December 17, 2014 6:08 PM 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 and Operating Partner of Equity Healthcare
Age: 63
Co-Founder and Chief Executive Officer
Age: 67
Global Head of Private Equity
Age: 43
Senior Managing Director
Age: 46
Senior Managing Director
Age: 64
Compensation as of Fiscal Year 2014.

The Blackstone Group, Private Equity Group Key Developments

Boca Raton Resort & Club Up For Sale

An investment fund of The Blackstone Group, Private Equity Group has put Boca Raton Resort & Club (Panthers BRHC L.L.C.) up for sale, a spokesman told the Sun Sentinel on November 4, 2014. Gregory Rumpel, Managing Director of Jones Lang LaSalle, Hotels & Hospitality Group is handling the sale and has started to contact potential investors who might be interested in acquiring the resort, Sun Sentinel reported.

Accor And Others Reportedly Eye Louvre Hotels

Accor S.A. (ENXTPA:AC) is known to be among the potential suitors for the acquisition of Louvre Hotels SAS from Starwood Capital Group, a source close to the matter said. "Accor is looking at the dossier but the process is at an early stage," the source said. French daily Les Echos reported that Starwood looking at divesting Louvre Hotels and Accor was among the buyers that had submitted non-binding offers. The report added that the sale could fetch €1.2 billion - €1.5 billion ($1.5 billion -1.9 billion). Les Echos added that among other potential buyers are PAI Partners, CVC Limited (ASX:CVC), The Blackstone Group, Private Equity Group, and Fonciere Des Murs (ENXTPA:FMU). Accor’s shares were off 0.99% at €31.48.

Weather Channel Owners Reportedly Eye Sale

The Blackstone Group, Private Equity Group, NBCUniversal Media, LLC and Bain Capital Private Equity are looking for possible strategic options including a possible sale of The Weather Channel, LLC, Bloomberg reported citing people familiar with the matter. It is believed that Weather Channel hasn't begun a formal process or hired a bank. The Blackstone Group, Private Equity Group, NBCUniversal Media, LLC and Bain Capital Private Equity are in talks with JPMorgan Chase & Co. and Goldman Sachs Group Inc.

Similar Private Companies By Industry

Company Name Region
Weild & Co., LLC United States
Blaylock Robert Van, LLC, Research Division United States
Resource Capital Partners Inc., Investment Banking Arm United States
G2 Capital Advisors, LLC United States
Ministry Partners Securities, LLC United States

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
November 3, 2014
United Biscuits (Holdings) Limited
Private Placement
October 21, 2014
Onyx Renewable Partners
Private Placement
August 31, 2014
Siccar Point Energy Limited
 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Bertelsmann AG Europe
Lawyers Committee for Civil Rights Under Law United States
NYC2012, Inc. United States
Rush University United States
Citizens Budget Commission United States

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact The Blackstone Group, Private Equity Group, please visit www.blackstone.com/our-businesses/aam/private-equity. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.