Blackstone Inc (N:BX)

Business Focus: Investment Management

Apr 16, 2024 09:13 am ET

BRODSKY & SMITH SHAREHOLDER UPDATE: Notifying Investors of the Following Investigations: Macatawa Bank Corporation (Nasdaq - MCBC), Shockwave Medical, Inc. (Nasdaq – SWAV), Apartment Income REIT Corp.

Brodsky & Smith reminds investors of the following investigations. If you own shares and wish to discuss the investigation, contact Jason Brodsky ([email protected]) or Marc Ackerman ([email protected]) at 855-576-4847. There is no...

Apr 15, 2024 08:03 am ET

BRODSKY & SMITH SHAREHOLDER UPDATE: Notifying Investors of the Following Investigations: Shockwave Medical, Inc. (Nasdaq – SWAV), Apartment Income REIT Corp. (NYSE - AIRC), Model N, Inc. (NYSE – MODN)

Apr 08, 2024 08:32 am ET

Blackstone Real Estate to Take AIR Communities Private for Approximately $10 Billion

Blackstone (NYSE: BX) and Apartment Income REIT Corp. (NYSE: AIRC) (“AIR Communities” or the “Company”) today announced that they have entered into a definitive agreement under which Blackstone Real Estate Partners X (“Blackstone”) will acquire all outstanding common shares of AIR Communities for $39.12 per share in an all-cash transaction valued at approximately $10 billion, including the assumption of debt.

Mar 28, 2024 04:05 pm ET

Rexford Industrial Acquires Blackstone Industrial Assets in Combined $1 Billion Investment

LOS ANGELES and NEW YORK, March 28, 2024 /PRNewswire/ -- Rexford Industrial Realty, Inc. ("Rexford Industrial") (NYSE: REXR), a real estate investment trust focused on creating value by investing in and operating industrial properties located throughout infill Southern California, and Blackstone (NYSE: BX), today announced Rexford Industrial acquired approximately 3 million square feet of industrial properties pursuant to separate transactions with Blackstone Real Estate, including the Blackstone Property Partners strategy as well as Blackstone Real Estate Partners and Blackstone Real Estate

Mar 27, 2024 06:34 am ET

Blackstone Life Sciences Announces Collaboration to Support Moderna’s Influenza Program

Blackstone (NYSE:BX) announced today a new collaboration with Moderna, Inc. (NASDAQ: MRNA, “Moderna”) through a development and commercialization funding agreement where funds managed by Blackstone Life Sciences (“Blackstone”) will provide up to $750 million to fund Moderna’s influenza (“flu”) program.

Mar 12, 2024 08:00 am ET

Aligned Data Centers and Blackstone Credit & Insurance Announce Financing Relationship

Blackstone Credit & Insurance (“BXCI”) and Aligned Data Centers, a leading technology infrastructure company offering innovative, sustainable, and adaptive Scale Data Centers and Build-to-Scale solutions for global hyperscale and enterprise customers, today announced a new strategic partnership. Blackstone has provided an initial $600 million senio

Feb 21, 2024 11:30 am ET

Blackstone Charitable Foundation Commitment in Texas Reaches $10 Million for Entrepreneurial Skills and Career Exposure

Blackstone today announced that the Blackstone Charitable Foundation has reached $10 million in funding in Texas through its signature program, LaunchPad. The program seeks to close the opportunity gap by equipping students with entrepreneurial skills and internship opportunities to help them build lasting careers.

Feb 14, 2024 08:00 am ET

Blackstone Announces Growth Investment in 7 Brew

Blackstone (NYSE:BX) today announced that Blackstone Growth and affiliated funds (collectively “Blackstone”) have made a growth equity investment in 7 Brew Coffee, the next generation drive-thru beverage business. Blackstone’s investment seeks to help enable 7 Brew to accelerate its already-rapid expansion across the U.S., in collaboration with its premier franchise partners.

Feb 12, 2024 08:00 am ET

Global AI Arms Race Accelerates with Cutting-Edge Tech and Strategic Investments

FN Media Group Presents USA News Group News Commentary

Feb 07, 2024 08:30 am ET

Blackstone to Present at the Bank of America Securities Financial Services Conference 2024

Blackstone (NYSE:BX) announced today that Michael Chae, Chief Financial Officer, is scheduled to present at the Bank of America Securities 2024 Financial Services Conference on Wednesday, February 21, 2024 at 2:30pm ET.

Jan 29, 2024 08:30 am ET

Blackstone Announces Thomas R. Nides as Vice Chairman, Strategy and Client Relations

Blackstone (NYSE: BX) announced today that Thomas R. Nides, former long-time Vice Chairman of Morgan Stanley, Deputy Secretary of State, and Ambassador to Israel has joined the firm as Vice Chairman, Strategy and Client Relations. In this new role, Mr. Nides will support a variety of strategic firmwide initiatives and special projects, as well as focus on senior client relationships globally.

Jan 22, 2024 08:00 am ET

Blackstone Announces Minority Growth Investment in Salas O’Brien

Blackstone (NYSE: BX) and Salas O’Brien (the “Company”), a leading employee-owned engineering and technical services firm, announced today a partnership where funds managed by Blackstone have made a strategic minority growth investment to help accelerate the Company’s continued expansion within the fast-growing architectural, engineering, and construction (AEC) market. Salas O’Brien will continue to be majority owned by its team members.

Jan 19, 2024 08:46 am ET

Blackstone Real Estate to Take Tricon Residential Private

Blackstone (NYSE: BX) and Tricon Residential Inc. (NYSE: TCN, TSX: TCN) (“Tricon” or the “Company”) today announced that they have entered into an arrangement agreement (the “Arrangement Agreement”) under which Blackstone Real Estate Partners X together with Blackstone Real Estate Income Trust, Inc. (“BREIT”) will acquire all outstanding common shares of Tricon (“Common Shares”) for $11.25 (approximately C$15.17) per Common Share in cash (the “Transaction”). The Transaction price represents a premium of 30% to Tricon’s closing share price on the NYSE on January 18, 2024, the last trading day p

Jan 11, 2024 08:37 am ET

Blackstone Announces New Co-Chief Investment Officers and Co-Head of Real Estate

Blackstone (NYSE: BX) announced today that Ken Caplan, current Global Co-Head of Real Estate, and Lionel Assant, European Head of Private Equity, have been elevated to newly created roles as Global Co-Chief Investment Officers (CIOs) of Blackstone. They will enhance the coordination and oversight of the Firm’s already rigorous investment process. Nadeem Meghji, Head of Real Estate Americas, will succeed Mr. Caplan as Global Co-Head of Real Estate alongside current Global Co-Head, Kathleen McCarthy.

Dec 14, 2023 04:33 pm ET

Blackstone Real Estate Debt Strategies, Blackstone Real Estate Income Trust, CPP Investments and Rialto Capital Acquire a 20% Equity Stake in a Venture Holding Approximately $17 Billion Commercial Rea

Blackstone Real Estate Debt Strategies (“BREDS”), Blackstone Real Estate Income Trust, Inc. (“BREIT”), Canada Pension Plan Investment Board (“CPP Investments”) through its subsidiary CPPIB Credit Investments III Inc., and funds affiliated with Rialto Capital (“Rialto”) today announced that they have entered into a newly formed joint venture with the Federal Deposit Insurance Corporation (“FDIC”) and acquired a 20% equity stake for $1.2 billion in the venture which holds a $16.8 billion senior mortgage loan portfolio retained in receivership following the failure of Signature Bank. The FDIC is

Dec 07, 2023 03:35 pm ET

Digital Realty and Blackstone Announce $7 Billion Hyperscale Data Center Development Joint Venture

JV will deliver approximately 500 megawatts of IT capacity across three Tier 1 metros in Europe and North America

Dec 05, 2023 08:30 am ET

Blackstone Acquires Power Grid Components, Inc., a Leading Supplier of Critical Components for the Electrical Grid

Today, Blackstone (NYSE: BX) announced that private equity funds affiliated with Blackstone have closed the acquisition of Power Grid Components, Inc. (“PGC”) from Shorehill Capital LLC.

Nov 30, 2023 08:30 am ET

Blackstone Strategic Partners Closes Eighth Real Estate Secondaries Fund at $2.6 Billion

Blackstone (NYSE:BX) announced the final close on $2.6 billion for its latest real estate secondaries fund, Strategic Partners Real Estate VIII L.P., and its related committed program vehicles.

Nov 20, 2023 08:30 am ET

Blackstone to Present at the Goldman Sachs 2023 US Financial Services Conference

Blackstone (NYSE:BX) announced today that Jon Gray, President and Chief Operating Officer, is scheduled to present at the Goldman Sachs 2023 US Financial Services Conference on Wednesday, December 6, 2023 at 12:20pm ET.

Oct 31, 2023 09:01 am ET

The Riverside Company Signs Definitive Agreement to Sell Leading Energy Analytics Software Provider Energy Exemplar to Blackstone & Vista Equity Partners

The Riverside Company (Riverside), a global private investment firm focused on the smaller end of the middle market, has signed a definitive agreement to sell Energy Exemplar (EE), a leading simulation software provider for the global power market,...

Sep 20, 2023 02:07 pm ET

CONTINUED INVESTIGATION ALERT REMINDER: Scott+Scott Attorneys at Law LLP Investigates Blackstone Inc.’s Directors and Officers for Breach of Fiduciary Duties – BX

Scott+Scott Attorneys at Law LLP (“Scott+Scott”), an international securities and consumer rights litigation firm, continues to investigate whether certain directors and officers of Blackstone Inc. (“Blackstone” or “Company”) (NYSE: BX) breached...

Sep 13, 2023 07:45 am ET

Blackstone Integrates Leading Credit and Insurance Businesses to Form Blackstone Credit and Insurance (BXCI) in Push Toward Next $1 Trillion

Blackstone (NYSE: BX) announced today the integration of its market-leading corporate credit, asset-based finance, and insurance groups into a single new unit, Blackstone Credit & Insurance (BXCI). Credit and Insurance is Blackstone’s fastest-growing segment – more than doubling to $295 billion in assets under management over the last three years. Today, Blackstone’s market-leading businesses include: the largest BDC (BCRED), largest private credit energy transition fund (BGREEN), largest manager of CLOs and senior loans in the world, and the second-largest alternative manager of insurance ass

Aug 29, 2023 09:00 am ET

Vornado Realty Trust, Hudson Pacific, Blackstone, and New York City Economic Development Corporation to Create Public-Private Partnership and First Purpose-Built Studio Campus in Manhattan at Pier 94

Today, Vornado Realty Trust (NYSE: VNO), Hudson Pacific Properties (NYSE: HPP), Blackstone (NYSE: BX), the City of New York, and New York City Economic Development Corporation (NYCEDC) announced they have entered into Manhattan’s first public-private partnership venture to build a purpose-built studio campus at Pier 94. Vornado, who contributed its long-term leasehold for Pier 94 to the venture, will own 49.9%; Hudson Pacific will own 25.6%; and Blackstone’s institutional Core+ Real Estate strategy will own 24.5%. Vornado will be responsible for development and Hudson Pacific will provide desi

Aug 28, 2023 06:22 pm ET

CONTINUED INVESTIGATION ALERT REMINDER: Scott+Scott Attorneys at Law LLP Investigates Blackstone Inc.’s Directors and Officers for Breach of Fiduciary Duties – BX

Aug 21, 2023 10:15 am ET

Blackstone Announces Record Final Close for Fourth Flagship Tactical Opportunities Fund

Blackstone (NYSE: BX) today announced that its Tactical Opportunities business closed its fourth flagship commingled fund, Blackstone Tactical Opportunities Fund IV (“BTO IV”), raising a record $5.2 billion of capital commitments. Including other single-investor vehicles pursuing the same strategy, the combined BTO IV platform is currently expected to have nearly $10 billion of new capital in its fourth fundraising vintage. This would be substantially higher than the BTO III platform ($4.2 billion for the flagship comingled fund, $8.7 billion inclusive of single-investor vehicles) and the larg

Aug 10, 2023 08:00 am ET

Blackstone Closes Record Energy Transition Private Credit Fund at Over $7 Billion

Blackstone (NYSE: BX) today announced the final close of its energy transition credit fund, Blackstone Green Private Credit Fund III (BGREEN III). BGREEN III closed at its hard cap of $7.1 billion, representing the largest energy transition private credit fund ever raised.

