THE BLACKSTONE GROUP LP COMMON UNITS REPRESENTING LIMITED PARTNERSHIP INTERESTS
Sector: Asset Management
Latest Quote @ Wed May 5 16:21:21 (15 min delayed)
Last Day's Data
The Blackstone Group L.P., through its subsidiaries, provides alternative asset management and financial advisory services worldwide. It operates in four segments: Corporate Private Equity, Real Estate, Marketable Alternative Asset Management, and Financial Advisory. The Corporate Private Equity segment engages in private equity investing through five general private equity funds and one specialized fund focusing on media and communications-related investments. Its corporate private equity funds pursue various transactions, including leveraged buyout acquisitions of seasoned companies, transactions involving start-up businesses in established industries, turnarounds, minority investments, corporate partnerships, and industry consolidations. The Real Estate segment manages six general real estate opportunity funds and two internationally focused real estate opportunity funds. Its real estate opportunity funds invest in lodging, urban office buildings, residential properties, distribution, and warehousing centers, as well as various real estate operating companies. The Marketable Alternative Asset Management segment engages in the management of funds of hedge funds, mezzanine funds and senior debt vehicles, proprietary hedge funds, and publicly-traded closed-end mutual funds. The Financial Advisory segment provides mergers and acquisitions advisory services, restructuring and reorganization advisory services, and fund placement services for alternative investment funds. Blackstone Group Management L.L.C. operates as the general partner of the company. The Blackstone Group L.P. was founded in 1985 and is headquartered in New York, New York with additional offices in Atlanta, Boston, Chicago, Dallas, Los Angeles, San Francisco, London, Paris, Mumbai, and Hong Kong.