Blackstone Inc. is a global investment company investing capital on behalf of pension funds, large institutions and individuals. It was founded in 1985 as a mergers and acquisitions firm by Peter Peterson and Stephen Schwarzman, who had previously worked together at Lehman Brothers. The company is headquartered at 345 Park Avenue in New York City, and trades on NYSE under the ticker BX as an S&P 500 component.
Blackstone's more than $1.1 trillion in Total Assets Under Management as of December 31, 2024 include global investment strategies focused on real estate, private equity, infrastructure, life sciences, growth equity, credit, real assets, secondaries and hedge funds. It operates through four business segments: Real Estate, Private Equity, Credit & Insurance, and Multi-Asset Investing. As of 2025, Blackstone had 5,285 employees and reported revenue of US$14.5 billion and net income of US$3.02 billion.
Recent Leadership News
In April 2026, Blackstone formed a new division called Blackstone N1, led by veteran executive Jas Khaira, to focus on the firm's artificial intelligence portfolio, which includes OpenAI and Anthropic.
Facts compiled by Executive Moves from publicly available news and press releases on 22 August 2026. Spotted an inaccuracy? Email us and we'll review within 1 business day.
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