Aug 03, 2023 07:30 am ET

Blackstone Private Credit Fund Increases Monthly Distribution

Blackstone Private Credit Fund (“BCRED”) today announced the increase of its regular monthly distribution from $0.2100 per share to $0.2200 per share, which represents a 10.6% annualized distribution yield (for Class I Common Shares1) based on the June 30, 2023 net asset value (“NAV”) per share of $24.86. BCRED’s Board of Trustees (the “Board”) approved the increase in distribution, which will become effective for the August 2023 monthly distribution with the record date of August 31, 2023 and will be paid on or about September 27, 2023.

Jun 26, 2023 08:00 am ET

Prologis to Acquire 14MSF Blackstone Industrial Portfolio in $3.1 Billion Deal

SAN FRANCISCO and NEW YORK, June 26, 2023 /PRNewswire/ -- Prologis, Inc. (NYSE: PLD) and Blackstone (NYSE: BX) today announced a definitive agreement for Prologis to acquire nearly 14 million square feet of industrial properties from opportunistic real estate funds affiliated with Blackstone for $3.1 billion, funded by cash. The acquisition price represents an approximately 4% cap rate in the first year and a 5.75% cap rate when adjusting to today's market rents.

Jun 26, 2023 08:00 am ET

Sutro Biopharma and Blackstone Announce Royalty Financing Collaboration

Sutro Biopharma, Inc. (NASDAQ: STRO), a clinical-stage oncology company pioneering site-specific and novel-format antibody drug conjugates (ADCs), and Blackstone (NYSE: BX), today announced the companies have entered into a royalty financing...

Jun 22, 2023 08:00 am ET

SERVPRO Announces Planned Leadership Transitions for Early 2024

SERVPRO, a leading property restoration franchise company, today announced two planned leadership transitions for early 2024. After nearly 40 years of SERVPRO service and a successful tenure as Chief Executive Officer since 2019, Rick Isaacson...

Jun 20, 2023 06:09 am ET

NiSource announces agreement to sell minority equity interest in NIPSCO to strengthen financial foundation and support sustainable, long-term growth

Blackstone Infrastructure Partners affiliate agrees to acquire 19.9% non-controlling equity interest in NIPSCO for $2.150 Billion, with additional equity commitment of $250 million to fund ongoing capital requirements.Blackstone invests alongside NiSource in NIPSCO to fund the energy transition and accelerate the reindustrialization of the Midwest.NiSource reaffirms commitment to Indiana and to its consolidated credit, earnings and growth commitments through 2027.MERRILLVILLE, Ind., June 20, 2023 /PRNewswire/ -- NiSource Inc. (NYSE: NI) today announced that it has entered into a definitive a

Jun 12, 2023 09:00 am ET

Blackstone Announces Majority Investment in New Tradition

Blackstone (NYSE:BX) announced today that funds managed by Blackstone Tactical Opportunities (“Blackstone”) have acquired a majority stake in New Tradition Media (“New Tradition” or the “Company”), a leading out-of-home media operator with assets across the nation’s largest markets.

Jun 07, 2023 12:48 pm ET

INVESTIGATION ALERT REMINDER: Scott+Scott Attorneys at Law LLP Investigates Blackstone Inc.’s Directors and Officers for Breach of Fiduciary Duties – BX

Jun 05, 2023 04:32 pm ET

Ryman Hospitality Properties, Inc. to Acquire JW Marriott San Antonio Hill Country Resort & Spa from Blackstone Real Estate Income Trust, Inc. for $800 Million

Ryman Hospitality Properties, Inc. (NYSE: RHP) (“Ryman”) and Blackstone Real Estate Income Trust, Inc. (“BREIT”) today announced a definitive agreement under which Ryman will purchase the JW Marriott San Antonio Hill Country Resort & Spa (“JW...

May 31, 2023 04:34 pm ET

Blackstone Completes Acquisition of Majority Stake of Copeland, Formerly Emerson Climate Technologies

Blackstone (NYSE: BX) and Emerson (NYSE: EMR) today announced that private equity funds managed by Blackstone (“Blackstone”) have completed the previously announced acquisition of a majority stake in Emerson’s Climate Technologies business in a transaction valuing the business at $14.0 billion. This closing marks a significant milestone in the HVAC and refrigeration (HVACR) industry leader’s journey to advance the next generation of climate technologies.

May 30, 2023 08:30 am ET

Blackstone to Present at Morgan Stanley’s US Financials, Payments and CRE Conference

Blackstone (NYSE:BX) announced today that Michael Chae, Chief Financial Officer, is scheduled to present at Morgan Stanley’s US Financials, Payments and CRE Conference on Monday, June 12, 2023 at 2:30pm ET.

May 17, 2023 08:30 am ET

Blackstone to Present at Bernstein’s 39th Annual Strategic Decisions Conference

Blackstone (NYSE:BX) announced today that Jon Gray, President and Chief Operating Officer, is scheduled to present at Bernstein’s 39th Annual Strategic Decisions Conference on Wednesday, May 31, 2023 at 10:00am ET.

May 15, 2023 12:00 pm ET

INVESTIGATION ALERT: Scott+Scott Attorneys at Law LLP Investigates Blackstone Inc.’s Directors and Officers for Breach of Fiduciary Duties – BX

Scott+Scott Attorneys at Law LLP (“Scott+Scott”), an international securities and consumer rights litigation firm, is investigating whether certain directors and officers of Blackstone Inc. (“Blackstone” or “Company”) (NYSE: BX) breached their fiduciary duties to Blackstone and its shareholders.

Apr 24, 2023 09:00 am ET

Ross B. Shuster to Join as CEO of Standalone Climate Technologies Business Following the Close of the Acquisition by Blackstone from Emerson

Blackstone (NYSE: BX) today announced that, upon close of the previously announced transaction through which private equity funds managed by Blackstone (“Blackstone”) will acquire a majority stake in Emerson’s (NYSE: EMR) Climate Technologies business, Ross B. Shuster will become Chief Executive Officer of the new standalone business. The appointment follows an extensive global search process, including external and internal candidates. The close of the transaction remains on track for the first half of the 2023 calendar year.

Apr 13, 2023 04:30 pm ET

Blackstone and Dominium Expand Partnership to Bring Additional New Affordable Housing to Phoenix

Blackstone (NYSE: BX), through its affordable housing portfolio company, April Housing (“April”), and Dominium, a leading affordable housing owner, developer and manager, today announced an expansion of their partnership to develop Casa Azure, which will bring 196 new affordable housing units to Phoenix, Arizona. Building on its commitment to preserve and create new affordable housing, Blackstone will provide $31 million of tax credit equity to support the development of this community. This increases Blackstone and April Housing’s commitment to expand the affordable housing stock in Maricopa

Apr 13, 2023 09:31 am ET

Thinking about trading options or stock in Blackstone, World Wrestling Entertainment, Coinbase Global, Apple, or ConocoPhillips?

NEW YORK, April 13, 2023 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for BX, WWE, COIN, AAPL, and COP.

Apr 11, 2023 08:00 am ET

Blackstone Announces $30.4 Billion Final Close for Largest Real Estate Drawdown Fund Ever

Blackstone (NYSE: BX) today announced the final close of its latest global real estate fund, Blackstone Real Estate Partners X (“BREP X”). BREP X has $30.4 billion of total capital commitments — the largest real estate or private equity drawdown fund ever raised. In total, Blackstone’s three opportunistic strategies (Global, Asia, Europe) now have $50 billion of capital commitments.

Mar 20, 2023 03:46 am ET

Blackstone Announces Opening of New Office in Frankfurt, Germany

Blackstone (NYSE: BX), the world’s largest alternative asset manager, today announced that it will open a new office in Frankfurt, Germany. The new flagship location will occupy 1,300 square meters in the OMNITURM in Frankfurt’s financial district and serve as a hub for Blackstone in Germany.

Mar 17, 2023 04:30 pm ET

SHAREHOLDER ALERT: Weiss Law Investigates Cvent Holding Corp.

NEW YORK, March 17, 2023 /PRNewswire/ -- Weiss Law is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Cvent Holding Corp. ("Cvent" or the "Company") (NASDAQ: CVT) in connection with its proposed acquisition by an affiliate of Blackstone Inc. (NYSE: BX). Under the merger agreement, the Company's shareholders will receive $8.50 in cash for each Cvent share, valuing it at $4.6 billion. The transaction includes a minority investment from the Abu Dhabi Investment Authority ("ADIA").

Mar 15, 2023 11:46 pm ET

SHAREHOLDER ALERT: Weiss Law Investigates Cvent Holding Corp.

NEW YORK, March 15, 2023 /PRNewswire/ -- Weiss Law is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Cvent Holding Corp. ("Cvent" or the "Company") (NASDAQ: CVT) in connection with its proposed acquisition by an affiliate of Blackstone Inc. (NYSE: BX). Under the merger agreement, the Company's shareholders will receive $8.50 in cash for each Cvent share, valuing it at $4.6 billion. The transaction includes a minority investment from the Abu Dhabi Investment Authority ("ADIA").

Feb 02, 2023 08:30 am ET

Blackstone to Present at the Bank of America Securities Financial Services Conference 2023

Blackstone (NYSE:BX) announced today that Stephen Schwarzman, Chairman, CEO and Co-Founder, is scheduled to present at the Bank of America Securities 2023 Financial Services Conference on Thursday, February 16, 2023 at 12:30pm ET.

Jan 25, 2023 05:45 pm ET

UC Investments to Invest Additional $500 Million in BREIT Common Shares

The Office of the Chief Investment Officer of the Regents of the University of California (“UC Investments”) and Blackstone (NYSE: BX) today announced an expansion of their long-term strategic venture. UC Investments will acquire an additional $500 million in Blackstone Real Estate Income Trust, Inc. (“BREIT”) Class I common shares with fees and terms consistent with existing BREIT shareholders. This follows the $4 billion investment by UC Investments into BREIT

Jan 24, 2023 08:31 am ET

Thinking about trading options or stock in Seagate Technology, Dollar Tree, Blackstone, Nvidia, or Apple?

NEW YORK, Jan. 24, 2023 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for STX, DLTR, BX, NVDA, and AAPL.

Jan 24, 2023 06:00 am ET

Nippon Life to Commit Further $1 Billion in Resolution Life, Following Strategic Partnership with Blackstone

Resolution Life today announced that Nippon Life Insurance Company (“Nippon Life”) has agreed to invest an additional commitment of $1 billion in Resolution Life -- a leading global life and annuity insurance consolidation business -- following the recently announced

Jan 18, 2023 02:30 pm ET

Blackstone Strategic Partners Closes Record Private Equity Secondary Funds at $25 Billion

Blackstone (NYSE:BX) today announced the final close of its latest global secondaries strategy, Strategic Partners IX, and inaugural GP-led continuation fund strategy, Strategic Partners GP Solutions (together with their related committed program vehicles, “SP IX” and “SP GPS” respectively). SP IX has total commitments of $22.2 billion and SP GPS has total commitments of $2.7 billion. SP IX is the world’s largest dedicated secondaries fund raised to-date.

Jan 11, 2023 08:34 am ET

Thinking about trading options or stock in Blackstone, Tesla, Boeing, Caterpillar, or NVIDIA?

NEW YORK, Jan. 11, 2023 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for BX, TSLA, BA, CAT, and NVDA.

Jan 10, 2023 08:00 am ET

Blackstone Expands Leadership Team in Growing Private Credit Business

Blackstone (NYSE: BX) today announced that Brad Marshall, who has been leading the firm’s direct lending efforts for nearly 17 years, has been promoted to Global Head of Private Credit Strategies (PCS), adding to his role as Chairman and co-CEO of the firm’s two business development companies (BDCs), Blackstone Private Credit Fu

Jan 04, 2023 12:00 pm ET

Byron Wien and Joe Zidle Announce the Ten Surprises of 2023

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 the Ten Surprises of 2023. This is the 38th year Byron has given his views on a number of economic, financial market and political surprises for the coming year. Byron defines a “surprise” as an event that the average investor would only assign a one out of three chance of taking place but which Byron believes is “probable,” having a better than 50% likelihood of happening. Byron started the tradition in 1986 when he was the Chief U.S

Jan 03, 2023 08:30 am ET

UC Investments Creates Strategic Venture with Blackstone to Invest $4 Billion in BREIT Common Shares

The Office of the Chief Investment Officer of the Regents of the University of California (“UC Investments”) and Blackstone (NYSE: BX) today announced a long-term strategic venture in which UC Investments will invest $4 billion in Blackstone Real Estate Income Trust, Inc. (“BREIT”) Class I common shares, the largest existing share class. Blackstone will then contribute $1 billion of its current BREIT holdings as part of a strategic venture with UC Investments.

Dec 28, 2022 08:30 am ET

Voxtur Announces Changes to Board of Directors

Voxtur Analytics Corp. (TSXV: VXTR; OTCQB: VXTRF) ("Voxtur" or the "Company"), a North American technology company creating a more transparent and accessible real estate lending ecosystem, is pleased to announce the appointment of Nicholas Smith,...

Dec 05, 2022 08:00 am ET

Blackstone Private Credit Fund Increases Monthly Distribution

Blackstone Private Credit Fund (“BCRED”) today announced the increase of its regular monthly distribution from $0.1900 per share to $0.2100 per share, which represents a 10.2% annualized distribution yield (for Class I Common Shares1) based on the October NAV per share of $24.60. BCRED’s Board of Trustees (the “Board”) approved the increase in distribution, which will become effective for the December 2022 monthly distribution with the record date of December 30, 2022 and will be paid on or about January 27, 2023.

Nov 17, 2022 08:00 am ET

Blackstone to Present at the Goldman Sachs 2022 US Financial Services Conference

Blackstone (NYSE:BX) announced today that Stephen Schwarzman, Chairman, CEO and Co-Founder, is scheduled to present at the Goldman Sachs 2022 US Financial Services Conference on Wednesday, December 7, 2022 at 12:20pm ET.

Nov 07, 2022 12:15 pm ET

Blackstone Charitable Foundation Commits $2 Million To Four Historically Black Colleges and Universities in North Carolina and Maryland

NORTHAMPTON, MA / ACCESSWIRE / November 7, 2022 / The Blackstone Charitable Foundation today announced that it has committed $2 million to expand access to its entrepreneurial skill-building program, Blackstone LaunchPad, to all students at four Historically Black Colleges and Universities (HBCUs).

Nov 03, 2022 04:16 pm ET

Blackstone Completes Senior Notes Offering

Blackstone (NYSE: BX) has completed its previously announced offering of $600 million of 5.900% senior notes due 2027 and $900 million of 6.200% senior notes due 2033 of Blackstone Holdings Finance Co. L.L.C., its indirect subsidiary. The notes are fully and unconditionally guaranteed by Blackstone Inc. and its indirect subsidiaries Blackstone Holdings I L.P., Blackstone Holdings AI L.P., Blackstone Holdings II L.P., Blackstone Holdings III L.P. and Blackstone Holdings IV L.P. Blackstone intends to use the proceeds from the notes offering for general corporate purposes.

Oct 31, 2022 06:03 pm ET

Blackstone Prices $1.5 Billion Senior Notes Offering

Blackstone (NYSE: BX) priced its offering of $600 million of 5.900% senior notes due 2027 and $900 million of 6.200% senior notes due 2033 of Blackstone Holdings Finance Co. L.L.C., its indirect subsidiary. The notes are to be fully and unconditionally guaranteed by Blackstone Inc. and its indirect subsidiaries, Blackstone Holdings I L.P., Blackstone Holdings AI L.P., Blackstone Holdings II L.P., Blackstone Holdings III L.P. and Blackstone Holdings IV L.P. Blackstone intends to use the proceeds from the notes offering for general corporate purposes.

Oct 31, 2022 08:21 am ET

Blackstone to Offer Senior Notes

Blackstone (NYSE: BX) today announced its intention to offer, subject to market and other conditions, senior notes of Blackstone Holdings Finance Co. L.L.C., its indirect subsidiary. The notes are to be fully and unconditionally guaranteed by Blackstone Inc. and its indirect subsidiaries, Blackstone Holdings I L.P., Blackstone Holdings AI L.P., Blackstone Holdings II L.P., Blackstone Holdings III L.P. and Blackstone Holdings IV L.P. Blackstone intends to use the proceeds from the notes offering for general corporate purposes.

Oct 27, 2022 04:01 pm ET

PTC Therapeutics Announces Strategic Financing Collaboration with Blackstone with up to $1 Billion in Funding

- Blackstone investment accelerates innovative product pipeline -- PTC will leverage Blackstone's network and life sciences expertise to broaden business development effort -- PTC to receive $350 million in cash at close -

Oct 24, 2022 08:30 am ET

Blackstone and Dominium Partner to Bring New Affordable Housing to Phoenix

Blackstone (NYSE: BX), through its affordable housing portfolio company April Housing (“April”), and Dominium, a leading affordable housing owner, developer and manager, today announced a partnership to develop the Aviara Flats community that will bring 372 new affordable housing units to Phoenix, Arizona. As part of this partnership, Blackstone will provide $48 million of tax credit equity to support the development of these units.

Oct 18, 2022 10:10 am ET

Alternative Views: Four Takeaways From a Conversation on the Energy Transition

NORTHAMPTON, MA / ACCESSWIRE / October 18, 2022 / Blackstone

Oct 17, 2022 04:15 pm ET

Blackstone Charitable Foundation Announces $3M Grant To Significantly Expand Career Accelerator With Blackstone Career Pathways Partner Year Up

NEW YORK, NY / ACCESSWIRE / October 17, 2022 / Blackstone

Oct 17, 2022 09:45 am ET

Blackstone Charitable Foundation Announces $3M Grant To Significantly Expand Career Accelerator with Blackstone Career Pathways™ Partner Year Up

Blackstone (NYSE: BX) today announced that the Blackstone Charitable Foundation will provide a $3 million grant over three years to Year Up, one of the nation’s most impactful workforce development nonprofits. Year Up is one of the main partners of Blackstone Career Pathways, the firm’s signature career and economic mobility program. The grant will significantly accelerate the growth of Year Up’s Career Accelerator, which collaborates with nonprofits and community colleges to provide targeted, rapid skills training and talent pipelines to employers.

Oct 12, 2022 08:00 am ET

Resolution Life and Blackstone Announce Strategic Partnership to Grow Leading Global Life Insurance and Annuity Consolidation Business

Resolution Life and Blackstone (NYSE: BX) today announced a strategic partnership to support the continued growth of Resolution Life, a leading global life and annuity insurance consolidation business.

Oct 06, 2022 09:54 am ET

Affiliates of Blackstone Real Estate Complete $3.6 Billion Acquisition of Bluerock Residential Growth REIT

Blackstone (NYSE: BX) today announced that affiliates of Blackstone Real Estate (“Blackstone”) have completed the previously announced acquisition of Bluerock Residential Growth REIT, Inc. (“Bluerock”) for $24.25 per share in an all-cash transaction valued at $3.6 billion.

Sep 22, 2022 11:25 am ET

Thinking about trading options or stock in Eli Lilly, Blackstone, Tesla, Adobe, or Walt Disney?

NEW YORK, Sept. 22, 2022 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for LLY, BX, TSLA, ADBE, and DIS.

Sep 20, 2022 08:00 am ET

Blackstone Announces Commitment to 2,000 Refugee Hires Across Global Portfolio Companies and Real Estate Properties

Blackstone (NYSE: BX) today announced a commitment to 2,000 refugee hires across its global portfolio companies and at its real estate properties, including 1,500 refugees in the United States alone, by the end of 2025. As part of the announcement, Blackstone is joining Tent, a non-profit network of major companies committed to supporting refugees worldwide. To date, Blackstone's portfolio companies and real estate properties have hired nearly 500 refugees from around the world, including Afghanistan, Ukraine, El Salvador and Guatemala. Additionally, Blackstone has joined the Welcome.US CEO Co

Aug 25, 2022 09:00 am ET

Blackstone Establishes Corporate Private Equity West Coast Presence in San Francisco

Blackstone (NYSE: BX) today announced its Corporate Private Equity business is expanding its North America footprint through a new team based in San Francisco – building on the firm’s existing strong presence in its San Francisco office across its other business units. Sachin Bavishi, a Senior Managing Director, will relocate to San Francisco to lead and establish Blackstone Private Equity’s West Coast presence, along with other existing and new team members.

Aug 24, 2022 11:45 am ET

RxDefine grows executive team with hire of Pujan Kasaju as SVP of Finance and Operations

Kasaju joins a series of strong executive hires from Veeva, McKinsey, Amazon

Aug 19, 2022 08:00 am ET

Presbyterian Villages of Michigan and April Housing Announce Agreement in Another Step to Preserve Affordable Housing

Presbyterian Villages of Michigan (“PVM”), a leading faith-based non-profit dedicated to serving seniors, and April Housing, a Blackstone (NYSE: BX) portfolio company, today announced a successful resolution to the litigation April Housing inherited from the property’s prior limited partner. Under the agreement, PVM will become the sole owner of two apartment communities in Michigan that serve low-income senior residents, including The Village of Oakland Woods I (150 units in Pontiac) and Woodbridge Estates (100 units in Detroit).

Aug 17, 2022 09:00 am ET

Blackstone Announces Adam White, Former President and COO of Bakkt, as Senior Advisor

Blackstone (NYSE: BX) today announced the appointment of Adam White, former Bakkt and Coinbase executive, as a Senior Advisor. White brings a breadth of experience as a senior leader and entrepreneur in the crypto and blockchain technology space and will advise across Blackstone’s businesses, with an emphasis on Blackstone Growth (BXG), the firm’s growth equity investing platform. Within the sector, Blackstone is focused on services and infrastructure supporting the digital asset ecosystem, such as an investment last year by funds managed by Blackstone in Chainalysis, a leading provider of blo

Aug 09, 2022 12:00 pm ET

Blackstone Funds Complete $13 Billion Acquisition of American Campus Communities

Blackstone (NYSE: BX) today announced that Blackstone Core+ perpetual capital vehicles, primarily comprising Blackstone Real Estate Income Trust, Inc. (“BREIT”) and Blackstone Property Partners (“BPP”), have completed the previously announced acquisition of all of the outstanding shares of common stock of American Campus Communities, Inc. (“ACC”), the largest developer, owner and manager of high-quality student housing communities in the United States, for approximately $12.8 billion, including the assumption of debt.

Aug 04, 2022 06:59 pm ET

Celsius Holdings Set to Join S&P MidCap 400; Clearfield to Join S&P SmallCap 600

NEW YORK, Aug. 4, 2022 /PRNewswire/ -- S&P SmallCap 600 constituent Celsius Holdings Inc. (NASD:CELH) will replace American Campus Communities Inc. (NYSE:ACC) in the S&P MidCap 400, and Clearfield Inc. (NASD:CLFD) will replace Celsius Holdings in the S&P SmallCap 600 effective prior to the opening of trading on Wednesday, August 10. Blackstone Inc. (NYSE: BX) is acquiring American Campus Communities in a transaction expected to be completed soon pending final conditions.

Aug 03, 2022 09:04 am ET

Blackstone Infrastructure's Portfolio Company Atlantic Power Transmission LLC Announces Partnership With Offshore Energy Industry Expert Morrison Energy to Invest in New Jersey’s Workforce and Bring J

Atlantic Power Transmission LLC (“APT”), a Blackstone (NYSE: BX) portfolio company, today announced its partnership with Morrison Energy (“Morrison”) to position New Jersey as a global leader in rapidly developing offshore wind energy generation and transmission supply chain. The combined collective expertise of APT, Morrison and Blackstone collaborating on this landmark initiative underscores APT’s long-standing commitment to investing in New Jersey’s workforce and kicks off an exciting chapter in the East Coast’s clean energy transition.

