Press Releases

Blackstone to Acquire HealthEdge, a Leading Healthcare Technology Solutions Provider
March 09, 2020
Blackstone (NYSE:BX) today announced that funds managed by Blackstone (“Blackstone”) will acquire a majority stake in HealthEdge, a leading technology business that delivers next generation Core Administrative Processing Systems (CAPS) solutions to healthcare businesses.
Blackstone acquires battery energy storage pioneer, NRStor C&I
March 04, 2020
Blackstone (NYSE:BX) announced today that funds managed by Blackstone Energy Partners have completed the acquisition of NRStor C&I L.P. ("NRStor”). NRStor is a Toronto-based developer of battery storage solutions, targeting scale storage deployment opportunities in North America. Terms of the transaction were not disclosed.
Joe Baratta to Join Blackstone’s Board of Directors
February 26, 2020
Blackstone (NYSE:BX) today announced that Joe Baratta, the firm’s Global Head of Private Equity, will join its board of directors.
NIBC and Blackstone agree on recommended all-cash public offer for all NIBC shares
February 25, 2020
NIBC and the Offeror, an entity owned by the Blackstone Funds, have reached a conditional agreement on a recommended all-cash public offer for all issued and outstanding shares in the capital of NIBC at an offer price of EUR 9.85 (cum dividend) per Share in cash (the “Offer Price”).
Blackstone Infrastructure Partners Hires Jonathan Kelly as Head of European Infrastructure
February 24, 2020
Blackstone Infrastructure Partners (BIP) today announced that Jonathan “Jon“ Kelly, formerly Managing Partner and Head of Europe for Brookfield Infrastructure, will join Blackstone as a Senior Managing Director and Head of European Infrastructure.
Blackstone to Present at the Credit Suisse 21st Annual Financial Services Forum
February 20, 2020
Blackstone (NYSE:BX) announced today that Michael Chae, Chief Financial Officer, is scheduled to present at the Credit Suisse 21st Annual Financial Services Forum on Thursday, February 27, 2020 at 10:00 am ET.
MGM Resorts, MGM Growth Properties and Blackstone Real Estate Income Trust Announce Completion of MGP/BREIT Joint Venture's Acquisition of the MGM Grand Las Vegas and Mandalay Bay Real Estate for $4.6 Billion
February 14, 2020
MGM Resorts International ("MGM Resorts") (NYSE: MGM), MGM Growth Properties LLC ("MGP") (NYSE: MGP) and Blackstone Real Estate Income Trust ("BREIT") today announced the closing of the previously announced transaction for a joint venture formed between MGP and BREIT to acquire the Las Vegas real estate assets of the MGM Grand and Mandalay Bay for $4.6 billion. In addition, BREIT has purchased approximately 4.9 million MGP Class A shares at a price of $30.67 per share.
Blackstone Hires Ann Chung as Managing Director to Lead Growth Equity Business’ Consumer Sector Investments
February 14, 2020
Blackstone (NYSE:BX) announced that Ann Chung has joined the firm as a Managing Director in its Growth Equity investing platform, Blackstone Growth (“BXG”), where she will help to lead the group’s consumer sector vertical.
Blackstone Pledges $1 Million to Support Novel Coronavirus Relief Efforts
February 12, 2020
The donation will support Chinese not-for-profit organization One Foundation in its efforts to bring relief and vital medical supplies to more than 30 communities in China
Blackstone Announces $1.4 Billion Final Close of Phoenix Tower International Capital Raise
February 03, 2020
Blackstone (NYSE: BX) today announced that funds managed by Blackstone Tactical Opportunities (“Tac Opps”) have completed the successful recapitalization of Phoenix Tower International (“PTI”), a leading provider of wireless communications infrastructure.
Blackstone Hires John Stecher as Chief Technology Officer
February 03, 2020
Blackstone today announced that John Stecher, formerly Group Chief Technology Officer and Group Chief Innovation Officer at Barclays, will join the firm as Chief Technology Officer. John will lead Blackstone’s global technology organization and help advise the firm’s investing teams and portfolio companies on technology-related matters.
