announces Third Quarter 2013 Investor Call

    New York, September 24, 2013. Blackstone (NYSE:BX) announced today that it will host its third quarter 2013 investor conference call Thursday, October 17, 2013 at 11:00 am ET. Steve Schwarzman, Chairman and Chief Executive Officer; Tony James, President and Chief Operating Officer; Laurence Tosi, Chief Financial Officer; and Joan Solotar, Senior Managing Director – External Relations and Strategy, will review Blackstone’s third quarter 2013 earnings. The conference call can be accessed by dialing +1 (877) 391-6747 (U.S. domestic) or +1 (617) 597-9291 (International) pass code 149 943 55#.
  • Sep 23, 2013

    Blackstone Hosts Inaugural Veterans Hiring Summit

    New York, September 23, 2013. Today Blackstone (NYSE:BX) hosts its inaugural Veterans Hiring Summit to support the hiring of American veterans across its portfolio companies. In support of the White House’s “Joining Forces” initiative, in April Blackstone committed to hire 50,000 American veterans across its portfolio of 78 companies over the next five years. Today’s summit was designed to help hiring executives within corporations learn how to attract and hire veterans and to help the U.S. military and veterans organizations learn how they can facilitate this recruitment initiative.
  • Sep 16, 2013

    The Blackstone Charitable Foundation Names Pamela Haxby-Cote Regional Director of its Entrepreneurship Program “Blackstone LaunchPad” in Montana

    September 16, 2013 – The Blackstone Charitable Foundation today announced that Pamela Haxby-Cote will serve as Regional Director of Blackstone LaunchPad in Montana. The Blackstone Charitable Foundation’s three-year, $2 million grant, which established the campus entrepreneurship program at the University of Montana and Montana State University in partnership with Headwaters RC&D, was announced in July from the Montana State Capital in Helena.