Jul 20, 2022 01:36 pm ET

Affiliates of Blackstone Real Estate Complete $7.6 Billion Acquisition of PS Business Parks, Inc.

Blackstone (NYSE: BX) today announced that affiliates of Blackstone Real Estate have completed the previously announced acquisition of all of the outstanding shares of common stock of PS Business Parks, Inc. (“PSB”) for $187.50 per share in an all-cash transaction valued at approximately $7.6 billion, including transaction expenses.

Jul 20, 2022 10:00 am ET

Blackstone Private Credit Fund Special Dividend to be Issued at $0.07 per Share

Blackstone Private Credit Fund (BCRED or the “Fund”) today announced that due to strong earnings and the positive impact from rising interest rates, its previously declared special distribution of $0.05 per share plus additional estimated undistributed net investment income in excess of $0.05 per share available as of the record date for

Jul 19, 2022 09:05 am ET

QTS Publishes Annual Environmental, Social and Governance (ESG) Report

Expands commitment to social responsibility while making strong progress towards goal of procuring 100% of its power from carbon-free sources

Jul 19, 2022 09:00 am ET

Blackstone and Hudson Pacific Receive Approval at Planning Committee to Develop World-Class Studio Facility in the UK

Blackstone (NYSE: BX) and Hudson Pacific Properties, Inc. (NYSE: HPP), a unique provider of end-to-end real estate solutions for tech and media tenants, today announced they have received a positive resolution at planning committee to develop Sunset Waltham Cross Studios, a major new studio facility for feature films, high-end television and digital production in Broxbourne, Hertfordshire.

Jul 13, 2022 06:13 pm ET

Healthcare Trust of America & Coca-Cola Consolidated Set to Join S&P MidCap 400; Green Brick Partners to Join S&P SmallCap 600

NEW YORK, July 13, 2022 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P MidCap 400 and S&P SmallCap 600:

Jul 06, 2022 05:00 pm ET

Blackstone Announces $400 Million Investment in Xpansiv, the Leading Global Carbon and Environmental Commodities Exchange Platform

Blackstone announced today that funds managed by Blackstone Energy Partners (“Blackstone”) have committed $400 million to lead a strategic investment in Xpansiv Limited (“Xpansiv”), the premier market-infrastructure platform for global carbon and environmental commodities.

Jun 27, 2022 10:00 am ET

Blackstone Private Credit Fund Declares Special Dividend

Blackstone Private Credit Fund (BCRED or the “Fund”) today announced that due to strong earnings and the positive impact from rising interest rates, its Board of Trustees has declared a special distribution of the Fund’s excess undistributed net investment income for each class of the Fund’s shares. The special distribution will be in the

Jun 23, 2022 02:28 pm ET

Blackstone Real Estate Income Trust Completes $5.8 Billion Acquisition of Preferred Apartment Communities, Inc.

Blackstone (NYSE: BX) and Preferred Apartments Communities, Inc. (NYSE: APTS) (“PAC” or the “Company”) today announced that Blackstone Real Estate Income Trust, Inc. (“BREIT”) has completed its previously announced acquisition of PAC for $25.00 per share of common stock, without interest, in an all-cash transaction valued at approximately $5.8 billion. The holders of each series of PAC’s preferred stock will receive the $1,000 per share liquidation preference for each share of preferred stock plus accrued but unpaid dividends thereon, without interest. As a result of the transaction, PAC’s com

Jun 10, 2022 04:15 pm ET

Advarra, Leading Provider of Life Sciences R&D Compliance and Technology Solutions, Secures Major Investment from Blackstone and CPP Investments

Advarra, a leading provider of regulatory, quality, and compliance solutions and clinical trial technologies in the life sciences sector, today announced that private equity funds managed by Blackstone (“Blackstone”) and Canada Pension Plan Investment Board (“CPP Investments”) have signed a definitive agreement to make a majority investment in Advarra. The investment includes significant continued equity participation from Genstar Capital and Linden Capital Partners, current shareholders, and management. Blackstone is investing in Advarra through its core private equity strategy, which invests

Jun 07, 2022 08:30 am ET

Blackstone to Present at Morgan Stanley’s US Financials, Payments & CRE Conference

Blackstone (NYSE:BX) announced today that Jon Gray, President and Chief Operating Officer, is scheduled to present at Morgan Stanley’s US Financials, Payments & CRE Conference on Tuesday, June 14, 2022 at 12:00pm ET.

Jun 01, 2022 04:15 pm ET

Blackstone Completes 12-Year Euro-Denominated Senior Notes Offering

Blackstone (NYSE: BX) has completed its previously announced offering of €500,000,000 of 3.500% senior notes due 2034 of Blackstone Holdings Finance Co. L.L.C., its indirect subsidiary. The notes are fully and unconditionally guaranteed by Blackstone Inc. and its indirect subsidiaries Blackstone Holdings I L.P., Blackstone Holdings AI L.P., Blackstone Holdings II L.P., Blackstone Holdings III L.P. and Blackstone Holdings IV L.P. Blackstone intends to use the proceeds from the notes offering for general corporate purposes.

Jun 01, 2022 03:00 pm ET

Ashcroft Capital Announces Closing of New Partnership Backed by Institutional Investors Including Goldman Sachs Asset Management and Blackstone Strategic Partners

New institutional partners will support the further expansion of Ashcroft's Sun Belt multifamily portfolio

May 25, 2022 04:15 pm ET

Blackstone Prices €500 Million Senior Notes Offering

Blackstone (NYSE: BX) priced its offering of €500,000,000 of 3.500% senior notes due 2034 of Blackstone Holdings Finance Co. L.L.C., its indirect subsidiary. The notes will be fully and unconditionally guaranteed by Blackstone Inc. and its indirect subsidiaries, Blackstone Holdings I L.P., Blackstone Holdings AI L.P., Blackstone Holdings II L.P., Blackstone Holdings III L.P. and Blackstone Holdings IV L.P. Blackstone intends to use the proceeds from the notes offering for general corporate purposes.

May 25, 2022 05:02 am ET

Blackstone to Offer Euro-Denominated Senior Notes

Blackstone (NYSE: BX) today announced its intention to offer, subject to market and other conditions, euro-denominated senior notes of Blackstone Holdings Finance Co. L.L.C., its indirect subsidiary. The notes will be fully and unconditionally guaranteed by Blackstone Inc. and its indirect subsidiaries, Blackstone Holdings I L.P., Blackstone Holdings AI L.P., Blackstone Holdings II L.P., Blackstone Holdings III L.P. and Blackstone Holdings IV L.P. Blackstone intends to use the proceeds from the notes offering for general corporate purposes.

May 24, 2022 10:30 am ET

Supergoop! and Blackstone Growth (BXG) Partner with New Investors to Teach Even More People About the Importance of Daily SPF

Supergoop!, the first skincare brand that puts SPF at the forefront, and Blackstone (NYSE:BX), a leading global investment firm, today announced a partnership with a world-class set of investors from the realms of business, media and entertainment, including:

May 20, 2022 04:35 pm ET

Blackstone Credit Acquires 49% Interest in U.S. East Coast LNG Infrastructure Asset

Blackstone Credit has acquired EIG’s 49% ownership interest in Elba Liquefaction Company (“ELC”), a joint venture entity of the Elba Island LNG facility. Kinder Morgan (NYSE: KMI) will remain as the operator and retain its 51% ownership of ELC.

May 20, 2022 08:30 am ET

Blackstone to Present at Bernstein’s 38th Annual Strategic Decisions Conference

Blackstone (NYSE:BX) announced today that Stephen Schwarzman, Chairman, CEO and Co-Founder, is scheduled to present at Bernstein’s 38th Annual Strategic Decisions Conference on Wednesday, June 1, 2022 at 9:00am ET.

May 19, 2022 10:02 am ET

Blackstone Real Estate Income Trust Completes $3.7 Billion Acquisition of Resource REIT

Blackstone (NYSE: BX) today announced that Blackstone Real Estate Income Trust, Inc. (“BREIT”) has completed its previously announced acquisition of all of the outstanding shares of common stock of Resource REIT, Inc. (the “REIT”) for $14.75 per share in an all-cash transaction valued at $3.7 billion, including the assumption of the REIT’s debt.

May 18, 2022 10:00 am ET

RECURRENT, LEADING HIGH-GROWTH DIGITAL MEDIA COMPANY SECURES $300M IN NEW FUNDING

New financing will propel and expand Recurrent's strategic acquisitions, grow its brand reach, develop creative talent and more

May 10, 2022 08:00 am ET

Blackstone Energy Partners Announces Majority Investment in Geosyntec, Leading Global Provider of Environmental Engineering, Design, and Consulting Services

Blackstone (NYSE: BX) announced today that Blackstone Energy Partners (“Blackstone”) has agreed to make a majority investment in Geosyntec Consultants, Inc. (“Geosyntec”). Geosyntec is a leading environmental engineering and design consulting firm, focused on delivering technical solutions to a wide range of clients to address their environmental restoration, geotechnical, coastal, water quality and supply, infrastructure, and energy transition needs. With a team of more than 1,700 engineers, scientists, and other key employees, Geosyntec operates from more than 90 offices in the United States

May 09, 2022 01:00 pm ET

Blackstone Announces Matthew Bromberg, Former COO at Zynga, as Senior Advisor

Blackstone (NYSE: BX) today announced the appointment of Matthew Bromberg, former Chief Operating Officer at Zynga, as a Senior Advisor. Bromberg brings over 20 years of experience across the online and mobile gaming industry, and will advise across Blackstone’s businesses, with a focus on Blackstone Growth (BXG).

May 09, 2022 07:00 am ET

Blackstone Real Estate Expands Presence in Canada with New Office Led by Janice Lin

Blackstone (NYSE: BX) today announced that it is establishing a Blackstone Real Estate office in Toronto and the appointment of Janice Lin as head of its Real Estate business in Canada. Ms. Lin’s leadership experience and deep knowledge of the Canadian market will help drive Blackstone Real Estate’s Canadian footprint as it continues to invest across all asset classes, with a focus on its long-term presence in the country.

May 03, 2022 06:30 am ET

Michelle Greene Joins Board of Trustees of Blackstone Credit BDCs

Blackstone Private Credit Fund (BCRED) and Blackstone Secured Lending Fund (BXSL

Apr 27, 2022 09:30 am ET

Atlantic Power Transmission LLC, a Blackstone Infrastructure Partners Portfolio Company, Announces $50 Million Commitment to New Jersey Workforce Development

Atlantic Power Transmission LLC (“APT”), a Blackstone (NYSE: BX) portfolio company, announces a $50 million commitment to workforce development in New Jersey. The commitment contributes towards creating a workforce hub for the burgeoning offshore wind industry in the Northeast region and the state, addressing one of the recommendations outlined by the New Jersey Offshore Wind Strategic Plan. APT remains committed to this smart, coordinated approach at this critical early stage in the development of the nation’s offshore wind market.

Apr 26, 2022 01:50 pm ET

Blackstone Announces Len Laufer, a Leader in Data Science and Technology Across the Financial Services Industry, as Senior Advisor

Blackstone (NYSE: BX) today announced the appointment of Len Laufer, a pioneer in data science and long-time executive across the financial services industry, as a senior advisor. He will advise across Blackstone’s businesses, with a focus on Blackstone Growth (BXG), the firm’s growth equity investing platform.

Apr 25, 2022 04:05 pm ET

AZZ Inc. Announces Financing of Precoat Transaction

FORT WORTH, Texas, April 25, 2022 /PRNewswire/ -- AZZ Inc. ("AZZ" or the "Company") (NYSE: AZZ), a global provider of galvanizing and metal coating solutions, welding solutions, specialty electrical equipment and highly engineered services for maintaining and building critical infrastructure today announced that the Company is launching the syndication of a new 7-year $1.3 billion First Lien Senior Term Loan ("2022 Term Loan B").

