Last $34.01 USD
Change Today +0.05 / 0.15%
Volume 899.8K
BX On Other Exchanges
Symbol
Exchange
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As of 5:15 PM 12/24/14 All times are local (Market data is delayed by at least 15 minutes).

blackstone group lp/the (BX) Snapshot

Open
$33.96
Previous Close
$33.96
Day High
$34.09
Day Low
$33.75
52 Week High
07/23/14 - $36.08
52 Week Low
10/16/14 - $26.56
Market Cap
38.7B
Average Volume 10 Days
3.9M
EPS TTM
$3.85
Shares Outstanding
520.5M
EX-Date
10/23/14
P/E TM
8.8x
Dividend
$1.76
Dividend Yield
5.65%
Current Stock Chart for BLACKSTONE GROUP LP/THE (BX)

blackstone group lp/the (BX) Details

The Blackstone Group L.P. is a publicly owned investment manager. The firm also provides financial advisory services to its clients. It provides its services to public and corporate pension funds, academic, cultural, and charitable organizations. The firm manages separate client focused portfolios. It launches and manages private equity funds, real estate funds, funds of hedge funds, and credit-focused funds for its clients. It invests in private equity, public equity, fixed income, and alternative investment markets. The Blackstone Group L.P. was founded in 1985 and is based in New York, New York.

2,010 Employees
Last Reported Date: 02/28/14
Founded in 1985

blackstone group lp/the (BX) Top Compensated Officers

Co-Founder, Chairman, Chief Executive Officer...
Total Annual Compensation: $350.0K
President, Chief Operations Officer, Director...
Total Annual Compensation: $34.8M
Chief Financial Officer and Senior Managing D...
Total Annual Compensation: $7.6M
Vice Chairman, Vice President and Director of...
Total Annual Compensation: $11.4M
Chief Legal Officer and Senior Managing Direc...
Total Annual Compensation: $4.6M
Compensation as of Fiscal Year 2013.

blackstone group lp/the (BX) Key Developments

Pension and Sovereign Funds Reportedly In Talks To Acquire 247 Park In Mumbai

Canada Pension Plan Investment Board (CPPIB), APG Algemene Pensioen Groep N.V., and Abu Dhabi Investment Authority are in talks to acquire property 247 Park in Mumbai from Milestone Capital Advisors Limited, two persons familiar with the matter said. Milestone owns 74% and Hindustan Construction Co. Ltd. (BSE:500185) owns 26% stake in 247 Park and the deal is expected to be valued over INR 10 billion. The Blackstone Group L.P. (NYSE:BX) is in advanced talks to acquire property for over INR 10 billion and negotiations had started more than a year and half ago. However, the transaction has not reached conclusion due to differences between joint owners on the structure of the proposed deal, which in fact, led to talks that the deal has been called off. APG is negotiating along with its India alliance partner The Xander Group Inc., while Shapoorji Pallonji & Company Limited is driving the discussions for CPPIB. APG and Abu Dhabi Investment Authority did not respond to Economic Times's email queries till the time of going to press, while Xander Group, Shapoorji Pallonji Group and CPPIB, in their separate responses, declined to comment on market speculation, The Economic Times reported.

Blackstone Group Reportedly Buys IT Special Economic Zone

The Blackstone Group L.P. (NYSE:BX) acquired 1.5 million square feet IT special economic zone land from Three C Universal Developers Pvt Ltd. for INR 6.25 billion, two people with direct knowledge of the development said. Blackstone spokesperson declined comment. There was no response from Three C.

Adani And JSW Reportedly In Talks To Acquire Plant

Adani Power Limited (BSE:533096) and JSW Energy Limited (BSE:533148) intends to acquire 1050 MW plant in Odisha. JSW Energy is in talks to acquire the plant from which The Blackstone Group L.P. (NYSE:BX) intends to exit. Adani Power is also said to be in talks to give Blackstone an exit from Monnet unit, sources with direct involvement share. JSW Energy's spokesperson said, "JSW Energy Limited continues to evaluate various opportunities as part of its growth strategy. However, we are not in any conclusive discussions for any particular project." Adani Power did not respond to ET Now's query.

 

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