Blackstone Group Inc (N:BX)

Apr 06, 2020 01:44 pm ET
Blackstone Announces $15 Million Donation to Help New York State; $10 Million to New York State COVID-19 First Responders Fund & $5 Million in Grants to New York City Relief Efforts
Blackstone today announced an anchor $10 million contribution to the New York State COVID-19 First Responders Fund and an additional $5 million in contributions to organizations orchestrating food delivery to healthcare workers and first responders as well as others supporting vulnerable populations in New York City.
Apr 03, 2020 08:06 am ET
Apria Is Committed to Supporting Its Patients and Local Communities
LAKE FOREST, Calif., April 3, 2020 /PRNewswire/ -- Apria Healthcare, one of the nation's largest providers of home healthcare and equipment services, is dedicating its full efforts to address the coronavirus (COVID-19) healthcare crisis. Throughout this unprecedented pandemic, Apria is partnering with hospitals, doctors, insurance providers, and suppliers to support local communities and secure proper care for patients in need....
Mar 27, 2020 09:31 am ET
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NEW YORK, March 27, 2020 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for BABA, BX, FB, TIF, and ZM....
Mar 09, 2020 04:20 pm ET
Blackstone to Acquire HealthEdge, a Leading Healthcare Technology Solutions Provider
Blackstone (NYSE:BX) today announced that funds managed by Blackstone (“Blackstone”) will acquire a majority stake in HealthEdge, a leading technology business that delivers next generation Core Administrative Processing Systems (CAPS) solutions to healthcare businesses. The investment is being led by Blackstone’s growth equity team, which is focused on providing capital to fast-growing companies and helping them leverage Blackstone’s deep operating resources and scale to become market leaders.
Mar 04, 2020 07:57 am ET
Blackstone Acquires Battery Energy Storage Pioneer, NRStor C&I
Blackstone (NYSE:BX) announced today that funds managed by Blackstone Energy Partners have completed the acquisition of NRStor C&I L.P. ("NRStor”). NRStor is a Toronto-based developer of battery storage solutions, targeting scale storage deployment opportunities in North America. Terms of the transaction were not disclosed.
Feb 26, 2020 08:15 am ET
Joe Baratta to Join Blackstone’s Board of Directors
Blackstone (NYSE:BX) today announced that Joe Baratta, the firm’s Global Head of Private Equity, will join its board of directors.
Feb 24, 2020 05:01 am ET
Blackstone Infrastructure Partners Hires Jonathan Kelly as Head of European Infrastructure
Blackstone Infrastructure Partners (BIP) today announced that Jonathan “Jon“ Kelly, formerly Managing Partner and Head of Europe for Brookfield Infrastructure, will join Blackstone as a Senior Managing Director and Head of European Infrastructure. In this role, Mr. Kelly will be responsible for the build-out of a dedicated European infrastructure team and the sourcing of investment opportunities across the region.
Feb 20, 2020 01:46 pm ET
Blackstone to Present at the Credit Suisse 21st Annual Financial Services Forum
Blackstone (NYSE:BX) announced today that Michael Chae, Chief Financial Officer, is scheduled to present at the Credit Suisse 21st Annual Financial Services Forum on Thursday, February 27, 2020 at 10:00 am ET.
Feb 14, 2020 09:54 am ET
Blackstone Hires Ann Chung as Managing Director to Lead Growth Equity Business’ Consumer Sector Investments
Blackstone (NYSE:BX) announced that Ann Chung has joined the firm as a Managing Director in its Growth Equity investing platform, Blackstone Growth (“BXG”), where she will help to lead the group’s consumer sector vertical.
Feb 03, 2020 04:15 pm ET
Blackstone Announces $1.4 Billion Final Close of Phoenix Tower International Capital Raise
Blackstone (NYSE: BX) today announced that funds managed by Blackstone Tactical Opportunities (“Tac Opps”) have completed the successful recapitalization of Phoenix Tower International (“PTI”), a leading provider of wireless communications infrastructure. Tac Opps has raised $1.4 billion of dedicated capital for PTI to execute on its global business plan across the digital infrastructure sector.
Feb 03, 2020 09:33 am ET
Blackstone Hires John Stecher as Chief Technology Officer
Blackstone (NYSE:BX) today announced that John Stecher, formerly Group Chief Technology Officer and Group Chief Innovation Officer at Barclays, will join the firm as Chief Technology Officer. John will lead Blackstone’s global technology organization and help advise the firm’s investing teams and portfolio companies on technology-related matters. He will report to Michael Chae, Blackstone’s Chief Financial Officer, and will begin this role on February 24. He succeeds Bill Murphy, who led Blackstone’s best-in-class technology platform over the past eight years. Bill will continue to serve as a
Jan 14, 2020 07:40 am ET
Blackstone Hires Former Global Atlantic Co-President and CIO Gilles Dellaert to Lead Blackstone Insurance Solutions
Blackstone (NYSE:BX) today announced that Gilles Dellaert, former Co-President and Chief Investment Officer of Global Atlantic, a leading retirement and life insurance company, will join the firm as the Global Head of Blackstone Insurance Solutions (BIS).
Jan 10, 2020 01:21 pm ET
Blackstone Announces Fourth Quarter and Full Year 2019 Investor Call
Blackstone (NYSE:BX) announced today that it will host its fourth quarter and full year 2019 investor conference call on January 30, 2020 at 9:00 a.m. EST. You can listen to the call by dialing +1 (866) 318-8619 (U.S. domestic) or +1 (617) 399-5138 (international) passcode number 149 943 55#.
Jan 10, 2020 09:40 am ET
AM Best Affirms Credit Ratings of LIA Holdings Ltd. and Its Subsidiaries
The ratings reflect Lombard International’s balance sheet strength, which AM Best categorizes as very strong, as well as its adequate operating performance, neutral business profile and appropriate enterprise risk management (ERM).
Jan 06, 2020 11:54 am ET
Byron Wien and Joe Zidle Announce Ten Surprises for 2020
Byron R. Wien, Vice Chairman together with Joe Zidle, Chief Investment Strategist in the Private Wealth Solutions group at Blackstone, today issued their list of Ten Surprises for 2020. This is the 35th 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 t
Nov 25, 2019 04:46 pm ET
Blackstone to Present at the Goldman Sachs Financial Services Conference
Blackstone (NYSE:BX) announced today that Stephen Schwarzman, Chairman, CEO and Co-Founder, is scheduled to present at the Goldman Sachs Financial Services Conference on Tuesday, December 10, 2019 at 12:50PM ET.
Nov 18, 2019 09:00 am ET
Blackstone Real Estate Income Trust Completes Acquisition of Bellagio Real Estate from MGM Resorts International for $4.25 Billion in Sale-Leaseback Transaction
Blackstone Real Estate Income Trust (“BREIT”) and MGM Resorts International (“MGM Resorts”) (NYSE:MGM) today announced the closing of the previously announced 95%/5% BREIT-led joint venture with MGM Resorts to acquire the real estate assets of the Bellagio for $4.25 billion in a sale-leaseback transaction.
Nov 08, 2019 11:00 am ET
Blackstone to Take Majority Stake in MagicLab, Owner of Bumble and Badoo, at $3 Billion Valuation
Blackstone (NYSE:BX) announced today that funds managed by Blackstone ("Blackstone") are taking a majority stake in MagicLab, which builds and operates leading dating and social networking apps, including Bumble and Badoo. The transaction values the company at approximately $3 billion.
Nov 07, 2019 08:00 am ET
Apria Delivers Essential Oxygen Equipment to Those Impacted by California Wildfires
In response to the wildfires that have plagued much of California, Apria Healthcare — one of the nation’s largest providers of home healthcare and equipment services — announced a mobilized effort to deliver critical equipment to patients in need.
Oct 23, 2019 04:16 pm ET
Blackstone Mortgage Trust Reports Third Quarter 2019 Results
NEW YORK, Oct. 23, 2019 /PRNewswire/ -- Blackstone Mortgage Trust, Inc. (NYSE: BXMT) today reported its third quarter 2019 results....
Oct 15, 2019 04:10 pm ET
Blackstone Real Estate Income Trust to Acquire the Bellagio Real Estate from MGM Resorts International for $4.25 Billion in Sale-Leaseback Transaction
Blackstone Real Estate Income Trust (“BREIT”), and MGM Resorts International (“MGM Resorts”) (NYSE: MGM) announced today that BREIT and MGM Resorts will form a 95%/5% BREIT-led joint venture to acquire the real estate assets of the Bellagio for $4.25 billion in a sale-leaseback transaction.
Oct 11, 2019 05:00 pm ET
Blackstone Mortgage Trust Announces Third Quarter 2019 Earnings Release and Conference Call
NEW YORK, Oct. 11, 2019 /PRNewswire/ -- Blackstone Mortgage Trust, Inc. (NYSE: BXMT) today announced that it will publish its third quarter 2019 earnings presentation on its website at www.bxmt.com and file its Form 10-Q after market close on Wednesday, October 23, 2019....
Oct 02, 2019 09:25 am ET
Blackstone Announces Third Quarter 2019 Investor Call
Blackstone (NYSE:BX) announced today that it will host its third quarter 2019 investor conference call on October 23, 2019 at 9:00 a.m. EDT. You can listen to the call by dialing +1 (877) 391-6747 (U.S. domestic) or +1 (617) 597-9291 (international) passcode number 149 943 55#.
Oct 02, 2019 07:30 am ET
Blackstone to Acquire 65% Controlling Interest in Great Wolf Resorts and Form New $2.9 Billion Joint Venture With Centerbridge Partners
Blackstone Real Estate Partners IX, an affiliate of Blackstone (NYSE: BX) (“Blackstone”), and affiliates of Centerbridge Partners, L.P. (“Centerbridge”, the existing owner) announced today that Blackstone is acquiring a 65% controlling interest in Great Wolf Resorts, Inc. (“Great Wolf” or the “Company”). Great Wolf is a leading owner and operator of family-oriented entertainment resorts, with 18 resorts around the country. As part of the transaction, Blackstone and Centerbridge will form a new $2.9 billion joint venture to own the Company.
Oct 01, 2019 04:40 pm ET
GridLiance Receives Approval to Acquire Majority Stake in City of Winfield Transmission Assets
DALLAS and WINFIELD, Kan., Oct. 1, 2019 /PRNewswire/ -- GridLiance, an independent transmission company, the Kansas Power Pool (KPP), and the City of Winfield, recently received final state regulatory approval from the Kansas Corporation Commission (KCC) of a long-term partnership agreement to jointly-own and improve the city's transmission facilities within the Southwest Power Pool regional transmission organization....
Sep 30, 2019 01:18 pm ET
Blackstone Closes Acquisition of Vungle, a Leading Mobile Performance Marketing Platform
NEW YORK, Sept. 30, 2019 /PRNewswire/ -- Blackstone (NYSE:BX) announced today that private equity funds managed by Blackstone ("Blackstone") have completed the previously announced acquisition of Vungle, a leading performance marketing platform for in-app video advertisements on mobile devices....
