The Blackstone Group is an alternative asset manager and business development company . Originally an M&A boutique, Blackstone's current activities involve a broad range of both advisory and investment expertise. Its investing activities are spread among private equity funds, real estate opportunity funds, and a variety of hedge funds. In addition to advising on mergers and acquisitions, the firm also advises institutional clients on matters such restructuring and reorganization and fund placement.
The Blackstone Group operates in four distinct business segments: Corporate Private Equity, Real Estate, Marketable Alternative Asset Management, and Financial Advisory. For the past four years, Blackstone's net income has exceeded its total revenue. This is possible because the company's earnings from investments are not classified as revenue and actually account for the most significant portion of Blackstone's income. Revenue, which includes fees collected for asset management and advisory services, was only one-seventh the size of investment earnings in 2006. It is important to note that investments are subject to market conditions and can fluctuate significantly.
Company Name :
Blackstone Group
345 Park Ave., New York, New York, United States, 10154
1020 (As of December 31, 2007). Includes – Senior Managing Directors – 65 Investment and Advisory Professionals – 395
Location :
The Blackstone Group is an alternative asset manager and business development company . Originally an M&A boutique, Blackstone's current activities involve a broad range of both advisory and investment expertise. Its investing activities ar....
