Blackstone Inc.
American alternative investment management company
Blackstone Inc. is an American alternative investment management company based in New York City. It is the world's largest alternative asset manager with more than $1.3 trillion in assets under management as of March 2026.[1]
It was founded in 1985 as a mergers and acquisitions advisory firm by Peter G. Peterson and Stephen A. Schwarzman.[2]
Blackstone specialises in private equity, real estate, credit, infrastructure, hedge funds, secondaries, growth equity, and insurance solutions. It went public in 2007 and is listed on the New York Stock Exchange under the ticker BX.
History
Blackstone was founded in 1985 by Peter G. Peterson and Stephen A. Schwarzman, who had previously worked together at Lehman Brothers.[1]
The firm began as a mergers and acquisitions advisory business before expanding into private equity and other alternative investments. It has grown to become the largest player in leveraged buyouts and global real estate acquisitions.
Operations
Blackstone manages investments across multiple asset classes for institutional and individual investors. Key areas include private equity, real estate (with approximately 12,500 assets), and credit strategies.[1]
As of Q1 2026, total assets under management reached $1.304 trillion, with fee-earning AUM at $937.6 billion.[3]
Leadership
- Stephen A. Schwarzman – Co-founder, Chairman and CEO
- Jonathan Gray – President and Chief Operating Officer
Financials
Blackstone employs approximately 5,285 people and is headquartered at 345 Park Avenue, New York City.[4]
Notes
- ↑ 1.0 1.1 1.2 Blackstone, About the Firm Blackstone.com, accessed May 18, 2026.
- ↑ Blackstone, The Blackstone website Blackstone, accessed May 18, 2026.
- ↑ Blackstone, Blackstone Reports First Quarter 2026 Earnings Blackstone.com, April 23, 2026.
- ↑ Yahoo Finance, Blackstone Inc. (BX) Company Profile Yahoo Finance, accessed May 18, 2026.