Sep 30, 2019 01:03 pm ET
Blackstone Closes Acquisition of Vungle, a Leading Mobile Performance Marketing Platform
Blackstone (NYSE:BX) announced today that private equity funds managed by Blackstone (“Blackstone”) have completed the previously announced acquisition of Vungle, a leading performance marketing platform for in-app video advertisemen
Sep 30, 2019 07:30 am ET
Blackstone to Buy U.S. Logistics Assets from Colony Capital for $5.9 Billion
Colony Capital, Inc. (NYSE: CLNY) (“Colony Capital,” or the “Company”) and Blackstone Real Estate Partners IX, an affiliate of Blackstone (NYSE: BX), announced today that they have entered into definitive agreements for Blackstone to acquire Colony Industrial, the industrial real estate assets and affiliated industrial operating platform of Colony Capital, for an aggregate purchase price of $5.9 billion.
Sep 26, 2019 02:19 pm ET
Blackstone Completes the Acquisition of U.S. Logistics Assets from GLP, Adding to Firm’s Leading Global Portfolio
Blackstone (NYSE:BX) today announced that it has closed on its previously announced acquisition of U.S. logistics assets from three of GLP’s U.S. funds for a purchase price of $18.7 billion.
Sep 19, 2019 09:31 am ET
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NEW YORK, Sept. 19, 2019 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for BX, FDX, GS, INTC, and ROKU....
Sep 16, 2019 04:16 pm ET
Blackstone Mortgage Trust Declares $0.62 Per Share Dividend
NEW YORK, Sept. 16, 2019 /PRNewswire/ -- Blackstone Mortgage Trust, Inc. (NYSE: BXMT) declared a dividend of $0.62 per share of class A common stock with respect to the third quarter of 2019. This dividend is payable on October 15, 2019 to stockholders of record as of the close of business on September 30, 2019....
Sep 16, 2019 09:31 am ET
Thinking about trading options or stock in Blackstone, NVIDIA, Philip Morris, Roku, or Starbucks?
NEW YORK, Sept. 16, 2019 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for BX, NVDA, PM, ROKU, and SBUX....
Sep 11, 2019 05:10 pm ET
Blackstone Announces $20.5 Billion Final Close for Latest Global Real Estate Fund
Blackstone (NYSE:BX) today announced the final close of its latest global real estate fund, Blackstone Real Estate Partners IX (“BREP IX”). BREP IX has $20.5 billion of total capital commitments — the largest real estate fund ever raised. Blackstone is also currently investing two regional opportunistic funds, the €7.9 billion BREP Europe V and the $7.2 billion BREP Asia II.
Sep 11, 2019 11:08 am ET
Blackstone Hires Raymond Chan as a Portfolio Manager for Registered Funds Platform
Blackstone (NYSE: BX) today announced that Raymond Chan has joined the firm as a Managing Director on the Portfolio Management and Investment Research team in Blackstone Alternative Asset Management (BAAM). Raymond will serve as a portfolio manager for BAAM’s registered funds platform.
Sep 10, 2019 04:12 pm ET
Blackstone Completes Senior Notes Offering
Blackstone (NYSE: BX) has completed its previously announced offering of $500 million of 2.500% senior notes due 2030 and $400 million of 3.500% senior notes due 2049 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, together with cash on hand or available liq
Sep 10, 2019 06:40 am ET
Blackstone Announces Expiration and Results of Tender Offer for Any and All of Its 5.875% Senior Notes Due 2021
Blackstone (NYSE: BX) today announced the expiration and results of the previously announced cash tender offer by Blackstone Holdings Finance Co. L.L.C. (the “Company”) for any and all of its 5.875% Senior Notes due 2021 (the “Notes”).
Sep 09, 2019 02:39 pm ET
Blackstone Announces Pricing of Tender Offer for Any and All of Its 5.875% Senior Notes Due 2021
Blackstone (NYSE: BX) today announced the pricing of the previously announced cash tender offer by Blackstone Holdings Finance Co. L.L.C. (the “Company”) for any and all of its 5.875% Senior Notes due 2021 listed in the table below (the “Notes”). The tender offer is being made on the terms and subject to the conditions set forth in the offer to purchase dated September 3, 2019 and the related letter of transmittal and notice of guaranteed delivery.
Sep 09, 2019 09:00 am ET
Blackstone to Name Vik Sawhney Chief Administrative Officer, Global Head of Investor Relations and Business Development
Blackstone (NYSE: BX) announced today that Vik Sawhney, Chief Operating Officer of Blackstone’s private equity business, will become the firm’s first Chief Administrative Officer and Global Head of Investor Relations and Business Development (IRBD), effective January 1, 2020.
Sep 03, 2019 06:34 pm ET
Blackstone Prices $900 Million Senior Notes Offering
Blackstone (NYSE: BX) priced its offering of $500 million of 2.500% senior notes due 2030 and $400 million of 3.500% senior notes due 2049 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, together with cash on hand or available liquidity, to repurchase an
Sep 03, 2019 09:05 am ET
Blackstone Commences Tender Offer for any and all of its 5.875% Senior Notes Due 2021
Blackstone (NYSE: BX) today announced that Blackstone Holdings Finance Co. L.L.C. (the “Company”) has commenced a cash tender offer for any and all of its 5.875% Senior Notes due 2021 (the “Notes”). The tender offer is being made on the terms and subject to the conditions set forth in the Offer to Purchase dated September 3, 2019 (“Offer to Purchase”) and the related Letter of Transmittal (“Letter of Transmittal”) and Notice of Guaranteed Delivery (“Notice of Guaranteed Delivery”).
Sep 03, 2019 09:05 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, together with cash on hand or available liquidity, to repurchase any and all of its outstand
Aug 29, 2019 08:15 am ET
Bennett Goodman to Retire from Blackstone
Blackstone (NYSE:BX) today announced that Bennett Goodman, Co-Founder of GSO Capital Partners LP (“GSO”), intends to step down from his full time role with the firm, and the Board of Directors, at the end of the year. He will remain Chairman of GSO’s Business Development Company (“BDC”) and will serve as a Senior Advisor to the firm. Dwight Scott, who was appointed President of GSO in 2017, will continue to oversee the management of the business.
Aug 21, 2019 10:52 am ET
Blackstone Hires Ram Jagannath as a Senior Managing Director for Growth Equity Investing
Blackstone (NYSE:BX) announced that Ram Jagannath, an investor with more than two decades of experience in the healthcare and technology sectors, has joined the firm as a Senior Managing Director in its recently launched Growth Equity investing platform. Mr. Jagannath will lead healthcare investing for Blackstone’s growth equity business.
Aug 12, 2019 04:23 pm ET
Blackstone Hires Limin Wang as a Managing Director in Quantitative Research
Blackstone (NYSE: BX) today announced that Limin Wang has joined the firm as a Managing Director on the Quantitative Research team in Blackstone Alternative Asset Management (BAAM).
Aug 01, 2019 10:54 am ET
GridLiance Closes $185 Million Debt Financing
DALLAS, Aug. 1, 2019 /PRNewswire/ -- GridLiance, an independent electric transmission company, today announced that its subsidiary, GridLiance Western Holdings, and transmission company, GridLiance West, closed on two new revolving credit facilities with commitments totaling $185 million. The new five-year $80 million revolving credit facility for GridLiance Western Holdings and $105 million five-year revolving credit facility at GridLiance West will be used to repay current debt and related transaction costs while creating significant financial capacity and flexibility to support GridLiance...
Jul 23, 2019 04:16 pm ET
Blackstone Mortgage Trust Reports Second Quarter 2019 Results
NEW YORK, July 23, 2019 /PRNewswire/ -- Blackstone Mortgage Trust, Inc. (NYSE: BXMT) today reported its second quarter 2019 results....
Jul 18, 2019 09:55 am ET
Blackstone Infrastructure Partners Closes on $14Bn in Commitments in its Inaugural Fundraising Phase
Blackstone (NYSE: BX) today announced that it has held the final close of its inaugural fundraising phase for Blackstone Infrastructure Partners (BIP). Together with previously announced commitments, this closing brings total commitments for BIP to $14 billion.
Jul 18, 2019 09:31 am ET
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NEW YORK, July 18, 2019 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for BX, CODX, GE, NFLX, and SFET....
Jul 18, 2019 07:00 am ET
The Blackstone Group LP to Host Earnings Call
NEW YORK, NY / ACCESSWIRE / July 18, 2019 / The Blackstone Group LP (NYSE: BX) will be discussing their earnings results in their 2019 Second Quarter Earnings to be held on July 18, 2019 at 9:00 AM Eastern Time.
Jul 17, 2019 04:00 pm ET
Blackstone Hires Gabriel Sod Hoffs as New Head of Emerging Markets and Global Macro Strategies
Blackstone (NYSE: BX) today announced that Gabriel Sod Hoffs has joined Blackstone Alternative Asset Management (BAAM) as a Managing Director and Head of Emerging Markets and Global Macro Strategy.
Jul 17, 2019 08:30 am ET
Blackstone Strategic Partners Closes Eighth Fund at $11.1 Billion
Strategic Partners, Blackstone’s (NYSE:BX) secondary and fund solutions business, announced today the final close on over $11 billion for Strategic Partners VIII L.P. and its related committed program vehicles (collectively, “SP VIII”). Strategic Partners is one of the world’s largest global secondary platforms, providing investors the opportunity to monetize and manage their illiquid investment holdings. Similar to past funds, SP VIII’s diversified investor base comprises pension funds, sovereign wealth funds, financial institutions, endowments, foundations, family offices and high net worth
Jul 15, 2019 01:09 pm ET
Blackstone Announces Agreement to Acquire Vungle, a Leading Mobile Performance Marketing Platform
NEW YORK, July 15, 2019 /PRNewswire/ -- Blackstone (NYSE:BX) announced today that private equity funds managed by Blackstone ("Blackstone") have agreed to acquire Vungle, a leading performance marketing platform for in-app video advertisements on mobile devices.       ...
Jul 15, 2019 01:00 pm ET
Blackstone Announces Agreement to Acquire Vungle, a Leading Mobile Performance Marketing Platform
Blackstone (NYSE:BX) announced today that private equity funds managed by Blackstone (“Blackstone”) have agreed to acquire Vungle, a leading performance marketing platform for in-app video advertisements on mobile devices.
Jul 12, 2019 05:00 pm ET
Blackstone Mortgage Trust Announces Second Quarter 2019 Earnings Release and Conference Call
NEW YORK, July 12, 2019 /PRNewswire/ -- Blackstone Mortgage Trust, Inc. (NYSE: BXMT) today announced that it will publish its second quarter 2019 earnings presentation on its website at www.bxmt.com and file its Form 10-Q after market close on Tuesday, July 23, 2019....
