Blackstone Group Inc (N:BX)

Sector:  Financials Industry:  Investment Management & Fund Operators
See Regulatory Filings on SEC
Company Contact
Address: 345 Park Ave
NEW YORK NY 10154-0004
Tel: N/A
IR: See website
Key People
Stephen A. Schwarzman
Chairman of the Board, Chief Executive Officer, Founder
Jonathan D. Gray
President, Chief Operating Officer, Director of the General Partner
Hamilton E. James
Executive Vice Chairman of the Board
Michael S. Chae
Chief Financial Officer of the General Partner
John Stecher
Chief Technology Officer
Christopher Striano
Principal Accounting Officer of the General Partner
Ann Chung
Managing Director
Gilles Dellaert
Global Head of Blackstone Insurance Solutions
John G. Finley
Chief Legal Officer of the General Partner
Business Overview
Blackstone Group Inc., formerly The Blackstone Group L.P., is an alternative asset manager. The Company's alternative asset management businesses include investment vehicles focused on private equity, non-investment grade credit, secondary private equity funds of funds and multi-asset class strategies. It operates through four segments: Private Equity, Real Estate, Hedge Fund Solutions and Credit. The Private Equity segment includes its corporate private equity business, which consists of its corporate private equity funds, Blackstone Capital Partners funds, its sector-focused corporate private equity funds, including its energy-focused funds, Blackstone Energy Partners funds and its core private equity fund. The Blackstone Real Estate Partners funds target a range of opportunistic real estate and real estate related investments. The Hedge Fund Solutions segment consists of Blackstone Alternative Asset Management. The Credit segment consists principally of GSO Capital Partners LP.
Financial Overview
For the fiscal year ended 31 December 2019, Blackstone Group Inc revenues increased 7% to $7.34B. Net income increased 33% to $2.05B. Revenues reflect Consolidation Adjustments segment increase of 21% to $1.97B, Hedge Fund solution segment increase of 22% to $708.4M. Net income benefited from Change in Tax Receivable Agreement Liabi increase from $0K to $161.6M (income).
Employees: 2,905 as of Dec 31, 2019
Reporting Currency: U.S. Dollars
Enterprise value: $56,481M as of Dec 31, 2019
Annual revenue (TTM): $7,338M as of Dec 31, 2019
EBITDA (TTM): $3,853M as of Dec 31, 2019
Net annual income (TTM): $2,050M as of Dec 31, 2019
Free cash flow (TTM): -$493.92M as of Dec 31, 2019
Net Debt Last Fiscal Year: $8,711M as of Dec 31, 2019
Shares outstanding: 673,609,987 as of Feb 21, 2020
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization