Search results
Results From The WOW.Com Content Network
Blackstone was founded in 1985 by Peter G. Peterson and Stephen A. Schwarzman with US$400,000 (equivalent to $1.1 million in 2023) in seed capital. [3]: 45–56 [4] The founders named their firm "Blackstone" using a cryptogram derived from their names: "Schwarz" is German for "black"; "Peter", "Petros" or "Petra" (Πέτρος and πετρα, the masculine and feminine rendering of the word ...
In 1992, Gray joined Blackstone's mergers and acquisitions and private equity group, [6] and joined its newly formed real estate private equity group the following year. He became co-head of the real estate group in 2005 and global head of real estate in 2011, [7] overseeing a portfolio of hotel, office, retail, industrial, and residential properties in the U.S., Europe, and Asia.
According to Forbes, Schwarzman has a net worth of $39 billion, as of April 2024. [2] In 2014, Schwarzman was named as one of Bloomberg's 50 Most Influential people of the year. [48] In 2016, he was again named as one of Bloomberg's 50 Most Influential people of the year. [49]
For premium support please call: 800-290-4726 more ways to reach us
Blackstone Inc.'s (NYSE:BX) stock rose 5.9% last week, but insiders who sold US$20m worth of stock over the last year...
In November 2020, Stonepeak acquired Astound Broadband from TPG Inc. for $3.6 billion in cash along with $4.5 billion in debt. [14] In November 2022, Stonepeak and Spirit Super acquired the Port of Geelong in a $732 million deal. [3] [15] In April 2021, Stonepeak teamed up with EQT AB to acquire KPN but in May, KPN rejected the deal. [16] In ...
For premium support please call: 800-290-4726 more ways to reach us
David Blitzer. David Scott Blitzer (born September 7, 1969) is an American investor and sports team owner. He is a senior executive at the private equity firm Blackstone and co-managing partner of the NBA's Philadelphia 76ers and NHL's New Jersey Devils. Blitzer also manages several association football clubs under Global Football Holdings ...