Apr 25, 2022 09:03 am ET

Affiliates of Blackstone Real Estate to Acquire PS Business Parks, Inc. for $7.6 Billion

PS Business Parks, Inc. (NYSE:PSB) (“PSB” or the “Company”) and Blackstone (NYSE:BX) today announced that they have entered into a definitive agreement under which affiliates of Blackstone Real Estate (“Blackstone”) will acquire all outstanding shares of common stock of PSB for $187.50 per share in an all-cash transaction valued at approximately $7.6 billion, including transaction expenses. The purchase price represents a premium of approximately 15% to the volume weighted average share price over the last 60 days.

Apr 21, 2022 09:31 am ET

Thinking about trading options or stock in United Airlines, Netflix, Blackstone, Meta Platforms, or Apple?

NEW YORK, April 21, 2022 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for UAL, NFLX, BX, FB, and AAPL.

Apr 20, 2022 12:00 pm ET

Blackstone Announces Close of Blackstone Life Sciences Yield Fund at $1.6 Billion

Blackstone (NYSE: BX) today announced the close of Blackstone Life Sciences Yield (“BXLS Yield”), its inaugural royalty and structured credit-focused life sciences fund. The fund was oversubscribed and is the largest first-time fund of this nature. It closed with $1.6 billion of investor capital focused on post-approval, commercial-stage opportunities. It complements the flagship strategy of BXLS, which invests in late-stage product development. Together, the two pools of capital enable BXLS to support end-to-end life science innovation at scale and showcase Blackstone’s deep conviction

Apr 19, 2022 04:05 pm ET

SHAREHOLDER ALERT: Weiss Law Investigates American Campus Communities, Inc.

NEW YORK, April 19, 2022 /PRNewswire/ -- Weiss Law is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of American Campus Communities, Inc. ("ACC" or the "Company") (NYSE: ACC), in connection with the proposed acquisition of the Company by Blackstone Inc. (NYSE: BX). Under the terms of the merger agreement, the Company's shareholders will receive $65.47 in cash for each share of ACC common stock owned. The transaction is valued at $12.8 billion.

Mar 14, 2022 04:30 pm ET

Brookfield and Qatar Investment Authority Sell 49% Stake in One Manhattan West to Blackstone Real Estate

Brookfield (NYSE: BAM, TSX: BAM.A) and Blackstone (NYSE: BX) today announced that Blackstone Real Estate has acquired a 49 percent stake in One Manhattan West from Brookfield and Qatar Investment Authority (QIA). The deal values the office building...

Feb 28, 2022 02:51 pm ET

Blackstone Names Ram Jagannath Global Head of Healthcare Investing, Announces Key Healthcare Sector Promotions

Blackstone (NYSE: BX) today announced three key leadership promotions in the healthcare investing sector. Ram Jagannath will serve in a newly created role of Global Head of Healthcare Investing – overseeing this area across Blackstone’s Private Equity, Tactical Opportunities and Growth businesses. Anushka Sunder will lead healthcare investing for Blackstone Private Equity, and Mike Kirkman will lead healthcare investing for Blackstone Growth.

Feb 28, 2022 08:00 am ET

INVENERGY AND ENERGYRE SECURE OFFSHORE WIND LEASE AWARD AND ANNOUNCE FORMATION OF INVESTOR CONSORTIUM

CHICAGO, Feb. 28, 2022 /PRNewswire/ -- Invenergy Wind Offshore LLC, led by project sponsors Invenergy and energyRe, was named provisional winner for an 83,976-acre area of seabed by the U.S. Bureau of Ocean Energy Management (BOEM). The winning bid of $645 million secured lease OCS-A 0542, one of the largest awarded in the New York Bight offshore wind lease sale. The project sponsors bring together decades of expertise in development, engineering, and construction of large-scale renewable generation projects. Invenergy will serve as lead developer of the project. A consortium of investors le

Feb 23, 2022 05:30 pm ET

Blackstone Announces 1-Year Anniversary for BCRED, Surpasses $32.6 Billion in Portfolio Assets

Blackstone today announced that Blackstone Private Credit Fund (BCRED), its newest perpetual private credit strategy, has completed its inaugural full year of operations.

Feb 23, 2022 04:30 pm ET

Blackstone Real Estate Announces Formation of April Housing and Appoints Alice Carr as Chief Executive Officer

Blackstone (NYSE: BX) today announced its new portfolio company, April Housing, which will serve as a leading provider of solutions and capital for the creation and preservation of high-quality affordable housing throughout the United States. April Housing will oversee and preserve affordability of an initial portfolio of over 90,000 housing units recently acquired by Blackstone Real Estate Income Trust, Inc. (BREIT).

Feb 23, 2022 11:00 am ET

Blackstone Announces Sara Clemens, Former COO at Twitch and Pandora, as Senior Advisor

Blackstone (NYSE: BX) today announced the appointment of Sara Clemens, former Chief Operating Officer at Twitch and Pandora, as a Senior Advisor. Clemens has over 25 years of experience helping lead high-growth companies at the intersection of streaming content and consumer technology. She will advise across Blackstone’s businesses, with a focus on Blackstone Growth (BXG), the firm’s growth equity investing platform.

Feb 15, 2022 09:31 am ET

Clinton Foundation’s Maura Pally to Join Blackstone Charitable Foundation as Executive Director

Blackstone (NYSE: BX) today announced that Maura Pally, formerly Executive Vice President of the Clinton Foundation, is joining the firm as Executive Director of the Blackstone Charitable Foundation.

Feb 15, 2022 02:13 am ET

Blackstone Announces €21 Billion Recapitalization of Mileway

Blackstone (NYSE: BX) today announced that existing investors in Mileway, its 14.7 million square meter pan-European last mile logistics company, have agreed to recapitalize the company for €21 billion alongside Blackstone’s Core+ strategy, and to hold the business for the long term. The recapitalization remains subject to a “go-shop” process which will commence immediately.

Feb 09, 2022 04:00 pm ET

Entertainment Icon Snoop Dogg Acquires Death Row Records Brand from Blackstone-Controlled MNRK Music Group

Entertainment Icon, Hip Hop Legend and Entrepreneur Snoop Dogg today announced he has acquired the Death Row Records brand from MNRK Music Group, which is controlled by private equity funds managed by leading global investment firm Blackstone (“Blackstone”). Terms of the transaction were not disclosed. The deal comes on the heels of Snoop Dogg’s latest album, B.O.D.R being released on February 11, 2022.

Jan 28, 2022 09:07 am ET

VNET Announces US$250 Million Investment from Blackstone

VNET Group, Inc. (Nasdaq: VNET) (“VNET” or the “Company”), a leading carrier- and cloud-neutral Internet data center services provider in China, today announced that funds managed by Blackstone Tactical Opportunities (NYSE: BX) (“Blackstone”), the...

Jan 27, 2022 08:31 am ET

Thinking about trading options or stock in Seagate Technology, Xilinx, Blackstone, Tesla, or Meta Platforms?

NEW YORK, Jan. 27, 2022 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for STX, XLNX, BX, TSLA, and FB.

Jan 25, 2022 08:00 am ET

Blackstone Announces Appointment of Kurt Summers, Former City Treasurer of Chicago, as Head of Public-Private Partnerships for Blackstone Infrastructure Partners

Blackstone Inc. (NYSE: BX) today announced the appointment of Kurt Summers, Jr., former City Treasurer of Chicago, as Head of Public-Private Partnerships within Blackstone’s Infrastructure business. Kurt Summers has a more than twenty-year career spanning world-class institutions in both the private and public sectors, leveraging expertise in finance, institutional investing, complex problem-solving and market-leading innovation. In this role, Kurt will focus on investment strategies in partnership with local governments, civic and labor organizations, and broader stakeholders to help advance

Jan 24, 2022 09:00 am ET

Resource REIT to be Acquired by Blackstone Real Estate Income Trust in $3.7 Billion Transaction

Resource REIT, Inc. (the “REIT” or the “Company”), a publicly registered non-traded real estate investment trust, announced today that it has entered into a definitive agreement with Blackstone Real Estate Income Trust, Inc. (“BREIT”), under which...

Jan 21, 2022 08:00 am ET

Blackstone Launches Sustainable Resources Credit Platform

Blackstone today announced the launch of Blackstone Credit’s Sustainable Resources Platform focused on investing in and lending to renewable energy companies and those supporting the energy transition. Blackstone Credit is one of the world’s largest providers of private credit in the energy transition marketplace. This initiative brings together Blackstone Credit’s scale and expertise in these areas with the firm’s ESG and Portfolio Operations capabilities to deliver value by providing new solutions and sources of capital to companies driving the broader energy transition. The Sustainable Reso

Jan 18, 2022 04:15 pm ET

Blackstone Infrastructure Partners Acquires Stake in Phoenix Tower International

Blackstone (NYSE: BX) announced today that funds managed by Blackstone Infrastructure Partners (“Blackstone” or “the company”) have purchased a 35% stake in Phoenix Tower International (PTI), a leading private cell tower platform in the Americas and Europe, from Manulife Investment Management.

Jan 14, 2022 08:00 am ET

HOME PARTNERS OF AMERICA LAUNCHES FIRST-OF-ITS-KIND CHOICE LEASE® PROGRAM WITH INITIAL $1 BILLION TO HELP ADDRESS HOUSING AFFORDABILITY CHALLENGES

CHICAGO, Jan. 14, 2022 /PRNewswire/ -- Home Partners of America announced today the launch of Choice Lease®, a new program designed to help address the affordable housing crisis and mortgage access challenges often faced by low-to-moderate-income families and historically under-represented communities. Choice Lease® is a unique, first-of-its-kind entirely private sector housing program not reliant upon government subsidies. The program offers qualified applicants below market rents and paths to homeownership unavailable before.

Jan 12, 2022 08:15 am ET

Blackstone Announces Final Close for Fourth Capital Opportunities Fund

Blackstone (NYSE: BX) today announced the final close of Blackstone Capital Opportunities Fund IV (“COF IV”). With the final close of COF IV, Blackstone Credit has $8.75 billion available for its opportunistic private debt strategy. COF has an almost 15-year track record of providing private financings for businesses of all sizes and across industries.

Jan 11, 2022 09:00 am ET

Faraway Road Productions Acquired by Candle Media, Next-generation Media Company Backed by Kevin Mayer, Tom Staggs, and Blackstone

Jan 10, 2022 04:32 pm ET

Blackstone Completes Senior Notes Offering

Blackstone (NYSE: BX) has completed its previously announced offering of $500 million of 2.550% senior notes due 2032 and $1.0 billion of 3.200% senior notes due 2052 of Blackstone Holdings Finance Co. L.L.C., its indirect subsidiary. The notes are fully and unconditionally guaranteed by Blackstone Inc. and its indirect subsidiaries Blackstone Holdings I L.P., Blackstone Holdings AI L.P., Blackstone Holdings II L.P., Blackstone Holdings III L.P. and Blackstone Holdings IV L.P. Blackstone intends to use the proceeds from the notes offering for general corporate purposes.

Jan 10, 2022 07:00 am ET

Autolus Therapeutics announces 2022 priorities

Autolus Therapeutics plc (Nasdaq: AUTL), a clinical-stage biopharmaceutical company developing next-generation programmed T cell therapies, today announced its 2022 corporate priorities and provided guidance. “We are on track to complete patient...

