PE Firm · Capital Allocator

Blackstone

Medium
New York City, United States · Founded 1985 · AUM $1.27 trillion · Website
Leveraged BuyoutReal Estate InvestmentCreditHedge Funds InjectionGrowth EquitySecondariesInfrastructureTactical OpportunitiesReal EstateFinancial ServicesTechnologyConsumer & RetailHealthcareTelecommunicationsInfrastructureIndustrialNorth AmericaEuropeAsia-Pacific
Last verified
8/18/2026

Firm Overview

12
Portfolio tracked
8
Sectors
3
Regions
8/18/2026
Last verified

Blackstone Inc. is the world's largest alternative investment management firm, specializing in private equity, real estate, credit, and hedge fund strategies.

Founded in 1985 by Peter Peterson and Stephen Schwarzman, Blackstone began as a mergers and acquisitions advisory boutique before expanding into a global investment powerhouse. The firm finalized its first private equity fund shortly after the 1987 stock market crash and has since become one of the most prolific investors in leveraged buyouts and commercial real estate globally.

Blackstone's growth has been marked by significant diversification into credit, infrastructure, hedge funds, and insurance solutions. The firm played a pivotal role in the leveraged buyout booms of the late 1980s and mid-2000s, completing landmark deals for companies such as Hilton Hotels and EQ Office. In 2007, Blackstone became a public company in one of the largest U.S. IPOs of the decade.

Today, the firm is recognized as the largest alternative investment manager in the world. It manages a vast portfolio of assets across multiple sectors, maintaining a dominant presence in the private equity and real estate markets while expanding its reach through its tactical opportunities and insurance platforms.

Founded1985
HeadquartersNew York City, United States
AUM$1.27 trillion
Target investmentLarge-cap leveraged buyouts and global scale real estate acquisitions
Employees5,285 (2025)
StrategiesLeveraged Buyout, Real Estate Investment, Credit, Hedge Funds Injection, Growth Equity, Secondaries, Infrastructure, Tactical Opportunities
Sector focusReal Estate, Financial Services, Technology, Consumer & Retail, Healthcare, Telecommunications, Infrastructure, Industrial
Geographic focusNorth America, Europe, Asia-Pacific

Leadership

Stephen Schwarzman
Chairman and CEO
Co-founder of Blackstone and former head of global mergers and acquisitions at Lehman Brothers.
Jonathan Gray
President and COO
Key executive overseeing the firm's daily operations and strategic direction.
Joseph Baratta
Head of Private Equity
David Blitzer
Chairman of Tactical Opportunities
Peter Peterson
Co-Founder (Historical)
Former Chairman and CEO of Lehman Brothers who co-founded Blackstone in 1985.

Notable Investments

Hilton WorldwideEQ OfficeSunGardFreescale SemiconductorMichaelsNielsen HoldingsTravelportThe Weather ChannelSeaWorld Parks & Entertainment (Busch Entertainment)Merlin EntertainmentsSix FlagsUnited BiscuitsTRW AutomotiveExtended Stay AmericaLa Quinta Inns & Suites

Historical and current deals referenced in public sources.

Portfolio Companies

CompanySectorStatusWebsite
AeroplanCurrent
Aypa PowerEnergy / Battery StorageExited
BRE Hotels & ResortsCurrentVisit ↗
DarkVisionCurrent
Digital RealtyExited
Digital Realty Northern Virginia Data CentersData CentersExited
Dresser Utility SolutionsEnergy TransitionCurrent
HSBC’s Australian Home Loan PortfolioCurrent
Jersey Mike’sCurrent
Kuwait Oil Company (Crude Oil Pipeline Network)InfrastructureCurrent
MechaComic (formerly Amutus)Current
Power Innovation Joint VenturePower Innovation / EnergyCurrent

Source: blackstone.com/portfolio

Portfolio Web Readiness

Not yet assessed

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Sources

This profile is based on publicly available information and may be incomplete or outdated. PE Firm Index is not affiliated with Blackstone and does not provide investment advice.

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