Jul 08, 2019 09:07 am ET
GridLiance Expands Executive Team with Appointment of Richard Evans as Senior Vice President of Capital Execution
DALLAS, July 8, 2019 /PRNewswire/ -- GridLiance, an independent electric transmission company, today announced the appointment of Richard Evans as senior vice president of capital execution, effective July 16, 2019. Evans will report directly to GridLiance President and CEO Calvin Crowder and serve as a member of the company's executive team. Evans will be responsible for all capital programs for the company as GridLiance expands its national footprint and invests in improving the reliability and resiliency of the grid....
Jul 02, 2019 09:31 am ET
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NEW YORK, July 2, 2019 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for BAC, BX, KO, SCHW, and TWTR....
Jul 01, 2019 08:00 am ET
Blackstone Completes Conversion to a Corporation
Blackstone today announced that it has completed its previously announced conversion to a corporation from a publicly traded partnership.
Jun 26, 2019 05:25 pm ET
Blackstone Announces Second Quarter 2019 Investor Call
Blackstone (NYSE:BX) announced today that it will host its second quarter 2019 investor conference call on July 18, 2019 at 9:00 a.m. EST. You can listen to the call by dialing +1 (877) 391-6747 (U.S. domestic) or +1 (617) 597-9291 (international) passcode number 149 943 55#.
Jun 26, 2019 09:00 am ET
Dan Oneglia to Join Blackstone’s GSO as Co-Head of Distressed Investing
Blackstone (NYSE: BX) today announced that its global credit platform, GSO Capital Partners (GSO), has hired Dan Oneglia as a Senior Managing Director and Co-Head of its Distressed Investing business. Mr. Oneglia joins from Goldman Sachs where he spent 20 years, and most recently served as a Portfolio Manager and Head of Multi-Strategy Investing in the Americas Special Situations Group. He started his career in the Debt Capital Markets group at Goldman before joining the Multi-Strategy Investing team in 2004.
Jun 14, 2019 10:01 am ET
GSO Capital Partners' Second Energy Select Opportunities Fund Strategy Closes on $4.5 Billion in LP Commitments
GSO Capital Partners, Blackstone’s (NYSE: BX) credit platform, today announced the final closing of the GSO Energy Select Opportunities Fund II strategy (“the Fund”), at $4.5 billion. With strong support from both existing and new investors, the Fund is among the largest dedicated energy-focused credit funds in the market. GSO sourced commitments from a global investor base, including U.S. state, corporate and international pension funds, financial institutions, endowments, foundations and family offices.
Jun 02, 2019 09:00 pm ET
Blackstone to Buy U.S. Logistics Assets from GLP for $18.7 Billion
GLP and Blackstone today announced that they have entered into an agreement for Blackstone to acquire assets from three of GLP’s U.S. funds for a purchase price of $18.7 billion. This overall transaction totals 179 million square feet of urban, infill logistics assets, nearly doubling the size of Blackstone’s existing U.S. industrial footprint. Blackstone Real Estate’s global opportunistic BREP strategy will acquire 115 million square feet for $13.4 billion and its income-oriented non-listed REIT, Blackstone Real Estate Income Trust (BREIT), wil
May 31, 2019 03:40 pm ET
Blackstone to Present at the Morgan Stanley Financials Conference
Blackstone (NYSE:BX) announced today that Jon Gray, President & Chief Operating Officer, is scheduled to present at the Morgan Stanley Financials Conference on Wednesday, June 12, 2019 at 12:00 pm ET.
May 16, 2019 09:47 pm ET
Marlin Equity Partners Announces Strategic Minority Investment by Blackstone
LOS ANGELES and LONDON, May 16, 2019 /CNW/ -- Marlin Equity Partners, a global investment firm, today announced that Blackstone's (NYSE: BX) Strategic Capital Group has made a passive, minority investment in the firm.  ...
May 16, 2019 09:47 pm ET
Marlin Equity Partners Announces Strategic Minority Investment by Blackstone
LOS ANGELES and LONDON, May 16, 2019 /PRNewswire/ -- Marlin Equity Partners, a global investment firm, today announced that Blackstone's (NYSE: BX) Strategic Capital Group has made a passive, minority investment in the firm.  ...
May 13, 2019 10:25 am ET
Superbet Announces €175m Strategic Minority Equity Investment from Blackstone
BUCHAREST, ROMANIA and LONDON, UK / ACCESSWIRE / May 13, 2019 / Superbet (the "Company"), the largest omni-channel sports betting and gaming operator in Romania, and Blackstone (NYSE: BX) announce a €175m strategic minority equity investment in Superbet by funds managed or advised by Blackstone's Tactical Opportunities business. Terms of the transaction were not disclosed.
May 10, 2019 05:00 pm ET
Blackstone Mortgage Trust to Present at the 2019 KBW Real Estate Finance and Asset Management Conference
NEW YORK, May 10, 2019 /PRNewswire/ -- Blackstone Mortgage Trust, Inc. (NYSE: BXMT) announced today that Steve Plavin, President and Chief Executive Officer, will participate in a panel discussion at the 2019 Keefe, Bruyette & Woods Real Estate Finance and Asset Management Conference in New York, NY on Thursday, May 30, 2019 at 10:40 am ET....
May 06, 2019 07:11 am ET
Blackstone Launches Impact Investing Platform
Blackstone (NYSE:BX) today announced the launch of a new impact investing platform that will be part of the firm’s Strategic Partners group. The platform will seek to deliver positive financial impact while addressing four specific investment themes— Health & Wellbeing, Financial Access, Sustainable Communities and Green Technologies.
May 01, 2019 06:55 pm ET
Blackstone Closes Sale of Cloverleaf Cold Storage to Americold Realty Trust
Blackstone (NYSE:BX) today announced that private equity funds managed by Blackstone have completed the sale of Cloverleaf Cold Storage (“Cloverleaf”) to Americold Realty Trust (NYSE: COLD) (“Americold”), the world’s largest publicly traded REIT focused on the ownership, operation and development of temperature-controlled warehouses.
Apr 23, 2019 04:16 pm ET
Blackstone Mortgage Trust Reports First Quarter 2019 Results
NEW YORK, April 23, 2019 /PRNewswire/ -- Blackstone Mortgage Trust, Inc. (NYSE: BXMT) today reported its first quarter 2019 results....
Apr 22, 2019 12:44 pm ET
MSD Partners, L.P. to Acquire Boca Raton Resort & Club
NEW YORK and BOCA RATON, Fla., April 22, 2019 /PRNewswire/ -- MSD Partners, L.P. today announced that it has entered into a definitive agreement to acquire the Boca Raton Resort & Club from an affiliate of Blackstone (NYSE: BX). ...
Apr 22, 2019 09:31 am ET
Option-trading opportunities on Altaba Inc., Apple Inc., The Blackstone Group, Microsoft Corp., Stoneco Ltd.
NEW YORK, April 22, 2019 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for AABA, AAPL, BX, MSFT, and STNE....
Apr 18, 2019 09:31 am ET
Thinking about buying stock in The Blackstone Group, Canopy Growth Corp., Ideal Power Inc., Lyft Inc., or Uxin Ltd.?
NEW YORK, April 18, 2019 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for BX, CGC, IPWR, LYFT, and UXIN....
Apr 11, 2019 09:00 am ET
Former Senator Kelly Ayotte to Join Blackstone’s Board of Directors
Blackstone (NYSE:BX) today announced that former Senator Kelly Ayotte will join its board of directors effective May 13, 2019.
Apr 10, 2019 06:15 pm ET
Blackstone Completes 10-Year Euro-Denominated Senior Notes Offering
Blackstone (NYSE: BX) has completed its previously announced offering of €600 million of 1.500% senior notes due 2029 of Blackstone Holdings Finance Co. L.L.C., its indirect subsidiary. The notes are fully and unconditionally guaranteed by The Blackstone Group L.P. 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.
Apr 03, 2019 05:00 pm ET
Blackstone Mortgage Trust Announces First Quarter 2019 Earnings Release and Conference Call
NEW YORK, April 3, 2019 /PRNewswire/ -- Blackstone Mortgage Trust, Inc. (NYSE: BXMT) today announced that it will publish its first quarter 2019 earnings presentation on its website at www.bxmt.com and file its Form 10-Q after market close on Tuesday, April 23, 2019....
Apr 02, 2019 04:15 pm ET
Blackstone Prices 10-Year Senior Notes Offering
Blackstone (NYSE: BX) priced its offering of €600 million of 1.500% senior notes due 2029 of Blackstone Holdings Finance Co. L.L.C., its indirect subsidiary. The notes will be fully and unconditionally guaranteed by The Blackstone Group L.P. 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. FCA/ICMA stabilization applies.
Apr 02, 2019 03:27 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 The Blackstone Group L.P. 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 purp
Mar 28, 2019 09:24 am ET
Bob Carroll to Join GSO as Head of Distressed Trading
Blackstone (NYSE: BX) today announced that its global credit platform, GSO Capital Partners (GSO), has hired Bob Carroll as a Managing Director and Head of Distressed Trading. In this role, he will oversee all trading activity relating to GSO’s expansive public distressed efforts.
Mar 26, 2019 03:18 pm ET
SERVPRO, Leading Franchisor of Residential and Commercial Property Damage Restoration Services, Announces Recapitalization and Long-Term Partnership with Blackstone
SERVPRO and Blackstone (NYSE:BX) announced today that private equity funds managed by Blackstone (“Blackstone”) have recapitalized SERVPRO, a leading franchisor of residential and commercial property damage restoration services. Blackstone is acquiring a majority stake in SERVPRO as part of Blackstone’s Core Private Equity strategy, which is designed to hold investments for longer periods of time than traditional private equity. The Isaacson family will be re-investing alongside Blackstone and will continue to be significant shareholders in the
Mar 26, 2019 07:30 am ET
New Research Coverage Highlights The Blackstone Group, Arena Pharmaceuticals, Arrow Electronics, AdvanSix, KBR, and RPM International — Consolidated Revenues, Company Growth, and Expectations for 2019
In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors, traders, and shareholders of The Blackstone Group L.P. (NYSE:BX), Arena Pharmaceuticals, Inc....
Mar 25, 2019 11:30 am ET
Blackstone Announces First Quarter 2019 Investor Call
Blackstone (NYSE:BX) announced today that it will host its first quarter 2019 investor conference call on Thursday, April 18, 2019 at 9:00 a.m. ET. You can listen to the call by dialing +1 (877) 391-6747 (U.S. domestic) or +1 (617) 597-9291 (international) passcode number 149 943 55#.
Mar 15, 2019 04:16 pm ET
Blackstone Mortgage Trust Declares $0.62 Per Share Dividend
NEW YORK, March 15, 2019 /PRNewswire/ -- Blackstone Mortgage Trust, Inc. (NYSE: BXMT) today declared a dividend of $0.62 per share of class A common stock with respect to the first quarter of 2019. This dividend is payable on April 15, 2019 to stockholders of record as of the close of business on March 29, 2019....