Blackstone Reports Fourth Quarter and Full Year 2019 Results
January 30, 2020
To view the full report please click the following link – Blackstone’s fourth quarter and full year 2019 results. Blackstone will host its fourth quarter and full year 2019 investor conference call on January 30, 2020 at 9:00 a.m. ET.
MGM Growth Properties and Blackstone Real Estate Income Trust to Form Joint Venture to Acquire the Las Vegas Real Estate of the MGM Grand and Mandalay Bay for $4.6 Billion and Simultaneously Execute Long-Term Lease with MGM Resorts
January 14, 2020
LAS VEGAS & NEW YORK, January 14, 2020 -- MGM Growth Properties LLC (“MGP”) (NYSE: MGP) and Blackstone Real Estate Income Trust, Inc. (“BREIT”) today announced that MGP and BREIT have entered into a definitive agreement to form a new joint venture to acquire the Las Vegas real estate assets of the MGM Grand and Mandalay Bay for $4.6 billion. In addition, BREIT will purchase $150 million in MGP Class A shares. MGP will own 50.1% of the joint venture, and BREIT will own 49.9%.
Blackstone Hires Former Global Atlantic Co-President and CIO Gilles Dellaert to Lead Blackstone Insurance Solutions
January 14, 2020
New York, January 14, 2020—Blackstone (NYSE:BX) today announced that Gilles Dellaert, former Co-President and Chief Investment Officer of Global Atlantic, a leading retirement and life insurance company, will join the firm as the Global Head of Blackstone Insurance Solutions (BIS).
Blackstone Announces Fourth Quarter and Full Year 2019 Investor Call
January 10, 2020
Blackstone (NYSE:BX) announced today that it will host its fourth quarter and full year 2019 investor conference call on January 30, 2020 at 9:00 a.m. EST.
Byron Wien and Joe Zidle Announce Ten Surprises for 2020
January 06, 2020
New York, January 6, 2020 – Byron R. Wien, Vice Chairman together with Joe Zidle, Chief Investment Strategist in the Private Wealth Solutions group at Blackstone, today issued their list of Ten Surprises for 2020.
HH Global Announces Agreement by Blackstone to make a £100m Strategic Minority Equity Investment
December 03, 2019
London, United Kingdom, December 3, 2019 – HH Global (the “Company”), a leading global outsourced marketing execution provider, has reached an agreement with funds managed or advised by Blackstone Tactical Opportunities in relation to a £100m strategic minority equity investment in HH Global. Subject to receipt of relevant antitrust approvals, Blackstone’s investment is expected to complete in the first quarter of 2020.
Blackstone to Present at the Goldman Sachs Financial Services Conference
November 25, 2019
New York, November 25, 2019 – Blackstone (NYSE:BX) announced today that Stephen Schwarzman, Chairman, CEO and Co-Founder, is scheduled to present at the Goldman Sachs Financial Services Conference on Tuesday, December 10, 2019 at 12:50PM ET.
Ferring and Blackstone Life Sciences Invest Over $570 Million USD in Novel Gene Therapy for Bladder Cancer Patients
November 25, 2019
Ferring Pharmaceuticals and Blackstone Life Sciences today announced the joint investment of over $570 million USD in nadofaragene firadenovec (rAd-IFN/Syn3), an investigational novel gene therapy in late stage development for patients with high-grade, Bacillus Calmette-Guérin (BCG) unresponsive, non-muscle invasive bladder cancer (NMIBC).
Blackstone Real Estate Income Trust Completes Acquisition of Bellagio Real Estate from MGM Resorts International for $4.25 Billion in Sale-Leaseback Transaction
November 18, 2019
New York and Las Vegas – Blackstone Real Estate Income Trust (“BREIT”) and MGM Resorts International (“MGM Resorts”) (NYSE: MGM) today announced the closing of the previously announced 95%/5% BREIT-led joint venture with MGM Resorts to acquire the real estate assets of the Bellagio for $4.25 billion in a sale-leaseback transaction.