April 17, 2014 1:02 AM ET

Capital Markets

Company Overview of The Blackstone Group, Private Equity Group

Company Overview

The Blackstone Group, Private Equity Group is an investment firm specializing in direct and fund of funds investments. For direct investments in the firm seeks to invest in middle market, leveraged buyouts, distressed investments, structured equity, rescue financings, turnarounds, minority investments, large private transactions, large public-to-privates corporate partnerships, platform buildups, industry consolidations, start-ups in established industries, small and medium size buyouts, recapitalizations, PIPES, mature, late venture, growth capital and direct secondaries investments. The firm also prefers to invest in out-of-favor, under-appreciated industries. It seeks to invest in a broad...

345 Park Avenue

31st Floor

New York, NY 10154

United States

Founded in 1987

Phone:

212-583-5000

Fax:

212-583-5749

Key Executives for The Blackstone Group, Private Equity Group

Chief Executive Officer of Equity Healthcare
Age: 62
Co-Founder and Chief Executive Officer
Age: 66
Senior Managing Director and Chairman
Age: 57
Senior Managing Director
Age: 46
Senior Managing Director and Global Head of Energy and Natural Resources
Age: 45
Compensation as of Fiscal Year 2013.

The Blackstone Group, Private Equity Group Key Developments

Blackstone, Carlyle In Talks With Goodpack

The Blackstone Group, Private Equity Group and The Carlyle Group LP (NasdaqGS:CG) are in acquisition talks with Goodpack Ltd. (SGX:G05). Reutersreported quoting two people close to the matter as saying that the two firms are considering a bid for Goodpack and had a meeting for the same recently. According to the report, Goodpack's market value is S$1.23 billion. The further stated that the talks are at an early stage. On March 19, 2014, Goodpack said that it had been in discussions with unnamed parties which might lead to a buyout of its shares, and had hired Rippledot Capital to advice on the process. On March 20, 2014, Brambles Limited (ASX:BXB) said it was engaged in talks with Goodpack but that the discussions had ended. Goodpack's stock went 12.3% for the year. The news report stated that Goodpack did not respond to requests seeking comment, while Blackstone and Carlyle declined to comment.

Blackstone And GIC Reportedly Eye Minority Stake In Kronos

The Blackstone Group, Private Equity Group and GIC Pte. Ltd. are in advanced discussions to acquire minority stakes in Kronos Incorporated valuing the company round $4.5 billion, including debt, three people familiar with the matter said. Blackstone and GIC together plan to invest $750 million for just over 40% stake in Kronos and a deal is expected to be announced as early as this week, one of the sources said. Hellman & Friedman LLC and JMI Equity had explored an outright sale of Kronos but rejected bids as high as $4.6 billion, people familiar with the matter said last week. Deutsche Bank AG acted as a financial advisor.

Blackstone Reported To Sell Stake In SeaWorld

The Blackstone Group, Private Equity Group plans to sell off 15 million shares of SeaWorld Entertainment, Inc. (NYSE:SEAS) stock, the Orlando Sentinel reported. The move would drop Blackstone’s ownership from 63% to 43.6% and would fetch $480 million for Blackstone, according to the story.

Similar Private Companies By Industry

Company Name Region
Geneva Capital Corp. United States
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Mitchell Hutchins Institutional Investors Inc. United States
Colby Capital International LLC United States

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
April 4, 2014
Pinafore Holdings B.V.
Merger/Acquisition
March 11, 2014
Accuvant, Inc.
Merger/Acquisition
February 21, 2014
Trianon Palace Hotel de Versailles S.A.
 

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