About Blackstone Inc. (BX)

Company Description:

Blackstone Inc., one of the world's leading investment firms, specializes in private equity, real estate, public debt and equity, growth equity, opportunistic, non-investment grade credit, real assets, and secondary funds. The company operates through four segments: Private Equity, Real Estate, Hedge Fund Solutions, and Credit & Insurance.

Founded by Peter G. Peterson and Stephen A. Schwarzman on March 13, 1985, Blackstone Inc. has grown to become a global leader in alternative asset management, headquartered in New York, NY, United States.

Main Product(s):

Blackstone's core products and services include asset management, particularly in real estate and private equity, along with hedge fund solutions and credit services.

Short History of Blackstone Inc.:

• March 1985 – Founded by Stephen Schwarzman and Peter Peterson.
• 1991 – Launched its first real estate fund.
• 2007 – Went public on the New York Stock Exchange.
• 2008 – Expanded into the credit business by acquiring GSO Capital Partners.
• 2019 – Converted from a publicly traded partnership to a corporation.
• 2021 – Blackstone's real estate business became the largest in the world.