Mar 15, 2019 10:08 am ET
Blackstone Signs Definitive Agreement to Acquire AYUMI Pharmaceutical
Blackstone (NYSE: BX) announced today that private equity funds managed by Blackstone (“Blackstone”) have entered into a definitive agreement to acquire AYUMI Pharmaceutical Corporation (“AYUMI” or “the Company”), a leading specialty pharmaceutical company in Japan focused on Anti-Rheumatism and Orthopedics, from Unison Capital, an independent private equity firm based in Japan, and M3, Inc., a medical information site business.
Mar 11, 2019 04:15 pm ET
Blackstone Infrastructure Partners Closes Purchase of Controlling Interest in Tallgrass Energy
Tallgrass Energy, LP (NYSE: TGE) and Blackstone (NYSE: BX) today announced that affiliates of Blackstone Infrastructure Partners (“BIP") have closed the purchase of 100 percent of the membership interests in TGE’s general partner, as well as an approximately 44 percent economic interest in Tallgrass Energy from affiliates of Kelso & Company, The Energy & Minerals Group and Tallgrass KC, LLC, an entity owned by certain members of TGE’s management, for total cash consideration of approximately $3.2 billion. Affiliates of GIC, Singapore’s sovereign
Mar 11, 2019 08:45 am ET
GSO Announces Opening of San Francisco and Toronto Offices
Blackstone (NYSE:BX) today announced that its global credit platform, GSO Capital Partners (GSO), is further expanding its North American origination effort to include two new office locations in San Francisco and Toronto.
Mar 10, 2019 09:20 am ET
Blackstone Infrastructure Partners Announces Growth-Oriented Investment in Carrix, One of the World’s Largest Marine Terminal Operators
Blackstone (NYSE:BX) today announced that funds affiliated with Blackstone Infrastructure Partners (BIP), have made a growth-oriented investment in Carrix, the largest marine terminal operator in the U.S. and in the Americas. Terms of the transaction were not disclosed.
Mar 06, 2019 03:05 pm ET
GI Partners Announces Strategic Minority Investment by Blackstone
SAN FRANCISCO, March 6, 2019 /PRNewswire/ -- GI Partners, a leading middle-market alternative asset manager, announced today that funds affiliated with Blackstone's (NYSE: BX) Strategic Capital Group has acquired a minority stake in the firm....
Feb 28, 2019 09:08 am ET
GSO Capital Partners Announces the Expansion of its Partnership with Sequel Energy Group to Pursue Drilling Joint Ventures and Non-Operated Oil & Gas Transactions
GSO Capital Partners LP (“GSO”), the credit platform of Blackstone (NYSE: BX), is pleased to announce the formation of Sequel Energy Group II LLC (“Sequel II” or the “Company”), a private, Denver based oil and gas company. GSO and the current management team, led by industry veterans Doug York, Jeff Hemphill and Dave Kornder, formed Sequel Energy Group LLC (“Sequel I”) in November 2016 with an initial capital commitment in excess of $500 million. Over the past two years, Sequel I has successfully deployed this capital in four separate drilling j
Feb 27, 2019 12:01 am ET
Blackstone Life Sciences and Novartis Launch Anthos Therapeutics to Develop Innovative Medicines for Cardiovascular Disease
Blackstone Life Sciences today announced the launch of Anthos Therapeutics Inc. (“Anthos”), a new biopharmaceutical company focused on advancing next-generation targeted therapies for high-risk cardiovascular patients.
Feb 25, 2019 09:00 am ET
TITUS Strengthens Commitment to Establishing Worldwide Channel Program with Appointment of Chief Revenue Officer Mike Kuehn
TITUS, a leading provider of data protection solutions and a Blackstone (NYSE:BX) portfolio company, today announced that Mik
Feb 20, 2019 04:00 pm ET
Blackstone Mortgage Trust to Present at the Citi 2019 Global Property CEO Conference
NEW YORK, Feb. 20, 2019 /PRNewswire/ -- Blackstone Mortgage Trust, Inc. (NYSE: BXMT) announced today that Steve Plavin, President and Chief Executive Officer, will present at the Citi 2019 Global Property CEO Conference in Hollywood, FL on Monday, March 4, 2019 at 5:00 p.m. ET....
Feb 20, 2019 07:30 am ET
Recent Analysis Shows NVIDIA, Molson Coors Brewing, Invacare, The Blackstone Group, Inovio Pharmaceuticals, and Tech Data Market Influences — Renewed Outlook, Key Drivers of Growth
In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of NVIDIA Corporation (NASDAQ:NVDA), Molson Coors Brewing Company (NYSE:TAP),...
Feb 12, 2019 03:16 pm ET
Blackstone Mortgage Trust Reports Fourth Quarter and Full Year 2018 Results
NEW YORK, Feb. 12, 2019 /PRNewswire/ -- Blackstone Mortgage Trust, Inc. (NYSE:BXMT) today reported its fourth quarter and full year 2018 results. Net income for the fourth quarter was $74 million, or $0.61 per share, and for the full year was $285 million, or $2.50 per share. ...
Feb 05, 2019 08:30 am ET
Blackstone Energy Partners Announces Its Partnership with Waterfield Midstream – a Permian Basin Oil & Gas Water Management Platform
Today, Blackstone (NYSE:BX) (“Blackstone”) announced that funds managed by Blackstone Energy Partners L.P. have formed Waterfield Midstream (“Waterfield”), a full-cycle provider of water management services, including water gathering, treatment, recycling and disposal, to provide solutions to producers in the Permian Basin. Waterfield is Blackstone’s water midstream platform in the Permian Basin and has a $500 million equity commitment to pursue greenfield development and acquisitions of water-related infrastructure, helping producers minimize t
Feb 01, 2019 01:27 pm ET
Blackstone to Present at the Credit Suisse 20th Annual Financial Services Forum
Blackstone (NYSE:BX) announced today that Joan Solotar, Senior Managing Director and Head of Private Wealth Solutions and External Relations, is scheduled to present at the Credit Suisse 20th Annual Financial Services Forum on Tuesday, February 12th, 2019 at 10:40 am ET.
Jan 31, 2019 06:45 am ET
Blackstone Infrastructure Partners Enters into Definitive Agreement to Acquire Controlling Interest in Tallgrass Energy
Tallgrass Energy, LP (NYSE: TGE) and Blackstone (NYSE: BX) today announced that affiliates of Blackstone Infrastructure Partners (“BIP”) have entered into a definitive agreement with affiliates of Kelso & Co., The Energy & Minerals Group, and Tallgrass KC, LLC, an entity owned by certain members of TGE’s management, to acquire 100% of the membership interests in TGE’s general partner, as well as an approximately 44% economic interest in Tallgrass, for total cash consideration of approximately $3.3 billion. Affiliates of GIC, Singapore’s sovereig
Jan 29, 2019 05:04 pm ET
GridLiance and City of Winfield Announce Transmission Partnership
DALLAS and WINFIELD, Kan., Jan. 29, 2019 /PRNewswire/ -- GridLiance, an independent transmission company, and the City of Winfield, Kansas today announced a long-term partnership to jointly-own and improve the city's transmission facilities. Under the agreement, GridLiance will acquire a 65 percent ownership stake in 29-miles of Winfield's 69-kV transmission line and terminal equipment within five substations and invest in a needed reliability upgrade. Winfield will continue to perform operations and maintenance field services for the jointly-owned transmission facilities....
Jan 25, 2019 05:00 pm ET
Blackstone Mortgage Trust Announces Tax Treatment Of 2018 Dividends
NEW YORK, Jan. 25, 2019 /PRNewswire/ -- Blackstone Mortgage Trust, Inc. (NYSE: BXMT) today announced the tax treatment of its 2018 class A common stock dividends. The following table summarizes Blackstone Mortgage Trust's class A common stock dividend payments for the tax year ended December 31, 2018:...
Jan 23, 2019 04:00 pm ET
Blackstone Mortgage Trust Announces Fourth Quarter and Full Year 2018 Earnings Release and Conference Call
NEW YORK, Jan. 23, 2019 /PRNewswire/ -- Blackstone Mortgage Trust, Inc. (NYSE: BXMT) today announced that it will publish its fourth quarter and full year 2018 earnings presentation on its website at www.bxmt.com and file its Form 10-K after market close on Tuesday, February 12, 2019....
Jan 14, 2019 08:00 am ET
Blackstone Hires Jon Korngold to Lead New Growth Equity Investing Platform
Blackstone (NYSE:BX) today announced that Jon Korngold, a former senior leader at General Atlantic, will join the firm as a Senior Managing Director and head of Blackstone’s Growth Equity investing platform. Jon will be responsible for building and running this new platform which will provide capital to companies during the critical phase between venture capital investments and traditional buyouts.
Jan 04, 2019 07:30 am ET
New Research: Key Drivers of Growth for The Blackstone Group, Barnes & Noble, Verastem, Littelfuse, Essendant, and Anworth Mortgage Asset — Factors of Influence, Major Initiatives and Sustained Produc
In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors, traders, and shareholders of The Blackstone Group L.P. (NYSE:BX), Barnes & Noble, Inc. (NYSE:BKS),...
Jan 03, 2019 03:30 pm ET
Blackstone Announces Fourth Quarter and Full Year 2018 Investor Call
Blackstone (NYSE:BX) announced today that it will host its fourth quarter and full year 2018 investor conference call on Thursday, January 31, 2019 at 9:00 a.m. ET. You can listen to the call by dialing +1 (877) 391-6747 (U.S. domestic) or +1 (617) 597-9291 (international) passcode number 149 943 55#.
Jan 03, 2019 12:00 pm ET
Byron Wien Announces Ten Surprises for 2019
Byron R. Wien, Vice Chairman in the Private Wealth Solutions group at Blackstone, today issued his list of Ten Surprises for 2019. This is the 34th 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.
Dec 18, 2018 09:00 am ET
Beacon Offshore Energy Announces Expansion of Deepwater Commitment and Leadership Team
Beacon Offshore Energy LLC (“Beacon”), an exploration and production company focused on exploring, developing, acquiring and operating upstream oil and gas properties in the deepwater Gulf of Mexico (“GOM”), wholly owned by funds managed by Blackstone Energy Partners, an affiliate of Blackstone (NYSE:BX), announced today that Scott Gutterman has joined Beacon as its Chairman and Chief Executive Officer. In addition, industry veterans Paul Dailly and John Hollowell have agreed to join Beacon’s Board of Managers.
Dec 13, 2018 03:16 pm ET
Blackstone Mortgage Trust Declares $0.62 Per Share Dividend
NEW YORK, Dec. 13, 2018 /PRNewswire/ -- Blackstone Mortgage Trust, Inc. (NYSE: BXMT) today declared a dividend of $0.62 per share of class A common stock with respect to the fourth quarter of 2018. This dividend is payable on January 15, 2019 to stockholders of record as of the close of business on December 31, 2018....