Jan 07, 2022 01:00 pm ET

Invenergy Announces Approximately $3 Billion Investment from Blackstone Infrastructure Partners to Accelerate Renewable Development Activities

Today, Blackstone Inc. (NYSE: BX) announced that funds managed by Blackstone Infrastructure Partners have entered into a definitive agreement with Caisse de dépôt et placement du Québec (CDPQ) and Invenergy for an approximately $3 billion equity investment in Invenergy Renewables Holdings LLC (“Invenergy Renewables” or “the company”), the largest private renewable energy company in North America. Blackstone’s investment will provide capital to accelerate Invenergy’s renewables development activities. CDPQ and Invenergy management remain majority owners of the company and Invenergy will continu

Jan 04, 2022 06:59 pm ET

Westbrook Inc. Announces Strategic Minority Investment from Candle Media, Next-Generation Media Company Backed by Kevin Mayer, Tom Staggs, and Blackstone

Candle Media (“Candle”), the next-generation media company run by leading entertainment executives Kevin Mayer and Tom Staggs and backed by investment capital from Blackstone, today announced a strategic minority investment in Westbrook Inc., the media company founded by Jada Pinkett Smith, Will Smith, Miguel Melendez and Ko Yada, focused on empowering artists to tell stories that connect the world. Terms of the transaction were not disclosed.

Jan 03, 2022 06:04 pm ET

Blackstone Prices $1.5 Billion Senior Notes Offering

Blackstone (NYSE: BX) priced its offering of $500 million of 2.550% senior notes due 2032 and $1.0 billion of 3.200% senior notes due 2052 of Blackstone Holdings Finance Co. L.L.C., its indirect subsidiary. The notes will be fully and unconditionally guaranteed by Blackstone Inc. and its indirect subsidiaries, Blackstone Holdings I L.P., Blackstone Holdings AI L.P., Blackstone Holdings II L.P., Blackstone Holdings III L.P. and Blackstone Holdings IV L.P. Blackstone intends to use the proceeds from the notes offering for general corporate purposes.

Jan 03, 2022 12:00 pm ET

Byron Wien and Joe Zidle Announce the Ten Surprises of 2022

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 the Ten Surprises of 2022. This is the 37th year Byron has given his views on a number of economic, financial market and political surprises for the coming year. Byron defines a “surprise” as an event that the average investor would only assign a one out of three chance of taking place but which Byron believes is “probable,” having a better than 50% likelihood of happening. Byron started the tradition in 1986 when he was the Chief U.S

Jan 03, 2022 09:11 am ET

Blackstone to Offer Senior Notes

Blackstone (NYSE: BX) today announced its intention to offer, subject to market and other conditions, senior notes of Blackstone Holdings Finance Co. L.L.C., its indirect subsidiary. The notes will be fully and unconditionally guaranteed by Blackstone Inc. and its indirect subsidiaries, Blackstone Holdings I L.P., Blackstone Holdings AI L.P., Blackstone Holdings II L.P., Blackstone Holdings III L.P. and Blackstone Holdings IV L.P. Blackstone intends to use the proceeds from the notes offering for general corporate purposes.

Dec 20, 2021 11:00 am ET

Blackstone Growth (BXG) Announces Majority Investment in Supergoop!, Category Creator in SPF Innovation and Everyday Sun Protection

Blackstone (NYSE:BX) today announced that funds managed by Blackstone Growth (BXG) (“Blackstone”) have entered into a definitive agreement for a majority investment in Supergoop!, the first protective skincare brand that puts SPF at the forefront. The company, founded by former teacher and skincare industry pioneer Holly Thaggard, has enjoyed tremendous

Dec 16, 2021 09:00 am ET

AIG and Blackstone Real Estate Income Trust Close Transaction of Affordable Housing Assets

American International Group, Inc. (NYSE: AIG) and Blackstone (NYSE: BX) today announced the closing of the previously disclosed transaction for Blackstone Real Estate Income Trust (BREIT), a yield-oriented, perpetual-life investment vehicle affiliated with Blackstone, to acquire AIG’s interests in a U.S. affordable housing portfolio. All AIG employees who supported the affordable housing portfolio full-time have been offered the option to join the Blackstone-affiliated portfolio company overseeing these assets.

Dec 14, 2021 11:00 am ET

Nautic Partners Announces Strategic Investment from Blackstone GP Stakes

Nautic Partners LLC (“Nautic”), a leading middle-market private equity firm focused on investments in the healthcare, industrials, and services sectors, and Blackstone (NYSE:BX) today jointly announced a new partnership in which funds managed by Blackstone GP Stakes acquired a minority ownership interest in Nautic. Blackstone GP Stakes specializes in value-added, long-term investments in the management companies of leading private equity firms.

Dec 09, 2021 05:00 pm ET

Blackstone Announces Two New Senior Leadership Hires in BAAM Business

Blackstone (NYSE:BX) today announced that David Ben-Ur and Atish Nigam have joined the firm in senior leadership roles in the Blackstone Alternative Asset Management (“BAAM”) business. David will be the Chief Investment Officer of BAAM’s hedge fund solutions business (“BPS”) and Atish will serve as the Chief Investment Officer of BAAM’s special situations investing business (“BSOF”).

Dec 01, 2021 01:00 pm ET

Blackstone Tactical Opportunities Announces Acquisition of Sustana, a Leading Manufacturer of Sustainable Recycled Fiber, Paper and Packaging

Blackstone (NYSE:BX) announced today that funds managed by its Blackstone Tactical Opportunities business (“Blackstone”) have acquired Sustana Group (“Sustana” or the “Company”), a leading manufacturer of premium, sustainable recycled fiber, paper and packaging products, from an affiliate of H.I.G. Capital (“H.I.G.”).

Dec 01, 2021 09:12 am ET

Atlantic Power Transmission LLC, a Blackstone Infrastructure Partners Portfolio Company, Announces Bid for New Jersey Offshore Wind Transmission Project

Atlantic Power Transmission LLC (“APT”), a Blackstone (NYSE: BX) portfolio company, announced its bid to develop a clean power transmission solution in response to the 2021 New Jersey Offshore Wind SAA Transmission Solicitation initiated by the New Jersey Board of Public Utilities, in collaboration with PJM Interconnection. APT’s project offers a total offshore wind transmission solution of up to 3,600 MW and is expected to provide over $1.3 billion in economic value to the New Jersey economy. The project is expected to deliver clean offshore wind power to over 1.5 million New Jersey families,

Dec 01, 2021 07:30 am ET

Blackstone to Acquire Irth Solutions, a Leading Software Services Provider

Blackstone (NYSE: BX) announced today that Blackstone Energy Partners has agreed to acquire Irth Solutions (“Irth”). Irth is a leading provider of cloud-based software-as-a-service (“SaaS”) solutions that automate processes for damage prevention and asset protection across critical network infrastructure assets. Additionally, Irth collects and analyzes operational and environmental data and runs risk management analytics for its blue-chip customer base across the energy, utilities, telecom and media end-markets. Its products and services support electric grid resiliency, electric vehicle penet

Nov 29, 2021 04:30 pm ET

Blackstone to Present at the Goldman Sachs 2021 US Financial Services Conference

Blackstone (NYSE:BX) announced today that Stephen Schwarzman, Chairman, CEO and Co-Founder, is scheduled to present at the Goldman Sachs 2021 US Financial Services Conference on Wednesday, December 8, 2021 at 12:20pm ET.

Nov 23, 2021 04:15 pm ET

Blackstone Mortgage Trust Announces Closing of Public Offering of Class A Common Stock

Blackstone Mortgage Trust, Inc. (NYSE: BXMT) (the “Company”) today announced the closing of its underwritten public offering of its class A common stock. A total of 10,000,000 shares of class A common stock was sold. Aggregate net proceeds to the Company from the offering, after deducting estimated offering expenses, were approximately $314 million. The Company also granted the underwriters a 30-day option to purchase up to an additional 1,500,000 shares.

Nov 22, 2021 10:30 am ET

Blackstone Announces $5.6 Billion Final Close of Second GP Stakes Fund

Blackstone (NYSE: BX) today announced the final close of Blackstone Strategic Capital Holdings II (“BSCH II”), the second Blackstone fund in GP Stakes. BSCH II closed with $5.6 billion of investor capital.

Nov 18, 2021 08:15 am ET

SPANX, Inc. and Blackstone Close Majority Sale, Secure New Investors Including Oprah Winfrey, Reese Witherspoon and Whitney Wolfe Herd

SPANX, Inc., the mission-driven womenswear brand founded by Sara Blakely in 2000, today announced that funds managed by Blackstone (“Blackstone”), a leading global investment firm, have completed their previously announced majority investment in the business at a valuation of $1.2 billion. Additional new investors in SPANX participating in the closing include iconic female entrepreneurs Oprah Winfrey, Reese Witherspoon and Whitney Wolfe Herd, as well as female-founded investment funds G9 Ventures, founded by Amy Griffin, and Able Partners.

Nov 17, 2021 06:30 am ET

Blackstone Completes Acquisition of International Data Group, a Leading Market Intelligence and Data Platform for the Technology Industry

Blackstone (NYSE:BX) announced today that private equity funds managed by Blackstone (“Blackstone”) have completed their previously announced acquisition of International Data Group, Inc. (“IDG”) from Oriental Rainbow, LLC, a subsidiary of China Oceanwide Holdings Group, Co. Ltd. for an enterprise value of $1.3 billion.

Nov 16, 2021 01:00 pm ET

Blackstone Announces Strategic Investment in Life Science Logistics

Blackstone (NYSE: BX) announced today that funds managed by Blackstone Tactical Opportunities (“Blackstone”) have entered into a definitive agreement to make a significant, strategic investment in Life Science Logistics (“LSL” or the “Company”), a leading, national provider of healthcare supply chain solutions. The investment is intended to help accelerate LSL’s continued expansion within the fast-growing pharmaceutical and medical device market as it opens new facilities and further increases its customer base in the years ahead.

Nov 11, 2021 08:30 am ET

Blackstone Achieves Its Goal of 100,000 Veterans, Veteran Spouses and Caregivers Hired Across Portfolio Companies

Blackstone (NYSE: BX) is proud to announce that 100,000 veterans, veteran spouses and caregivers have been hired across its portfolio companies through the Veterans Hiring Initiative since 2013. This achievement doubles the initial hiring commitment made by Blackstone Chairman, CEO and Co-Founder Steve Schwarzman in 2013 in response to the national call to action issued by First Ladies Michelle Obama and Dr. Jill Biden to support veterans and their families.

Nov 10, 2021 10:06 am ET

SASB Founder Jean Rogers to Lead Blackstone’s ESG Efforts

Blackstone (NYSE: BX) today announced that Dr. Jean Rogers, Founder and Former CEO of the Sustainability Accounting Standards Board (SASB), will be joining the firm in January 2022 as its Global Head of Environmental, Social and Governance (ESG).

Nov 09, 2021 09:00 am ET

Renaissance Announces Significant Growth Investment from Blackstone

Renaissance® (“Renaissance” or the “Company”), a global leader in pre-K–12 educational technology, today announced its entry into a definitive agreement for private equity funds managed by Blackstone (NYSE:BX; “Blackstone”) to make a significant equity investment in the Company alongside existing investors including Francisco Partners and TPG’s The Rise Fund. Francisco Partners, a leading global investment firm that specializes in partnering with technology businesses, acquired the Company in 2018 and will remain a major shareholder. Blackstone’s investment will be made through its flagship pr

Nov 08, 2021 08:30 am ET

Blackstone Credit Announces Appointment of Viral Patel as Global Head of Technology Investing

Blackstone (NYSE: BX) today announced that Viral Patel has been appointed Global Head of Technology Investing for Blackstone Credit. Mr. Patel, who was previously an investment professional in the firm’s Tactical Opportunities Group, will be responsible for identifying investment opportunities across the technology sector and providing entrepreneurs, companies and financial sponsors with the diverse range of flexible solutions offered by Blackstone Credit. Blackstone Credit is the fastest growing segment of the firm driven by strong demand for private credit products from institutional, insura

Nov 08, 2021 02:00 am ET

Blackstone Life Sciences to invest up to $250 million in Autolus Therapeutics to develop obe-cel in adult Acute Lymphoblastic Leukemia (ALL) and advance broader platform

Autolus Therapeutics plc (Nasdaq: AUTL), a clinical-stage biopharmaceutical company developing next-generation programmed T cell therapies, and Blackstone Life Sciences today announced that the two companies have entered into a strategic...

