• Aug 12, 2014

    Final Environmental Impact Statement Issued by the U.S. Department of Energy for the Champlain Hudson Power Express

    Albany, New York, August 11, 2014. Transmission Developers Inc. is pleased to announce that the United States Department of Energy (DOE), in cooperation with other federal and state agencies, has issued the Final Environmental Impact Statement (FEIS) for the Champlain Hudson Power Express (CHPE) transmission line. The issuance of the FEIS concludes the successful review of the Project’s environmental impacts under the National Environmental Policy Act and clears the way for final Project permitting. DOE's proposed action is the issuance of a Presidential permit that would authorize the construction, operation, and maintenance of the proposed CHPE project
  • Aug 11, 2014

    Blackstone and Founders Buy Alliance Automotive Group from Weinberg Capital Partners

    Paris, August 11, 2014 – Private equity funds managed by Blackstone (“Blackstone”) announce the acquisition, along with the company’s founders, of Alliance Automotive Group, the leading wholesale distributor of automotive parts in France and the UK, from Weinberg Capital Partners.
  • Aug 06, 2014

    Blackstone and Goldman Sachs Merchant Banking Division Complete Acquisition of Ipreo

    New York, New York, August 6, 2014. Ipreo Holdings LLC (“Ipreo”), a leading global provider of market intelligence and workflow solutions to capital markets and corporate professionals, announced the completion of its acquisition by private equity funds managed by Blackstone (NYSE:BX) and by the Goldman Sachs Merchant Banking Division (“Goldman Sachs”) (together, the “Sponsors”). The Sponsors have acquired the business from affiliates of Kohlberg Kravis Roberts & Co. L.P. ("KKR"). Terms of the transaction were not disclosed.
  • Aug 05, 2014

    Blackstone-Backed Black Rhino and Dangote Industries to Invest $5 Billion in African Energy Infrastructure Projects

    New York, New York, August 5, 2014. Blackstone (NYSE:BX) and Dangote Industries today announced a commitment by Black Rhino, a portfolio company of Blackstone Energy Partners and affiliated funds managed by Blackstone, and Dangote Industries to jointly invest up to $5 billion over the next five years in energy infrastructure projects across Sub-Saharan Africa with a particular emphasis on power, transmission and pipeline projects.
  • Aug 01, 2014

    Logicor Acquires Spanish Logistics Portfolio

    August 1, 2014. Logicor, Blackstone’s European logistics platform and a leading operator of modern facilities in Europe, announces the acquisition of a portfolio of six high-quality Spanish logistics assets from Gran Europa, the leading Spanish developer of logistics centers in central Spain.
  • Jul 30, 2014

    Tamarind Energy and Blackstone Energy Partners to Form $800 Million Partnership with a Focus on South East Asia Oil and Gas Development

    New York and Kuala Lumpur, July 30, 2014. Tamarind Energy (“Tamarind” or the “Company”), a new exploration and production company headquartered in Kuala Lumpur, today announced its formation with a commitment from Blackstone Energy Partners. The Tamarind team is composed of a deep bench of senior executives with significant experience across a range of basins in South East Asia with a proven track record of delivering complex projects safely while creating significant value for their corporate partners and host governments. Tamarind will focus on growing production and reserves from producing oil and gas fields, efficiently developing discoveries and capturing exploration potential in and around proven plays to build a high-quality portfolio.
  • Jul 30, 2014

    Blackstone Backs Black Rhino to Invest in African Infrastructure and Power Development

    New York, New York, July 30, 2014. Global asset management firm Blackstone (NYSE:BX) today announced that it has partnered with Black Rhino, an African infrastructure development company, to identify, develop, finance, construct and operate large-scale infrastructure projects across Sub-Saharan Africa with a focus on the energy sector, including power generation, transmission, fuel storage and pipelines.
  • Jul 29, 2014

    Blackstone and Ivanhoé Cambridge Complete the Acquisition of 4,350,000 Shares of Gecina Representing 6.90% of Share Capital

    Paris, France, July 29, 2014. A jointly-owned affiliate, managed by Blackstone, of real estate funds managed by Blackstone and of Ivanhoé Cambridge, both acting in concert, has completed the acquisition from Metrovacesa SA of 4,350,000 shares representing 6.90% of Gecina’s share capital and voting rights.
  • Jul 28, 2014

    Blackstone Acquires 125 Old Broad Street from Brookfield Property Partners

    London, July 28, 2014 – Blackstone announces the acquisition of 125 Old Broad Street in London for £320 million from Brookfield Property Partners.
  • Jul 28, 2014

    Mark Burton Joins Strategic Partners to Lead Secondary Real Estate Business

    Strategic Partners Fund Solutions (“Strategic Partners”) announced today that Mark Burton has joined to lead its real estate secondaries practice. Mr. Burton will serve as a Principal and oversee Strategic Partners’ real estate secondary investment activities.
  • Jul 23, 2014