Nov 30, 2018 11:25 am ET
Blackstone Completes the Acquisition of Clarus, Establishing a New Life Sciences Investment Platform
Blackstone (NYSE:BX) today announced that it has closed on its previously announced acquisition of Clarus, a leading global life sciences investment firm. Going forward, the business will operate as Blackstone Life Sciences, while historical funds will retain the Clarus name.
Nov 28, 2018 04:15 pm ET
Blackstone to Present at the Goldman Sachs Financial Services Conference
Blackstone (NYSE:BX) announced today that Stephen Schwarzman, Chairman, CEO and Co-Founder, is scheduled to present at the Goldman Sachs Financial Services Conference on Tuesday, December 4, 2018 at 12:40pm ET.
Nov 01, 2018 09:00 am ET
Factors of Influence in 2018, Key Indicators and Opportunity within The Blackstone Group, Silicon Laboratories, Vista Gold, Tower Semiconductor, Deluxe, and Select Income REIT — New Research Emphasize
In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors, traders, and shareholders of The Blackstone Group L.P. (NYSE:BX), Silicon Laboratories, Inc....
Nov 01, 2018 09:00 am ET
Medela and Apria Announce Nationwide Distribution Agreement for Negative Pressure Wound Therapy
MCHENRY, Ill. and LAKE FOREST, Calif., Nov. 1, 2018 /PRNewswire/ -- Medela LLC announced today that Apria Healthcare, one of the nation's largest providers of home healthcare and equipment services, will begin distributing Medela's negative pressure wound therapy (NPWT) product line on a national basis....
Oct 25, 2018 04:30 pm ET
Blackstone to Present at the Bank of America Merrill Lynch Future of Financials Conference
Blackstone (NYSE:BX) announced today that Michael Chae, Chief Financial Officer, is scheduled to present at the Bank of America Merrill Lynch Future of Financials Conference on Tuesday, November 6, 2018 at 2:05 pm ET.
Oct 23, 2018 04:16 pm ET
Blackstone Mortgage Trust Reports Third Quarter 2018 Results
NEW YORK, Oct. 23, 2018 /PRNewswire/ -- Blackstone Mortgage Trust, Inc. (NYSE: BXMT) today reported its third quarter 2018 results. ...
Oct 23, 2018 04:15 pm ET
Blackstone Energy Partners Announces Acquisition of Ulterra Drilling Technologies from American Securities
Blackstone Energy Partners announced today that it has entered into binding agreements to acquire a controlling, majority interest in Ulterra Drilling Technologies (“Ulterra” or the “Company”) from affiliates of American Securities LLC. American Securities and certain members of management will retain a minority equity interest in the Company going forward. Financial terms were not disclosed. The transaction is expected to close prior to year-end 2018.
Oct 17, 2018 08:30 am ET
Ares Management, SMW Hospitality & Trinity Investments Sell Ritz-Carlton, Kapalua in Maui
A joint venture among funds managed by the Real Estate Group of Ares Management, L.P. (NYSE:ARES), SMW Hospitality LLC (a joint venture between affiliates of Square Mile Capital Management LLC (“Square Mile Capital”) and Wafra Inc.), and Trinity Real Estate Investments LLC, today announced the sale of The Ritz-Carlton, Kapalua in Maui, Hawaii, to Blackstone Real Estate Partners, an affiliate of Blackstone Group (NYSE:BX).
Oct 10, 2018 11:16 am ET
GridLiance Closes on $65 Million Revolving Credit Facility
GridLiance High Plains, an independent transmission company and subsidiary of GridLiance Holdco, LP (GridLiance), recently closed on a $65 million revolving credit facility with KeyBank, N.A. The revolver will be used to finance the company’s growth, support capital projects and fund general corporate expenses.
Oct 10, 2018 07:40 am ET
Report: Developing Opportunities within Brunswick, Pebblebrook Hotel Trust, Avaya, Braskem S.A, CymaBay Therapeutics, and The Blackstone Group — Future Expectations, Projections Moving into 2018
In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Brunswick Corporation (NYSE:BC), Pebblebrook Hotel Trust (NYSE:PEB), Avaya...
Oct 04, 2018 06:00 am ET
Blackstone Announces Agreement to Acquire Clarus, a Leading Life Sciences Investment Firm
Blackstone (NYSE:BX) today announced that it has agreed to acquire Clarus, a leading global life sciences investment firm that has raised $2.6 billion since its founding. Clarus, with offices in the life sciences hubs of Boston and San Francisco, is focused on funding growth-stage investments, often in partnership with major biopharmaceutical companies through R&D collaborations. These investments bring to market promising new medicines that improve patients’ lives. Clarus is led by a team of seasoned experts who have invested in more tha
Oct 03, 2018 05:00 pm ET
Blackstone Mortgage Trust Announces Third Quarter 2018 Earnings Release and Conference Call
NEW YORK, Oct. 3, 2018 /PRNewswire/ -- Blackstone Mortgage Trust, Inc. (NYSE: BXMT) today announced that it will publish its third quarter 2018 earnings presentation on its website at www.bxmt.com and file its Form 10-Q after market close on Tuesday, October 23, 2018....
Oct 01, 2018 04:05 pm ET
Blackstone-Led Consortium Completes Partnership Transaction with Thomson Reuters for Financial & Risk Business
A consortium led by Blackstone (NYSE:BX) today announced that private equity funds managed by Blackstone (“Blackstone”) – together with Canada Pension Plan Investment Board (“CPPIB”) and GIC – have completed the previously announced partnership transaction with Thomson Reuters (TSX / NYSE: TRI) for Thomson Reuters’ Financial & Risk (F&R) business. The Blackstone-led consortium now owns 55 percent of the equity in a new corporation created to hold the F&R business, and Thomson Reuters retains a 45 percent equity stake, at an overall valuation of
Sep 26, 2018 01:00 pm ET
Blackstone Hires Chief Risk Officer and Marketing Head for Blackstone Insurance Solutions Business
Blackstone (NYSE:BX) today announced additional senior hires for its Blackstone Insurance Solutions (BIS) group, as it continues to expand that business, which is dedicated to delivering the firm’s private credit and investment management expertise to insurers.
Sep 20, 2018 04:04 pm ET
Blackstone Real Estate Income Trust Completes Previously Announced Acquisition of $1.2 Billion EDR Student Housing Portfolio in a Joint Venture with Greystar
Blackstone Real Estate Income Trust, Inc. (“BREIT”) today completed the previously announced acquisition of the EdR Student Housing Portfolio (the “Portfolio”) for $1.2 billion in a 95%/5% joint venture with Greystar Real Estate Partners (“Greystar”). The transaction was completed in conjunction with Greystar’s previously announced $4.6 billion acquisition of Education Realty Trust (NYSE: EDR), one of the largest owners, developers and managers of collegiate housing in the United States.
Sep 14, 2018 04:16 pm ET
Blackstone Mortgage Trust Declares $0.62 Per Share Dividend
NEW YORK, Sept. 14, 2018 /PRNewswire/ -- Blackstone Mortgage Trust, Inc. (NYSE: BXMT) today declared a dividend of $0.62 per share of class A common stock with respect to the third quarter of 2018. This dividend is payable on October 15, 2018 to stockholders of record as of the close of business on September 28, 2018....
Sep 10, 2018 08:00 am ET
GridLiance to Acquire Transmission Assets from Electric Energy, Inc.
GridLiance, an independent transmission company, today announced it recently signed an agreement to acquire six 161-kV transmission lines that cross the Ohio River and related transmission equipment from Electric Energy, Inc. (EEI) located at the Joppa Generating Station in Illinois.
Sep 05, 2018 06:00 am ET
EagleClaw Midstream Announces Acquisition of Caprock Midstream
EagleClaw Midstream (“EagleClaw”), a portfolio company of Blackstone Energy Partners, announced today that it has entered into binding agreements to acquire Caprock Midstream Holdings (“Caprock”) from Energy Spectrum Capital and Caprock Midstream Management for $950 million plus pre-closing adjustments. The all-cash transaction is expected to close in 2018 and will be funded with equity and committed debt financing from Barclays Plc. EagleClaw’s current executive leadership team will lead the combined business, which shall operate
Aug 30, 2018 11:15 am ET
Blackstone Announces 2018 Investor Day
Blackstone (NYSE:BX) announced today that it will host an Investor Day for shareholders and analysts on Friday, September 21, 2018 in New York. The event, which will begin at 8:00 a.m. ET, will include a series of presentations by Blackstone’s senior management team to discuss the firm’s businesses and outlook.
Aug 09, 2018 07:00 am ET
Blackstone Signs Agreement to Invest in TaskUs
Private Equity funds managed by Blackstone (NYSE:BX) have entered into a definitive agreement to invest in TaskUs, a leading customer service and business process outsourcing services provider for high-growth technology companies. The investment, before funding, values TaskUs at more than $500 million.
Aug 08, 2018 04:00 pm ET
Blackstone Completes Previously Announced Acquisition of PSAV
Blackstone (NYSE:BX) today announced that private equity and real estate funds managed by the firm have completed the previously announced acquisition of PSAV, a global leader in event experiences. As part of the completed transaction, affiliates of Goldman Sachs (NYSE:GS) will be reinvesting alongside Blackstone in the transaction to continue to participate in the ongoing growth of PSAV.
Aug 03, 2018 07:03 pm ET
Osprey Energy Acquisition Corp. Announces August 20, 2018 as Date for Special Meeting of Stockholders to Approve Initial Business Combination
Osprey Energy Acquisition Corp. (“Osprey”) (NASDAQ:  OSPR, OSPRU, OSPRW), an energy-focused special purpose acquisition entity, today announced that it will hold a special meeting of stockholders on August 20, 2018 to approve Osprey’s initial...
Aug 03, 2018 05:00 pm ET
Blackstone Mortgage Trust Announces Closing Of Public Offering Of Class A Common Stock And Full Exercise Of Option By Underwriters
NEW YORK, Aug. 3, 2018 /PRNewswire/ -- 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 6,900,000 shares of class A common stock was sold, including 6,000,000 shares initially offered and an additional 900,000 shares sold pursuant to the underwriters' full exercise of their option to purchase additional shares.  Aggregate net proceeds to the Company from the offering, after deducting estimated offering expenses, were approximately $222.2 million. ...
Aug 01, 2018 08:00 am ET
Factors of Influence in 2018, Key Indicators and Opportunity within Five Prime Therapeutics, Akorn, The Blackstone Group, Avaya, Tractor Supply, and CymaBay Therapeutics — New Research Emphasizes Econ
In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Five Prime Therapeutics, Inc. (NASDAQ:FPRX), Akorn, Inc. (NASDAQ:AKRX),...
