The Blackstone Group knows how to make a scene. Founded in 1985 by industry veterans Peter Peterson and Stephen Schwarzman, the once-reclusive company underwent one of the largest IPOs in the history of mankind in 2007. The massive private equity firm owns stakes in more than 40 companies, manages hedge funds and other funds, and provides mergers and acquisitions and restructuring advice to corporate clients. Blackstone closed its latest private equity fund -- worth more than $21 billion -- after going public. The firm made one of the largest private equity transactions ever when it acquired Equity Office Properties Trust for some $39 billion in 2007. Blackstone has some $90 billion in assets under management.

Key financials for The Blackstone Group L.P. (NYSE: BX)

Key people and executives for The Blackstone Group L.P. (NYSE: BX)

Top competitors of The Blackstone Group L.P. (NYSE: BX)

• Bain Capital
• The Carlyle Group
• KKR

First Research Industry Profiles Extensive Industry Intelligence

• Finance and Insurance Sector

Hoover's Industries

• Financial Services
  • Investment Firms(primary)
  • Asset Management
    • Hedge Fund Management

• Real Estate
  • Commercial Property Investment

Subsidiaries/affiliates of The Blackstone Group L.P. (NYSE: BX)

• Center Parcs Limited
• Cineworld Group plc
• DJO Incorporated
  • Empi, Inc.
• Equity Office Properties Trust
• Hilton Worldwide