Nov 05, 2021 09:29 am ET

Simplicity Esports Signs Agreement with Certified Guaranty Company (CGC) to Make 29 of its Locations Official Submission Centers

Simplicity Esports and Gaming Company (OTCQB:WINR) (“Simplicity Esports”) announced that 29 of its esports gaming centers have been designated as Official Submission Centers with CGC. The agreement makes Simplicity the largest network of Official...

Nov 04, 2021 06:00 pm ET

Moonbug Entertainment to Be Acquired by Next Generation Media Company Backed by Kevin Mayer, Tom Staggs and Blackstone

Nov 04, 2021 10:35 am ET

Blackstone Announces Stephanie Lundquist, Former EVP and President at Target, as Senior Advisor

Blackstone (NYSE: BX) today announced the appointment of Stephanie Lundquist, former EVP and President, Food & Beverage at Target, as a Senior Advisor. Stephanie will bring her expertise in large-scale organizational development, people management, operations, data and technology transformation to advise across Blackstone’s businesses, with a focus on Blackstone Growth (BXG), the firm’s growth equity investing platform.

Nov 03, 2021 04:30 pm ET

Blackstone Establishes Structured Finance Group

Blackstone (NYSE:BX) today announced the formation of its Structured Finance Group, which brings together Blackstone Real Estate Debt Strategies (“BREDS”) and the firm’s various asset backed finance activities. Jonathan Pollack, currently the Global Head of BREDS, has been named Global Head of the Structured Finance Group. Timothy Johnson, currently the Global Head of Originations for BREDS, will become Global Head of BREDS, overseeing all commercial and residential lending activities.

Nov 03, 2021 03:00 pm ET

The Duchossois Group Completes Sale of Chamberlain Group to Blackstone

The Chamberlain Group LLC (“Chamberlain Group” or “the Company”), a global leader in smart access solutions, today announced that The Duchossois Group, Inc. (“The Duchossois Group”) has completed the sale of Chamberlain Group to private equity funds managed by Blackstone (“Blackstone”).

Nov 02, 2021 10:09 am ET

AIG and Blackstone Close Transaction Relating to Life & Retirement Business

American International Group, Inc. (NYSE: AIG) and Blackstone (NYSE: BX) today announced that the previously disclosed transaction for Blackstone to acquire a 9.9% equity stake in AIG’s Life & Retirement business and for Blackstone to manage an initial $50 billion of Life & Retirement’s existing investment portfolio has closed.

Oct 26, 2021 04:30 pm ET

Blackstone to Present at the BofA Securities 2021 Banking and Financials Conference

Blackstone (NYSE: BX) announced today that Jon Gray, President and Chief Operating Officer, is scheduled to present virtually at the BofA Securities 2021 Banking and Financials Conference on November 10, 2021 at 12:30 pm ET.

Oct 21, 2021 09:31 am ET

Thinking about trading options or stock in Anthem, Etsy, Crocs, HP, or Blackstone?

NEW YORK, Oct. 21, 2021 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for ANTM, ETSY, CROX, HPQ, and BX.

Oct 20, 2021 01:00 pm ET

Blackstone Real Estate Income Trust Completes Acquisition of WPT Industrial Real Estate Investment Trust

Oct 20, 2021 01:00 pm ET

Blackstone Real Estate Income Trust Completes Acquisition of WPT Industrial Real Estate Investment Trust

Blackstone Real Estate Income Trust, Inc. (“BREIT”) announced that an affiliate has completed its acquisition of WPT Industrial Real Estate Investment Trust (TSX: WIR.U; WIR.UN) (OTCQX: WPTIF) (“WPT”) in a series of transactions that resulted in unitholders receiving US$22.00 per outstanding unit of WPT (collectively, “Units”) (subject to applicable withholdings) in an all-cash transaction valued at US$3.2 billion, including the assumption of debt (the “Transaction”). The Units will be delisted from the Toronto Stock Exchange at the close of business today and WPT will apply to cease to be a r

Oct 20, 2021 10:40 am ET

Blackstone Buys Majority Stake in SPANX, Inc.

SPANX, Inc., the mission-driven womenswear brand founded by Sara Blakely in 2000, today announced a definitive agreement for a majority investment from funds managed by Blackstone (“Blackstone”), a leading global investment business. The firm has agreed to buy a majority stake in the company at a valuation of $1.2 billion – with Blakely maintaining a significant equity stake in the business. Blakely, along with SPANX’s existing senior management team, will continue to oversee daily operations, and at closing, Blakely will become the Executive Chairwoman. The acquisition will enable SPANX to ac

Oct 19, 2021 08:00 am ET

Vik Sawhney Joins Boards of Trustees of Blackstone Credit BDCs

Blackstone Private Credit Fund (BCRED) and Blackstone Secured Lending Fund (BXSL

Oct 13, 2021 04:46 pm ET

Blackstone Announces Appointment of Emily Yoder as Senior Managing Director, Strategic Relationships

Blackstone today announced the appointment of Emily Yoder as Senior Managing Director, Strategic Relationship Management. She will serve as a primary interface with Blackstone’s banking and other financial services partners. In this newly created role, Ms. Yoder will be responsible for delivering a firm-wide approach to relationship management.

Oct 13, 2021 08:00 am ET

Monika Vnuk and Matt Lane join Blackstone Life Sciences as Managing Directors

Dr. Nicholas Galakatos, Global Head of Blackstone Life Sciences said: “We are excited to welcome Monika and Matt to the team. Their collective expertise in complex deal structuring, and their networks in the biopharmaceutical sector will help us expand our investment activities as we seek to advance important medicines to patients.”

Oct 12, 2021 07:00 am ET

Blackstone and Hipgnosis Song Management launch $1 billion partnership to invest in songs, recorded music, music IP and royalties

Blackstone (NYSE: BX) and Hipgnosis Song Management Ltd (“HSM”) today announce a new partnership, backed by funds managed by Blackstone, which will initially deliver c.$1 billion to acquire music rights and manage catalogues.

Oct 07, 2021 09:00 am ET

Blackstone Hires Global Head of ESG for Private Equity

Blackstone (NYSE:BX) today announced that Amisha Parekh has joined the firm as Global Head of ESG for Private Equity. Ms. Parekh will be a Managing Director sitting within the firm’s Portfolio Operations group to lead ESG diligence, policy development and strategy, and reporting for all businesses in our Private Equity reporting segment. Ms. Parekh’s hire represents Blackstone’s continued commitment to value creation through deepening ESG integration across the investment lifecycle and placing ESG at the core of its operational intervention and asset management strategy.

Oct 01, 2021 11:00 am ET

Simpli.fi, a Leading Programmatic Advertising Platform, Announces Completion of Significant Investment from Blackstone at $1.5 Billion Valuation

FORT WORTH, Texas and NEW YORK and CHICAGO, Oct. 1, 2021 /PRNewswire/ -- Simpli.fi, a leader in programmatic advertising and agency management software, announced today that private equity funds managed by Blackstone (NYSE:BX) ("Blackstone") have completed the previously announced significant equity investment in the company. Blackstone joins existing investor GTCR, a leading private equity firm, as majority shareholders in the company. The investment, made through Blackstone's flagship private equity vehicle, values the company at approximately $1.5 billion.

Sep 29, 2021 09:00 am ET

Blackstone LaunchPad To Expand To The College of Southern Nevada (CSN) and The University of Nevada, Las Vegas (UNLV)

Blackstone LaunchPad announced today that it is bringing its student entrepreneurship and skill-building program to students at the College of Southern Nevada and University of Nevada, Las Vegas. Blackstone LaunchPad’s network will provide students at these institutions with the resources and opportunities to help them build next-generation companies and careers.

Sep 27, 2021 08:15 am ET

Blackstone Announces Sale of The Cosmopolitan of Las Vegas

Blackstone (NYSE: BX) today announced that Blackstone Real Estate Partners VII L.P. (“BREP”) has reached an agreement to sell The Cosmopolitan of Las Vegas (“The Cosmopolitan”) for $5.65 billion.

Sep 20, 2021 01:38 pm ET

Blackstone Renewable Energy Project Selected to Support New York’s Transition to Clean Energy

Blackstone (NYSE: BX) announced today that its wholly-owned portfolio company Transmission Developers Inc. (TDI), was

Sep 17, 2021 11:00 am ET

Blackstone Announces Appointment of Frederic Kerrest, Executive Vice Chairman, Chief Operating Officer, and Co-Founder of Okta, as Senior Advisor

Blackstone (NYSE:BX) today announced the appointment of Frederic Kerrest, Executive Vice Chairman, Chief Operating Officer, and Co-Founder of Okta – a leading independent provider of identity systems for businesses and organizations – as a Senior Advisor. He will bring his extensive experience as an entrepreneur and as an enterprise software executive to advise across Blackstone’s businesses, with a focus on

Sep 09, 2021 09:00 am ET

Dynamo Software Announces Strategic Growth Investment from Blackstone Growth

Dynamo Software, a premier provider of comprehensive cloud software for the alternative investment management industry, today announced its entry into a definitive agreement providing for a strategic growth investment from funds managed by Blackstone Growth (BXG). Existing investor Francisco Partners will also reinvest in the company, which has grown rapidly the last four years.

Sep 09, 2021 08:15 am ET

Blackstone Announces Three New Senior Leaders in Private Credit

Blackstone (NYSE: BX) today announced three new senior leaders in Blackstone Credit, the firm’s $163 billion credit business. Blackstone Credit is the fastest growing segment of the firm driven by strong demand for private credit products from institutional, insurance and individual investors. The three leaders announced today will play critical roles in sourcing investment opportunities, supporting portfolio companies and scaling the firm’s business development companies (BDCs),

Sep 07, 2021 10:00 am ET

The Duchossois Group Agrees to Sell The Chamberlain Group LLC to Blackstone

The Chamberlain Group LLC (“Chamberlain Group” or “the Company”), a global leader in smart access solutions, today announced that its owner, The Duchossois Group, Inc. (“The Duchossois Group”), has entered into a definitive agreement to sell Chamberlain Group to private equity funds managed by Blackstone (“Blackstone”). Blackstone is investing in Chamberlain Group through its core private equity strategy, which invests in high-quality, market-leading companies for longer periods than traditional private equity.

Aug 31, 2021 11:51 am ET

Blackstone Funds Complete Acquisition of QTS Realty Trust

NEW YORK and OVERLAND PARK, Kan., Aug. 31, 2021 /PRNewswire/ -- Blackstone (NYSE: BX) and QTS Realty Trust (NYSE: QTS) today announced that affiliates of Blackstone Infrastructure Partners, Blackstone Real Estate Income Trust, Inc., and Blackstone Property Partners have completed their previously announced acquisition of QTS Realty Trust for approximately $10 billion, including debt. QTS' common stock, Series A preferred stock and Series B preferred stock will no longer be listed on any public market.

Aug 26, 2021 11:00 am ET

Deca Dental Group Announces Strategic Investment From Blackstone Tactical Opportunities

DECA Dental Group (“DECA” or the “Company”), a leading dental services organization, today announced a strategic investment from funds managed by Blackstone Tactical Opportunities (NYSE: BX; “Blackstone”).

Aug 24, 2021 01:29 pm ET

Liftoff and Vungle Join Forces to Form Leading Independent Mobile Growth Platform

Liftoff, a leading global performance-based mobile app marketing optimization platform, and Vungle, a leading global mobile app discov

Aug 20, 2021 08:46 am ET

Landmark Properties and Blackstone Real Estate Income Trust Announce a $784 Million Joint Venture to Recapitalize and Acquire 5,416 Bed Class A Student Housing Portfolio

ATHENS, Ga. and NEW YORK, Aug. 20, 2021 /PRNewswire/ -- Landmark Properties, a vertically integrated student housing developer and owner-operator, has entered into a joint-venture partnership with Blackstone Real Estate Income Trust, Inc. ("BREIT") to recapitalize eight student housing assets totaling 5,416 beds across the U.S. With this transaction, Landmark's portfolio includes 79 student housing communities.