Jul 31, 2018 09:21 pm ET
Blackstone Mortgage Trust Announces Pricing Of Public Offering Of Class A Common Stock
NEW YORK, July 31, 2018 /PRNewswire/ -- Blackstone Mortgage Trust, Inc. (NYSE: BXMT) (the "Company") today announced the pricing of an underwritten public offering of 6,000,000 shares of its class A common stock.  The underwriters have been granted a 30-day option by the Company to purchase up to an additional 900,000 shares.  The offering is expected to close on August 3, 2018 and is subject to customary closing conditions. Total estimated gross proceeds of the offering are approximately $195.6 million or approximately $224.9 million if the underwriters exercise their option to purchase add...
Jul 31, 2018 04:15 pm ET
Blackstone Mortgage Trust Announces Public Offering Of Class A Common Stock
NEW YORK, July 31, 2018 /PRNewswire/ -- Blackstone Mortgage Trust, Inc. (NYSE: BXMT) (the "Company") today announced it has commenced an underwritten public offering of 6,000,000 shares of its class A common stock. The underwriters will be granted a 30-day option by the Company to purchase up to an additional 900,000 shares....
Jul 31, 2018 08:20 am ET
Blackstone to Partner with John Hancock in Phoenix Tower International
Blackstone (NYSE: BX) today announced that funds managed by Blackstone Tactical Opportunities (“Tac Opps”) have agreed to sell a minority stake in Phoenix Tower International (“PTI”) to John Hancock.
Jul 24, 2018 04:16 pm ET
Blackstone Mortgage Trust Reports Second Quarter 2018 Results
NEW YORK, July 24, 2018 /PRNewswire/ -- Blackstone Mortgage Trust, Inc. (NYSE:BXMT) today reported its second quarter 2018 results. ...
Jul 13, 2018 09:00 am ET
Francisco Partners Announces Strategic Minority Investment by Blackstone and Goldman Sachs Asset Management
Francisco Partners, a leading technology-focused private equity firm, announced that Blackstone’s (NYSE: BX) Strategic Capital Group and Goldman Sachs Asset Management’s Petershill program (“Petershill”) (NYSE:GS) have acquired a minority stake in Francisco Partners. The investment provides Francisco Partners with balance-sheet capital to continue to develop its strong platform while increasing commitments to its own funds, strengthening its alignment with limited partners. Terms of the transaction were not disclosed.
Jul 02, 2018 05:30 pm ET
Blackstone Mortgage Trust Announces Second Quarter 2018 Earnings Release and Conference Call
NEW YORK, July 2, 2018 /PRNewswire/ -- Blackstone Mortgage Trust, Inc. (NYSE: BXMT) today announced that it will publish its second quarter 2018 earnings presentation on its website at www.bxmt.com and file its Form 10-Q after market close on Tuesday, July 24, 2018....
Jun 25, 2018 07:00 am ET
Blackstone’s BREIT to Acquire $1.2 Billion EdR Student Housing Portfolio in a Joint Venture with Greystar
Blackstone Real Estate Income Trust, Inc. (“BREIT”) announced today an agreement to acquire the EdR Student Housing Portfolio (the “Portfolio”), with 10,500 beds across 20 assets, for $1.2 billion, in a 95%/5% BREIT-led joint venture with Greystar Real Estate Partners (“Greystar”). The transaction will be completed in conjunction with Greystar’s previously announced $4.6 billion acquisition of Education Realty Trust (NYSE: EDR), one of the largest owners, developers and managers of collegiate housing in the United States with approximatel
Jun 25, 2018 04:00 am ET
EdR to be Acquired by Greystar-Led Fund for $41.50 Per Share in a $4.6 Billion Transaction
MEMPHIS, Tenn., June 25, 2018 /PRNewswire/ -- EdR (NYSE: EDR), one of the nation's largest developers, owners and managers of high-quality collegiate housing communities, today announced that it has entered into a definitive merger agreement to be acquired by a newly-formed, perpetual-life fund, Greystar Student Housing Growth and Income Fund, LP ("GEdR"), an affiliate of Greystar Real Estate Partners, in an all-cash transaction valued at approximately $4.6 billion, including debt to be assumed or refinanced. ...
Jun 22, 2018 01:00 pm ET
Blackstone Announces Second Quarter 2018 Investor Call
Blackstone (NYSE:BX) announced today that it will host its second quarter 2018 investor conference call on Thursday, July 19, 2018 at 11:00 a.m. ET. You can listen to the call by dialing +1 (877) 391-6747 (U.S. domestic) or +1 (617) 597-9291 (international) passcode number 149 943 55#.
Jun 22, 2018 01:00 pm ET
Blackstone Announces Second Quarter 2018 Media Call
Blackstone (NYSE:BX) announced today that it will host a conference call for the media on Thursday, July 19, 2018 at 9:30 a.m. ET to review second quarter 2018 results.
Jun 21, 2018 12:05 pm ET
Blackstone Announces Additional Senior Hires for New Blackstone Insurance Solutions Business
Blackstone (NYSE:BX) today announced two new, additional senior hires in the firm’s Blackstone Insurance Solutions (BIS) group. Erich Schram, former Chief Investment Officer at Guggenheim Life and Annuity Company, has joined as Senior Managing Director, Head of Credit Origination and Trading, and Kevin Relihan, who was a Managing Director in Goldman Sachs Asset Management’s Insurance business, will join BIS as Managing Director, Head of Relationship Management.
Jun 19, 2018 05:55 pm ET
PSAV® Announces Agreement to be Acquired by Blackstone
PSAV, a global leader in event experiences, announced today that it has entered into a definitive agreement to be acquired by private equity and real estate funds affiliated with Blackstone (NYSE:BX) ("Blackstone") from affiliates of Goldman Sachs (NYSE:GS) and Olympus Partners. Terms of the transaction were not disclosed.
Jun 15, 2018 05:00 pm ET
Blackstone Mortgage Trust Declares $0.62 Per Share Dividend
NEW YORK, June 15, 2018 /PRNewswire/ -- Blackstone Mortgage Trust, Inc. (NYSE: BXMT) today declared a dividend of $0.62 per share of class A common stock with respect to the second quarter of 2018. This dividend is payable on July 16, 2018 to stockholders of record as of the close of business on June 29, 2018....
Jun 14, 2018 12:08 pm ET
Jun 12, 2018 09:32 pm ET
Blackstone Capital Partners Asia Closes First Fund at Approximately $2.3B
Blackstone (NYSE:BX) today announced that it has held its final close on its first Asian private equity fund, Blackstone Capital Partners Asia (“BCP Asia”), reaching its hard cap. Together with commitments from Blackstone and its affiliates, BCP Asia has approximately $2.3B of capital commitments. This, coupled with associated commitments from Blackstone's global buyout fund, gives the firm a minimum of $3.8B of equity to invest in Asia.
Jun 12, 2018 09:32 pm ET
Blackstone Real Estate Partners Asia Closes Second Fund at Approximately $7.1B
Blackstone (NYSE:BX) today announced that it has held its final close on its second Asian opportunistic real estate fund, Blackstone Real Estate Partners Asia II (“BREP Asia II”), reaching its hard cap. Together with commitments from Blackstone and its affiliates, BREP Asia II has approximately $7.1B of capital commitments.
Jun 04, 2018 07:45 am ET
Osprey Energy Acquisition Corp. and Blackstone’s Royal Resources Announce Combination to Form Falcon Minerals Corporation, a Publicly Traded Oil-Weighted Minerals Company
Osprey Energy Acquisition Corp. (“Osprey”) (NASDAQ:OSPR, OSPRU, OSPRW), an energy-focused special purpose acquisition entity, today announced it has entered into a definitive agreement to acquire the assets of Royal Resources (“Royal”), an entity owned by funds managed by Blackstone Energy Partners and Blackstone Capital Partners ("Blackstone"). The acquired Royal assets represent the entirety of Blackstone's mineral interests in the Eagle Ford Shale, and the transaction will create a company with a total enterprise value of approximately $894 m
May 31, 2018 05:44 pm ET
Apria Healthcare Launches Apria Salutes™
LAKE FOREST, Calif., May 31, 2018 /PRNewswire/ -- Apria Healthcare, one of the nation's largest providers of home healthcare and equipment services, announced the launch of Apria Salutes™.  This program reaffirms the Company's long-standing commitment to the men and women of the armed forces by offering active duty military, veterans and their eligible family members an ongoing 25 percent discount and free shipping on qualifying purchases made on ApriaDirect.com – Apria's retail home medical equipment and supplies website....
May 30, 2018 02:53 pm ET
GridLiance and Tri-County Electric Cooperative Reach Settlement with AEP on Wind Catcher Energy Connection Project
GridLiance, an independent transmission company with operations throughout the U.S., and Tri-County Electric Cooperative, Inc. (TCEC) announced today that they have signed a settlement agreement with American Electric Power Company (AEP) related to the proposed Wind Catcher Energy Connection project, a planned 2,000-megawatt wind farm.
May 21, 2018 06:00 am ET
IHS Markit to Acquire Ipreo from Blackstone and Goldman Sachs Merchant Banking
NEW YORK, May 21, 2018 /PRNewswire/ -- Ipreo, a leading financial services solutions and data provider, today announced the signing of a definitive agreement to be acquired by IHS Markit (Nasdaq: INFO), a world leader in critical information, analytics and solutions. IHS Markit is acquiring the business from private equity funds managed by Blackstone (NYSE: BX) and by the Goldman Sachs Merchant Banking Division ("Goldman Sachs"), for $1.855 billion....
May 16, 2018 05:11 pm ET
Blackstone to Present at the Bernstein Strategic Decisions Conference 2018
Blackstone (NYSE:BX) announced today that Stephen A. Schwarzman, Chairman, CEO and Co-Founder, is scheduled to present at the Bernstein Strategic Decisions Conference 2018 on Wednesday, May 30, 2018 at 3:00 pm ET.
May 16, 2018 05:08 pm ET
Blackstone to Present at the Deutsche Bank 2018 Global Financial Services Conference
Blackstone (NYSE:BX) announced today that Jonathan Gray, President & COO, is scheduled to present at the Deutsche Bank 2018 Global Financial Services Conference on Wednesday, May 30, 2018 at 12:40 pm ET.
May 15, 2018 01:55 pm ET
International Market Centers and AmericasMart to Combine to Form the World’s Largest Owner and Operator of Premier Showroom Space
International Market Centers (“IMC”) and AmericasMart [Atlanta] (“AmericasMart”), two best-in-class operators in the furniture, gift, home decor, rug and apparel B2B industries, have entered into an agreement to form the world’s largest owner and operator of premier showroom space. Financial terms of the transaction were not disclosed.
May 08, 2018 04:30 pm ET
Sir John Hood to Join Blackstone’s Board of Directors
Blackstone (NYSE:BX) today announced that Sir John Hood will join its board of directors effective May 14, 2018.
