BX - The Blackstone Group L.P.

NYSE - Nasdaq Real-time price. Currency in USD

The Blackstone Group L.P.

345 Park Avenue
New York, NY 10154
United States
212 583 5000
https://www.blackstone.com

Sector(s)Financial Services
IndustryAsset Management
Full-time employees4,695

Key executives

NameTitlePayExercisedYear born
Mr. Stephen Allen Schwarzman B.A., M.B.A.Chairman, CEO & Co-Founder253.12MN/A1947
Mr. Jonathan D. Gray CIMAGen. Partner, Pres, COO & Director241.89MN/A1969
Mr. Michael S. Chae J.D.Chief Financial Officer21.44MN/A1968
Mr. John Gary FinleyChief Legal Officer9.89MN/A1957
Mr. Joseph Patrick BarattaGlobal Head of Private Equity & DirectorN/AN/A1971
Mr. William J. SteinSr. Managing Director of Real Estate- New YorkN/AN/A1962
Mr. Robert Christopher HeadySr. MD - Hong Kong, Head of Asia Real Estate & Chairman of Asia PacificN/AN/AN/A
Mr. Prakash Arjandas MelwaniSr. MD & Chief Investment Officer of Private Equity - New YorkN/AN/A1958
Mr. Michael B. NashSr. MD of Real Estate & Co-Founder and Chairman of Blackstone Real Estate Debt StrategiesN/AN/A1961
Mr. Mustafa M. SiddiquiSr. Managing Director & Co-Head of Strategic Capital Group of BAAM - LondonN/AN/AN/A
Amounts are as of 31 December 2022, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Blackstone Inc. is an alternative asset management firm specializing in real estate, private equity, hedge fund solutions, credit, secondary funds of funds, public debt and equity and multi-asset class strategies. The firm typically invests in early-stage companies. It also provide capital markets services. The real estate segment specializes in opportunistic, core+ investments as well as debt investment opportunities collateralized by commercial real estate, and stabilized income-oriented commercial real estate across North America, Europe and Asia. The firm's corporate private equity business pursues transactions throughout the world across a variety of transaction types, including large buyouts,special situations, distressed mortgage loans, mid-cap buyouts, buy and build platforms, which involves multiple acquisitions behind a single management team and platform, and growth equity/development projects involving significant majority stakes in portfolio companies and minority investments in operating companies, shipping, real estate, corporate or consumer loans, and alternative energy greenfield development projects in energy and power, property, dislocated markets, shipping opportunities, financial institution breakups, re-insurance, and improving freight mobility, financial services, healthcare, life sciences, infrastructure, enterprise tech and consumer, as well as consumer technologies. The firm considers investment in Asia and Latin America. It has a three year investment period. Its hedge fund business manages a broad range of commingled and customized fund solutions and its credit business focuses on loans, and securities of non-investment grade companies spread across the capital structure including senior debt, subordinated debt, preferred stock and common equity. Blackstone Inc. was founded in 1985 and is headquartered in New York, New York with additional offices across Asia, Europe and North America.

Corporate governance

The Blackstone Group L.P.’s ISS governance QualityScore as of 1 June 2023 is 9. The pillar scores are Audit: 6; Board: 10; Shareholder rights: 10; Compensation: 7.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.