The Blackstone Group L.P. · New York, NY United States ·(NYSE: BX)
Company Description
View The Blackstone Group L.P. Locations On A US Map
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This link will open in a new window 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. The firm has some $90 billion in assets under management. To read the full description, subscribe now.
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Key The Blackstone Group L.P. Financials
| Company Type | Public - NYSE: BX Headquarters |
| Fiscal Year-End | December |
| 2008 Sales (mil.) | -$349.4 |
| 2008 Employees | 1,340 |
The Blackstone Group L.P. Executives
109 executives listed for The Blackstone Group L.P.'s New York, NY location.
| Title | Name & Bio | Contact |
| Senior Chairman and Co-Founder | Peter Peterson | Network |
| Chairman, CEO, and Co-Founder | Stephen Schwarzman | Network |
| Vice Chairman; President and CEO, Blackstone Alternative Asset Management | J. Tomilson Hill | Network |
Competition
Competitive Landscape for The Blackstone Group L.P.
Demand is driven by corporate profitability and the overall health of the US economy. The profitability of individual companies depends largely on the special expertise the firm provides to clients. Large firms have advantages in the range of services offered, which often span across all three major consulting disciplines. Small firms can compete effectively by specializing in new technologies or niche industries. The industry is labor-intensive, particularly for payroll services. Average annual revenue per employee is around $100,000 ($40,000 in the payroll services industry). To read the full description, subscribe now.Top The Blackstone Group L.P. Competitors
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