Apr 24, 2018 04:16 pm ET
Blackstone Mortgage Trust Reports First Quarter 2018 Results
NEW YORK, April 24, 2018 /PRNewswire/ -- Blackstone Mortgage Trust, Inc. (NYSE: BXMT) today reported its first quarter 2018 results. GAAP net income for the first quarter was $61 million, or $0.56 per share. ...
Apr 19, 2018 08:30 am ET
New Research Coverage Highlights Barnes & Noble, The Blackstone Group, Hill-Rom, UGI, Fortive, and LightPath Technologies — Consolidated Revenues, Company Growth, and Expectations for 2018
NEW YORK, April 19, 2018 (GLOBE NEWSWIRE) -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Barnes & Noble, Inc. (NYSE:BKS), The...
Apr 13, 2018 01:24 pm ET
Blackstone to Acquire Center for Autism and Related Disorders (CARD)
Blackstone (NYSE: BX) announced today that private equity funds managed by Blackstone have agreed to acquire the Center for Autism and Related Disorders, LLC (“CARD”), a leading provider of autism behavioral health services for children and adults affected by autism spectrum disorder. CARD Founder and CEO Dr. Doreen Granpeesheh and CARD management will invest alongside Blackstone in the transaction.
Apr 10, 2018 08:45 am ET
Blackstone Mortgage Trust Announces Closing of $1.8 Billion Financing for Tishman Speyer's Spiral Development Project
NEW YORK, April 10, 2018 /PRNewswire/ -- Blackstone Mortgage Trust, Inc. (NYSE: BXMT) (the "Company" or "BXMT") today announced the closing of a $1.8 billion financing for Tishman Speyer's construction of the Spiral, a 2.8 million square foot trophy office building 28% preleased to Pfizer and located in the Hudson Yards district of New York City. The financing represents BXMT's largest ever single asset origination and third construction financing for Tishman Speyer, one of the leading owners, developers and operators of first-class real estate worldwide. ...
Apr 09, 2018 09:32 am ET
Blackstone Hires Yan Yan to Join Real Estate Team in Asia
Blackstone today announced that Yan Yan has joined the firm as a Managing Director in its Real Estate team in Asia.
Apr 05, 2018 05:00 pm ET
Blackstone Mortgage Trust Announces First Quarter 2018 Earnings Release and Conference Call
NEW YORK, April 5, 2018 /PRNewswire/ -- Blackstone Mortgage Trust, Inc. (NYSE: BXMT) today announced that it will publish its first quarter 2018 earnings presentation on its website at www.bxmt.com and file its Form 10-Q after market close on Tuesday, April 24, 2018....
Apr 05, 2018 04:01 pm ET
GSO Capital Partners' Third Capital Solutions Fund Closes on $7 Billion in LP Commitments
GSO Capital Partners, Blackstone’s (NYSE: BX) credit platform, today announced the final closing of its third stressed / distressed fund, GSO Capital Solutions Fund III (“the Fund”), at its hard cap of $7.0 billion, an increase of approximately 40% from GSO’s second capital solutions fund raised in 2013. GSO received strong support from both existing and new investors, with demand surpassing the Fund’s $7.0 billion hard cap. GSO sourced commitments from a global investor base, including U.S. state, corporate and international pension funds,
Apr 04, 2018 09:00 am ET
GridLiance Acquires Transmission Assets of the City of Nixa, Missouri
GridLiance Holdco, L.P., (GridLiance) an independent transmission company, has completed its acquisition of the City of Nixa’s electric transmission assets, including a 10 mile, 69 kV transmission line between the City of Springfield and the Southwestern Power Administration, as well as four substations and related infrastructure.
Apr 03, 2018 04:05 pm ET
Strategic Partners Closes Second Infrastructure Secondaries Fund at $1.75 Billion
Today, Strategic Partners Fund Solutions (“Strategic Partners”), Blackstone’s (NYSE:BX) dedicated secondary and fund solutions business, announced the final closing on the hard cap of $1.75 billion for Strategic Partners Real Assets II L.P. and related entities (“SP RA II”), its second global infrastructure-focused secondary fund. SP RA II’s global investor base is comprised of sovereign wealth funds, pension funds, financial institutions, endowments, foundations and family offices. SP RA II began investing in May 2017 and has already clo
Mar 26, 2018 09:00 am ET
PAG to Receive Strategic Minority Investment from Blackstone Fund
Blackstone (NYSE:BX) announced today that its Strategic Capital Holdings Fund has acquired a passive minority stake in PAG, a leading Asia-focused alternative investment firm.
Mar 23, 2018 09:45 am ET
Blackstone Announces First Quarter 2018 Investor Call
Blackstone (NYSE:BX) announced today that it will host its first quarter 2018 investor conference call on Thursday, April 19, 2018 at 11:00 a.m. ET. You can listen to the call by dialing +1 (877) 391-6747 (U.S. domestic) or +1 (617) 597-9291 (international) passcode number 149 943 55#.
Mar 23, 2018 09:45 am ET
Blackstone Announces First Quarter 2018 Media Call
Blackstone (NYSE:BX) announced today that it will host a conference call for the media on Thursday, April 19, 2018 at 9:30 a.m. ET to review first quarter 2018 results.
Mar 23, 2018 07:00 am ET
Kohlberg Announces Strategic Investment by Blackstone
Kohlberg & Company, L.P. (“Kohlberg”) announced today that Blackstone’s (NYSE: BX) Strategic Capital Holdings Fund has acquired a passive, minority equity interest in the firm. Blackstone’s Strategic Capital Holdings Fund is part of Blackstone Alternative Asset Management (BAAM), the firm’s hedge fund solutions business, and specializes in acquiring stakes in leading alternative asset managers. Terms of the transaction were not disclosed.
Mar 22, 2018 08:23 pm ET
Blackstone Mortgage Trust Announces Pricing Of Public Offering Of Convertible Senior Notes
NEW YORK, March 22, 2018 /PRNewswire/ -- Blackstone Mortgage Trust, Inc. (NYSE: BXMT) (the "Company") today announced the pricing of an underwritten public offering of $220.0 million aggregate principal amount of its 4.75% convertible senior notes due 2023 (the "Notes"). The offering is expected to close on March 27, 2018 and is subject to customary closing conditions. The offering will generate gross proceeds of approximately $220.0 million, or $253.0 million if the underwriters exercise their option to purchase additional Notes solely to cover over-allotments in full. ...
Mar 22, 2018 06:55 am ET
Blackstone Mortgage Trust Announces Public Offering Of Convertible Senior Notes
NEW YORK, March 22, 2018 /PRNewswire/ -- Blackstone Mortgage Trust, Inc. (NYSE: BXMT) (the "Company") today announced it has commenced an underwritten public offering of $220.0 million aggregate principal amount of convertible senior notes due 2023 (the "Notes"). The underwriters will be granted a 30-day option by the Company to purchase up to an additional $33.0 million aggregate principal amount of the Notes solely to cover over-allotments. ...
Mar 19, 2018 08:30 am ET
Blackstone Hires Michael McRaith, Former Director of the U.S. Treasury’s Federal Insurance Office, as Managing Director in Blackstone Insurance Solutions
Blackstone (NYSE:BX) today announced that Michael McRaith, former Director of the U.S. Department of the Treasury’s Federal Insurance Office (FIO), will join the firm as a Managing Director for Blackstone Insurance Solutions (BIS). BIS is a newly formed business delivering Blackstone’s investment management expertise and innovative products to insurers, helping those firms meet long-term policyholder obligations and drive shareholder value. BIS partners with insurers to create customized and diversified portfolios across asset classes, and also
Mar 13, 2018 04:16 pm ET
Blackstone Mortgage Trust Declares $0.62 Per Share Dividend
NEW YORK, March 13, 2018 /PRNewswire/ -- Blackstone Mortgage Trust, Inc. (NYSE: BXMT) today declared a dividend of $0.62 per share of class A common stock with respect to the first quarter of 2018. This dividend is payable on April 16, 2018 to stockholders of record as of the close of business on March 30, 2018....
Mar 13, 2018 03:45 pm ET
Blackstone to Make Strategic Minority Investment in Rockpoint
Blackstone (NYSE: BX) and Rockpoint Group, L.L.C. (Rockpoint) announced today that Blackstone’s Strategic Capital Holdings Fund has acquired a passive, minority equity stake in Rockpoint, a Boston-based global real estate investment management firm. Terms of the transaction were not disclosed.
Mar 12, 2018 05:09 pm ET
Blackstone Real Estate Income Trust Acquires $1.8 Billion Canyon Industrial Portfolio
Blackstone Real Estate Income Trust, Inc. (“BREIT”) announced today that it acquired the Canyon Industrial Portfolio, a 22-million square foot portfolio of industrial assets, for approximately $1.8 billion.
Mar 01, 2018 04:16 pm ET
Blackstone Files Annual Report on Form 10-K
Blackstone (NYSE:BX) announced today that it has filed with the U.S. Securities and Exchange Commission its Annual Report on Form 10-K for the year ended December 31, 2017.
Feb 28, 2018 04:00 pm ET
Blackstone Mortgage Trust to Present at the Citi 2018 Global Property CEO Conference
NEW YORK, Feb. 28, 2018 /PRNewswire/ -- Blackstone Mortgage Trust (NYSE: BXMT) announced today that Steve Plavin, President and Chief Executive Officer, will present on the mortgage REIT panel at the Citi 2018 Global Property CEO Conference in Hollywood, FL on Tuesday, March 6, 2018 at 10:55 a.m. ET....
Feb 16, 2018 08:15 am ET
Recent Analysis Shows Continental Building Products, Ultragenyx Pharmaceutical, Hilltop, The Blackstone Group, Century Aluminum, and Physicians Realty Trust Market Influences — Renewed Outlook, Key Dr
NEW YORK, Feb. 16, 2018 (GLOBE NEWSWIRE) -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Continental Building Products, Inc. (NYSE:CBPX), Ultragenyx...
Feb 13, 2018 03:53 pm ET
Blackstone Mortgage Trust Reports Fourth Quarter and Full Year 2017 Results
NEW YORK, Feb. 13, 2018 /PRNewswire/ -- Blackstone Mortgage Trust, Inc. (NYSE: BXMT) today reported its fourth quarter and full year 2017 results. Net income for the fourth quarter was $58 million, or $0.59 per share, and for the full year was $218 million, or $2.27 per share. ...
Feb 13, 2018 11:00 am ET
Jon Gray Named President and Chief Operating Officer of Blackstone
Blackstone (NYSE:BX) announced today that Tony James, President and Chief Operating Officer, will be handing over day-to-day management of the firm to Jon Gray, Global Head of Real Estate. Mr. James will continue in a full-time role at the firm and assume the title of Executive Vice Chairman, reporting to Stephen A. Schwarzman, Co-Founder, Chairman and Chief Executive Officer. Mr. Gray will become President and Chief Operating Officer also reporting to Mr. Schwarzman. Two long-time leaders in Blackstone’s real estate group, Ken Caplan and Kathle
Feb 07, 2018 08:25 am ET
Recent Analysis Shows The Blackstone Group, Hilton Worldwide, Kimco Realty, RealNetworks, First Solar, and Bill Barrett Market Influences — Renewed Outlook, Key Drivers of Growth
NEW YORK, Feb. 07, 2018 (GLOBE NEWSWIRE) -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of The Blackstone Group L.P. (NYSE:BX), Hilton...