    Blackstone Charitable Foundation Releases Third Annual Request for Proposals to Organizations Fostering Entrepreneurship and Job Growth

    New York, July 23, 2014 – The Blackstone Charitable Foundation today announced the release of its third annual Request for Proposals for its Blackstone Innovation Grants, formerly known as Blackstone Organizational Grants. As part of the Foundation’s Entrepreneurship Initiative, the program will direct $3 million to nonprofits that focus on entrepreneurship and innovation for the 2014-2015 grant cycle. This commitment doubles the $1.5 million awarded for last year’s cycle, which received proposals from more than five hundred organizations around the world.
  • Jul 23, 2014

    Blackstone to Acquire Majority Stake in Service King Collision Repair Centers

    Washington, DC, New York, NY and Dallas, TX, July 23, 2014 – Service King Collision Repair Centers, today announced a partnership with private equity funds controlled by Blackstone (NYSE: BX) to recapitalize one of the largest independent U.S. chains of automobile body repair centers. The Carlyle Group (NASDAQ: CG) together with its co-investors and the management and employees of Service King will retain a significant minority stake in the Company. Terms of the transaction, which is expected to close during the third quarter, were not disclosed.
  • Jul 17, 2014

    Blackstone Reports Second Quarter 2014 Results

    To view the full report please click the following link – Blackstone's second quarter 2014 earnings release. Blackstone will host a conference call on July 17, 2014 at 11:00 a.m. ET to discuss second quarter 2014 results. The conference call can be accessed by dialing +1 (877) 391-6747 (U.S. domestic) or +1 (617) 597-9291 (international) pass code 149 943 55#.
  • Jul 15, 2014

    Blackstone Mortgage Trust Announces Second Quarter 2014 Earnings Release and Conference Call

    New York, NY – July 15, 2014. Blackstone Mortgage Trust, Inc. (NYSE: BXMT) today announced that it will publish its second quarter 2014 earnings presentation on its website at www.bxmt.com and file its Form 10-Q after market close on Tuesday, July 29, 2014.
  • Jul 09, 2014

    Schwarzman Scholars Endowment Achieves $300 Million Fundraising Milestone

    NEW YORK AND BEIJING, July 9, 2014 – In conjunction with its official participation in the fifth annual U.S.-China Consultation on People-to-People Exchange (CPE), Schwarzman Scholars is pleased to announce that it has achieved its initial fundraising goal of $300 million in just over one year.
  • Jul 03, 2014

    Blackstone Announces Closing of Gates Acquisition

    New York, NY, July 3, 2014. Blackstone (NYSE: BX) today announced that it has closed the previously announced acquisition of Gates Corporation (“Gates”). Private equity funds managed by Blackstone on behalf of its investors have acquired Gates for $5.4 billion.
  • Jun 23, 2014

    Blackstone Announces Second Quarter 2014 Investor Call

    New York, June 23, 2014. Blackstone (NYSE:BX) announced today that it will host its second quarter 2014 investor conference call on Thursday, July 17, 2014 at 11:00 a.m. ET. Steve Schwarzman, Chairman and Chief Executive Officer; Tony James, President and Chief Operating Officer; Laurence Tosi, Chief Financial Officer; Joan Solotar, Senior Managing Director – External Relations and Strategy; and Weston Tucker, Head of Investor Relations, will review Blackstone’s second quarter 2014 results. The conference call can be accessed by dialing +1 (877) 391-6747 (U.S. domestic) or +1 (617) 597-9291 (international) pass code 149 943 55#.
  • Jun 23, 2014

    Blackstone Announces Second Quarter 2014 Media Call

    New York, June 23, 2014. Blackstone (NYSE:BX) announced today that it will host a conference call for the media on Thursday, July 17, 2014 at 9:30 a.m. ET to review second quarter 2014 results.
  • Jun 23, 2014

    Blackstone Participates in White House Summit on Working Families

    New York, June 23, 2014. Blackstone (NYSE: BX) today announced that its Global Head of Human Resources, Laura Waitz, will participate in the White House Summit on Working Families. The summit is designed to help eliminate barriers based on gender and family responsibilities in an effort to ensure the continuing competitiveness of America’s labor force in the global economy. At the summit, Waitz will act as Blackstone’s representative in a dialogue between the private and public sectors about current issues facing working families. Blackstone has established extensive policies to make fulfilling both work and family responsibilities easier for its employees.
  • Jun 11, 2014

    Liazon Selected as Preferred Private Exchange Partner by Equity Healthcare, LLC

    Buffalo, NY, June 11, 2014. Equity Healthcare, LLC, today announced that it has selected Liazon Corporation as its preferred national private benefits exchange partner for its 40+ affiliated companies. Liazon joins leading healthcare related programs and services offered by Equity Healthcare to the companies of the global asset manager Blackstone, other private equity firms, and certain non-profit organizations. Liazon will make its industry-leading Bright Choices® Exchange available to the employees and their families who are currently covered by Equity Healthcare and decide to pursue an exchange solution.