"The Blackstone Team Inc. is an international exclusive equity different investment monitoring as well as monetary services firm based in Midtown Manhattan, New York City City. As the largest alternative investment company worldwide, [4] Blackstone focuses on exclusive equity, credit scores, and also hedge fund investment approaches.

Blackstone's exclusive equity service has actually been just one of the largest investors in leveraged buyouts in the last years, while its real estate service has actively obtained commercial property. Given that its inception, Blackstone has actually bought such noteworthy business as Hilton Worldwide, Merlin Entertainments Group, Efficiency Food Group, EQ Office, Republic Services, AlliedBarton, United Biscuits, Freescale Semiconductor, Vivint, and Travelport.

Blackstone was founded in 1985 as a mergings and acquisitions company by Peter G. Peterson and Stephen A. Schwarzman, that had formerly collaborated at Lehman Brothers. In 2007, Blackstone became a public business with a $4 billion IPO, becoming one of the very first major private equity companies to listing shares in its monitoring company on the public securities market. Blackstone is headquartered at 345 Park Method in Manhattan, with 8 added offices in the USA, in addition to offices in Dublin, Düsseldorf, London, Luxembourg, Paris, Sydney, Tokyo, Hong Kong, Singapore, Beijing, Shanghai, Mumbai, and Dubai.

As of 2019, the business's complete possessions under administration were roughly US$ 545 billion dollars. In April 2019, Blackstone divulged it was converting to a firm from a publicly traded partnership."