Feb 02, 2018 07:30 am ET
Hovnanian Enterprises, Inc. Announces Closing of Financing Transactions
RED BANK, N.J., Feb. 02, 2018 (GLOBE NEWSWIRE) -- Hovnanian Enterprises, Inc. (NYSE:HOV) (“Hovnanian” or the “Company”) announced today that it has closed its previously announced financing transactions with GSO Capital Partners LP (“GSO”), Blackstone’s credit platform (NYSE:BX),...
Jan 30, 2018 05:20 pm ET
Blackstone-Led Consortium Announces Partnership Agreement with Thomson Reuters for Financial & Risk Business
A consortium led by Blackstone (NYSE:BX) today announced that private equity funds managed by Blackstone (“Blackstone”) – together with Canada Pension Plan Investment Board (“CPPIB”) and GIC – have entered into a partnership agreement with Thomson Reuters (TSX / NYSE: TRI) for Thomson Reuters’ Financial & Risk (F&R) business. Under the partnership agreement, the Blackstone-led consortium will own 55 percent of the equity in a new corporation created to hold the F&R business and Thomson Reuters will retain a 45 percent equity stake, at an overall
Jan 26, 2018 04:00 pm ET
Blackstone Mortgage Trust Announces Tax Treatment Of 2017 Dividends
NEW YORK, Jan. 26, 2018 /PRNewswire/ -- Blackstone Mortgage Trust, Inc. (NYSE: BXMT) today announced the tax treatment of its 2017 class A common stock dividends. The following table summarizes Blackstone Mortgage Trust's class A common stock dividend payments for the tax year ended December 31, 2017:...
Jan 23, 2018 09:54 am ET
New Edition of “Rescuing Retirement: A Plan to Guarantee Retirement Security for All Americans” Published by Economist Teresa Ghilarducci and Blackstone President Tony James
Economist Teresa Ghilarducci and Blackstone President Hamilton “Tony” James today announced the publication of the second edition of their co-authored book, Rescuing Retirement: A Plan to Guarantee Retirement Security for All Americans, from Colombia University Press.
Jan 17, 2018 04:00 pm ET
Blackstone Mortgage Trust Announces Fourth Quarter and Full Year 2017 Earnings Release and Conference Call
NEW YORK, Jan. 17, 2018 /PRNewswire/ -- Blackstone Mortgage Trust, Inc. (NYSE: BXMT) today announced that it will publish its fourth quarter and full year 2017 earnings presentation on its website at www.bxmt.com and file its Form 10-K after market close on Tuesday, February 13, 2018....
Jan 08, 2018 07:45 am ET
Blackstone Hires Former New York Life Investments Group President Chris Blunt to Lead New Blackstone Insurance Solutions Business
Blackstone (NYSE:BX) today announced that Chris Blunt, former President of New York Life’s Investments Group, will join the firm as a Senior Managing Director and Chief Executive Officer of Blackstone Insurance Solutions – a newly formed business that delivers Blackstone’s investment management expertise and products to insurance companies, helping those firms meet long-term policyholder obligations and drive shareholder value.
Dec 28, 2017 04:37 pm ET
Dec 26, 2017 04:30 pm ET
GSO Closes Acquisition of $2.4 Billion Credit Investment Portfolio from NewStar Financial
On December 22, 2017, GSO Diamond Portfolio Fund LP (the “Fund”), a newly formed $950 million investment fund sponsored by GSO Capital Partners LP (“GSO”), the global credit investment platform of Blackstone, successfully closed on the previously announced acquisition of approximately $2.4 billion in corporate loans and other credit investments from NewStar Financial, Inc. (“NewStar”). Immediately following the sale of these assets to the Fund, NewStar was acquired by First Eagle Investment Management (“First Eagle”), a privately owned in
Dec 21, 2017 04:00 pm ET
Blackstone Mortgage Trust Announces Closing Of $1 Billion Commercial Real Estate CLO
NEW YORK, Dec. 21, 2017 /PRNewswire/ -- Blackstone Mortgage Trust, Inc. (NYSE: BXMT) (the "Company") today announced the closing of BXMT 2017-FL1, a $1 billion Collateralized Loan Obligation ("CLO"), which is the largest commercial real estate CLO issued post financial crisis. The CLO transaction finances pari passu participation interests in 31 of BXMT's portfolio loans at an effective advance rate of 81.75% with a weighted average coupon at issuance of L+1.21%. Proceeds from the CLO issuance were used to repay BXMT credit facilities. ...
Dec 19, 2017 09:00 am ET
Blackstone Announces Fourth Quarter and Full Year 2017 Investor Call
Blackstone (NYSE:BX) announced today that it will host its fourth quarter and full year 2017 investor conference call on Thursday, February 1, 2018 at 11:00 a.m. ET. Steve Schwarzman, Chairman, Chief Executive Officer and Co-Founder; Tony James, President and Chief Operating Officer; Michael Chae, Chief Financial Officer; Joan Solotar, Head of Private Wealth Solutions and External Relations; and Weston Tucker, Head of Investor Relations, will review Blackstone’s fourth quarter and full year 2017 results. You can listen to the call by dial
Dec 19, 2017 09:00 am ET
Blackstone Announces Fourth Quarter and Full Year 2017 Media Call
Blackstone (NYSE:BX) announced today that it will host a conference call for the media on Thursday, February 1, 2018 at 9:30 a.m. ET to review fourth quarter and full year 2017 results.
Dec 14, 2017 06:00 pm ET
Blackstone Mortgage Trust declares $0.62 per share dividend
NEW YORK, Dec. 14, 2017 /PRNewswire/ -- Blackstone Mortgage Trust, Inc. (NYSE: BXMT) today declared a dividend of $0.62 per share of class A common stock with respect to the fourth quarter of 2017. This dividend is payable on January 16, 2018 to stockholders of record as of the close of business on December 29, 2017....
Dec 11, 2017 07:30 am ET
GSO to Launch New Direct Lending Business; Announces Transition Plan for FS Investments Funds
GSO Capital Partners LP (together with its credit-focused affiliates “GSO”), Blackstone’s (NYSE:BX) credit platform, today announced that it will launch a new, fully integrated, internal direct lending business – combining the firm’s superior origination and investment capabilities in this area with its industry-leading institutional and retail distribution channels.
Dec 07, 2017 04:00 pm ET
Blackstone Mortgage Trust Announces Full Exercise of Option by Underwriters and Closing of Public Offering of Class A Common Stock
NEW YORK, Dec. 7, 2017 /PRNewswire/ -- Blackstone Mortgage Trust, Inc. (NYSE: BXMT) (the "Company") today announced that, in connection with the Company's underwritten public offering of class A common stock (the "Common Stock"), the underwriters have exercised in full their option to purchase an additional 1,620,000 shares of Common Stock. The issuance of the additional 1,620,000 shares closed on December 7, 2017. The full exercise of the option to purchase the additional shares brings the total number of shares sold in the offering to 12,420,000. Aggregate net proceeds to the Company from ...
Dec 07, 2017 07:31 am ET
Blackstone Acquires a Majority Stake in Leading Data Classification Provider TITUS
Blackstone (NYSE:BX) today announced that funds managed by Blackstone Tactical Opportunities have acquired a majority share in TITUS, a leading provider of data classification and categorization solutions headquartered in Ottawa. Terms of the transaction were not disclosed.
Dec 04, 2017 07:40 am ET
Market Trends Toward New Normal in The Blackstone Group, Zions, Skyworks Solutions, Continental Building Products, Ultragenyx Pharmaceutical, and Hilltop — Emerging Consolidated Expectations, Analyst
NEW YORK, Dec. 04, 2017 (GLOBE NEWSWIRE) -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of The Blackstone Group L.P. (NYSE:BX), Zions...
Dec 01, 2017 05:59 am ET
Blackstone Mortgage Trust Announces Pricing Of Public Offering Of Class A Common Stock
NEW YORK, Dec. 1, 2017 /PRNewswire/ -- Blackstone Mortgage Trust, Inc. (NYSE: BXMT) (the "Company") today announced the pricing of an underwritten public offering of 10,800,000 shares of its class A common stock.  The underwriters have been granted a 30-day option by the Company to purchase up to an additional 1,620,000 shares.  The offering is expected to close on December 5, 2017 and is subject to customary closing conditions. Total estimated gross proceeds of the offering are approximately $344.5 million or approximately $396.2 million if the underwriters exercise their option to purchase...
Nov 30, 2017 03:07 pm ET
Blackstone Mortgage Trust Announces Public Offering Of Class A Common Stock
NEW YORK, Nov. 30, 2017 /PRNewswire/ -- Blackstone Mortgage Trust, Inc. (NYSE: BXMT) (the "Company") today announced it has commenced an underwritten public offering of 10,800,000 shares of its class A common stock. The underwriters will be granted a 30-day option by the Company to purchase up to an additional 1,620,000 shares....
Nov 28, 2017 11:53 am ET
Blackstone to Present at the Goldman Sachs Financial Services Conference
Blackstone (NYSE:BX) announced today that Stephen A. Schwarzman, Chairman, CEO, and Co-Founder of Blackstone, is scheduled to present at the Goldman Sachs Financial Services Conference on Tuesday, December 5, 2017 at 12:50 pm ET.
Nov 27, 2017 11:39 am ET
Blackstone and Carlyle to Jointly Host Third Annual Veterans Initiative Summit
Blackstone (NYSE:BX) and The Carlyle Group (NASDAQ:CG) will jointly host the third annual Veterans Initiative Summit on November 28-29 in Washington, D.C.
Nov 20, 2017 07:30 am ET
New Research Coverage Highlights The Blackstone Group, Hilton Worldwide, Kimco Realty, Sonus Networks, First Solar, and Bill Barrett — Consolidated Revenues, Company Growth, and Expectations for 2018
NEW YORK, Nov. 20, 2017 (GLOBE NEWSWIRE) -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of The Blackstone Group L.P. (NYSE:BX), Hilton...
Nov 13, 2017 04:49 pm ET
Cloverleaf Cold Storage Announces Recapitalization led by Blackstone
Cloverleaf Cold Storage ("Cloverleaf" or the “Company"), a leading cold storage warehousing and food logistics company owned by the Feiges and Kaplan families since its founding in 1952, today announced that it has entered into a definitive agreement to recapitalize the Company whereby private equity funds affiliated with Blackstone (NYSE:BX) ("Blackstone") will make a majority equity investment into Cloverleaf alongside the existing family shareholders, who will continue to operate the business post-closing, to support future growth in the Comp