Aug 10, 2021 07:30 am ET

Harmony Biosciences And Blackstone Enter Into Strategic Financing Collaboration

PLYMOUTH MEETING, Pa. and NEW YORK, Aug. 10, 2021 /PRNewswire/ -- Harmony Biosciences Holdings, Inc. ("Harmony") (Nasdaq: HRMY), a pharmaceutical company dedicated to developing and commercializing innovative therapies for patients with rare neurological diseases, and Blackstone (NYSE: BX) today announced that they have entered into a strategic financing collaboration where funds managed by Blackstone have agreed to provide Harmony with up to $330 million of financing and growth capital.

Aug 05, 2021 04:15 pm ET

Blackstone Completes Senior Notes Offering

Blackstone (NYSE: BX) has completed its previously announced offering of $650 million of 1.625% senior notes due 2028, $800 million of 2.000% senior notes due 2032 and $550 million of 2.850% senior notes due 2051 of Blackstone Holdings Finance Co. L.L.C., its indirect subsidiary. The notes are fully and unconditionally guaranteed by The Blackstone Group Inc. and its indirect subsidiaries Blackstone Holdings I L.P., Blackstone Holdings AI L.P., Blackstone Holdings II L.P., Blackstone Holdings III L.P. and Blackstone Holdings IV L.P. Blackstone intends to use the proceeds from the notes offering

Aug 02, 2021 11:01 am ET

Hello Sunshine Announces Majority Investment from Newly Formed, Next Generation Media Company Backed by Kevin Mayer, Tom Staggs, and Blackstone

Hello Sunshine, the mission-driven media company that puts women at the center of every story it creates, founded by Reese Witherspoon in 2016, today announced a definitive agreement for a majority investment from a newly formed company run by leading entertainment executives Kevin Mayer and Tom Staggs and backed by investment capital from Blackstone, a leading global investment business. Reese Witherspoon and Hello Sunshine’s existing senior management team, led by CEO Sarah Harden, will continue to oversee Hello Sunshine’s day-to-day operations and remain significant equity holders in the bu

Aug 02, 2021 03:00 am ET

Blackstone and Hudson Pacific Properties Announce Plans for New World-Class Film and TV Studios in the UK

Blackstone (NYSE: BX) and Hudson Pacific Properties (NYSE: HPP) plan to create a major new centre for film, TV and digital production in Broxbourne, Hertfordshire.

Jul 29, 2021 05:44 pm ET

Blackstone Prices $2.0 Billion Senior Notes Offering

Blackstone (NYSE: BX) priced its offering of $650 million of 1.625% senior notes due 2028, $800 million of 2.000% senior notes due 2032 and $550 million of 2.850% senior notes due 2051 of Blackstone Holdings Finance Co. L.L.C., its indirect subsidiary. The notes will be fully and unconditionally guaranteed by The Blackstone Group Inc. and its indirect subsidiaries, Blackstone Holdings I L.P., Blackstone Holdings AI L.P., Blackstone Holdings II L.P., Blackstone Holdings III L.P. and Blackstone Holdings IV L.P. Blackstone intends to use the proceeds from the notes offering for general corporate

Jul 29, 2021 09:00 am ET

Hudson Pacific Properties and Blackstone to Develop Los Angeles Area Studio Facility

Hudson Pacific Properties, Inc. (“Hudson Pacific”) (NYSE: HPP) and Blackstone (NYSE: BX) today unveiled plans to develop a fully entitled, state-of-the-art, purpose-built studio facility in Sun Valley, California.

Jul 29, 2021 08:47 am ET

Blackstone to Offer Senior Notes

Blackstone (NYSE: BX) today announced its intention to offer, subject to market and other conditions, senior notes of Blackstone Holdings Finance Co. L.L.C., its indirect subsidiary. The notes will be fully and unconditionally guaranteed by The Blackstone Group Inc. and its indirect subsidiaries, Blackstone Holdings I L.P., Blackstone Holdings AI L.P., Blackstone Holdings II L.P., Blackstone Holdings III L.P. and Blackstone Holdings IV L.P. Blackstone intends to use the proceeds from the notes offering for general corporate purposes, which may include, without limitation, to fund a portion of

Jul 27, 2021 10:00 am ET

Blackstone Hires Stevi Petrelli as Head of Blackstone Innovations Investments

Blackstone (NYSE:BX) announced that Stevi Petrelli has joined the firm as Head of Blackstone Innovations Investments (BXI Investments) where she will be responsible for overseeing the firm’s internal investments in early-stage PropTech, Enterprise Tech, Cybersecurity and FinTech companies. She has joined as a Managing Director and, in this newly created role, will work across Blackstone’s Technology & Innovations, Growth, Real Estate, Private Wealth Solutions and Finance businesses to drive these investments, helping accelerate innovation across the firm.

Jul 27, 2021 07:30 am ET

GTCR Announces Strategic Investment from Blackstone GP Stakes

GTCR LLC and Blackstone (NYSE:BX) today jointly announced a new partnership in which funds managed by Blackstone’s GP Stakes business will acquire a minority ownership interest in GTCR. Blackstone’s GP Stakes business specializes in value-added, long-term partnerships with leading private-market alternative asset management firms.

Jul 26, 2021 10:00 am ET

Blackstone Announces Appointment of Brian X. Tierney as Global Head of Infrastructure Portfolio Operations and Asset Management; Steve Bolze to Retire and to Become Executive Advisor

Blackstone (NYSE:BX) today announced the appointment of Brian X. Tierney as a Senior Managing Director and Global Head of Infrastructure Portfolio Operations and Asset Management. Mr. Tierney joins Blackstone following 23 years with American Electric Power (AEP), where he previously served as Chief Financial Officer, Executive Vice President for Strategy and Executive Vice President for AEP’s largest utility segment, AEP East. In this role, Mr. Tierney will partner with portfolio company CEOs to drive key value creation initiatives throughout our infrastructure companies.

Jul 19, 2021 09:02 am ET

Blackstone to Acquire Majority Stake in Simplilearn, a Leading Online Learning Platform

SAN FRANCISCO, July 19, 2021 /PRNewswire/ -- Blackstone (NYSE: BX) announced today that private equity funds managed by Blackstone ("Blackstone") have entered into a definitive agreement to acquire a controlling stake in Simplilearn Solutions Pvt. Ltd., a leading online learning 'bootcamp' based in India offering digital skills training and courses to working professionals all over the world.

Jul 15, 2021 09:31 am ET

Thinking about trading options or stock in American International, AMC, Pinterest, Tesla, or Blackstone Group?

NEW YORK, July 15, 2021 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for AIG, AMC, PINS, TSLA, and BX.

Jul 14, 2021 04:20 pm ET

AIG Announces Strategic Partnership with Blackstone for its Life & Retirement Business and Sale to Blackstone of Certain Affordable Housing Assets

American International Group, Inc. (NYSE: AIG) and Blackstone (NYSE: BX) today announced that they have reached a definitive agreement for Blackstone to acquire a 9.9% equity stake in AIG’s Life & Retirement business for $2.2 billion in an all cash transaction.

Jul 13, 2021 11:00 am ET

Blackstone Hires Courtney della Cava as Senior Managing Director and Global Head of Talent & Leadership for its Portfolio Companies

Blackstone (NYSE:BX) today announced that it has appointed Courtney della Cava as Senior Managing Director and Global Head of Talent & Leadership for its Portfolio Operations Group, effective August 1. In this role, Ms. della Cava will be responsible for building and enhancing executive leadership teams and boards for Blackstone’s more than 200 portfolio companies. She joins the firm from Bain & Company, where she was a Partner in its Leadership and Talent Practice based in San Francisco.

Jul 06, 2021 10:00 am ET

Blackstone to Acquire Sphera, a Leading Provider of ESG Software, Data, and Consulting Services, From Genstar Capital for $1.4 Billion

Blackstone (NYSE:BX) announced today that private equity funds managed by Blackstone (“Blackstone”) have entered into a definitive agreement to acquire Sphera, a leading provider of Environmental, Social and Governance (ESG) software, data, and consulting services, from Genstar Capital. The investment, which values the company at approximately $1.4 billion, would be made through Blackstone’s flagship private equity vehicle.

Jul 01, 2021 10:00 am ET

Blackstone Tactical Opportunities to Acquire the Certified Collectibles Group, a Leading Provider of Tech-Enabled Authentication, Grading and Conservation Services for the Global Collectibles Industry

Blackstone (NYSE:BX) announced today that funds managed by its Tactical Opportunities business (“Blackstone”) have agreed to acquire a majority stake in the Certified Collectibles Group (“CCG”) in a transaction valuing the company at more than $500 million. Mark Salzberg, CCG’s founder, and Steven R. Eichenbaum, CCG’s CEO, will retain a significant minority stake. Additional investors in today’s transaction include Roc Nation; Michael Rubin, founder and executive chairman of Fanatics; SC.Holdings, a growth equity platform; Mastry, founded by Rudy Cline-Thomas; Andre Iguodala; Daryl Morey, Pres

Jun 28, 2021 08:00 am ET

Exeter Finance Announces Investment from Warburg Pincus-Led Investor Group

IRVING, Texas, June 28, 2021 /PRNewswire/ -- Exeter Finance LLC, a leading indirect auto finance company, announced today that it has entered into a definitive agreement to be acquired by an investor group led by Warburg Pincus from funds managed by Blackstone (NYSE:BX). Terms of the private transaction were not disclosed.

Jun 28, 2021 07:30 am ET

Blackstone Announces Significant Investment in Simpli.fi, a Leading Programmatic Advertising Platform, at $1.5 Billion Valuation

Blackstone (NYSE:BX) announced today that private equity funds managed by Blackstone (“Blackstone”) have entered into a definitive agreement to make a significant equity investment in Simpli.fi (“Simpli.fi” or the “Company”), a leader in programmatic advertising and agency management software. Blackstone will join existing investor GTCR, a leading private equity firm, as majority shareholders in the Company. The investment, which would be made through Blackstone’s flagship private equity vehicle, values the company at approximately $1.5 billion.

Jun 22, 2021 10:30 am ET

Blackstone Hires Global Head of Diversity, Equity and Inclusion

Blackstone (NYSE:BX) today announced that Devin Glenn has joined as Global Head of Diversity, Equity and Inclusion (DEI). Glenn will be a Managing Director responsible for continuing to implement policies and initiatives that will help Blackstone achieve a more diverse and inclusive workplace at Blackstone and its portfolio companies.

Jun 22, 2021 08:00 am ET

Blackstone Real Estate Income Trust to Acquire Home Partners of America

Blackstone Real Estate Income Trust, Inc. (“BREIT”) announced today that it has entered into a definitive agreement to acquire Home Partners of America (“HPA”), valuing the company at $6.0 billion. HPA’s unique, resident-led business model expands housing access and choice, while providing a clear path to homeownership to individuals and families across the United States. BREIT’s investment in HPA will be supported by its perpetual capital, enabling a truly long-term approach to the management of the properties. Furthermore, Blackstone’s substantial experience with rental residential propertie

Jun 22, 2021 07:00 am ET

Blackstone Life Sciences, Cellex Cell Professionals, and Intellia Therapeutics Launch New CAR T-Cell Company

Blackstone (NYSE: BX) announced today that funds managed by Blackstone Life Sciences have committed $250 million towards the launch of a new autologous and allogeneic universal chimeric antigen receptor (CAR) T-cell therapy company, along with Intellia Therapeutics, Inc. (NASDAQ: NTLA) and Cellex Cell Professionals GmbH (“Cellex”), the parent company of GEMoaB GmbH (“GEMoaB”), a clinical-stage cell therapy company. The new company will combine GEMoaB’s world-leading clinical-stage universal CAR-T platforms with Intellia’s differentiated allogeneic cell platform and CRISPR cell engineering.

Jun 14, 2021 09:00 am ET

Higher Education Technology Company Ellucian to be Acquired by Blackstone and Vista Equity Partners

Blackstone (NYSE: BX) (“Blackstone”) and Vista Equity Partners (“Vista”) today announced th

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