Blackstone Inc.

Last price update: 26 Apr 24 23:00 GMT

Price:
$122.49
Open:
$122.91
Previous close:
$122.53
Day's range:
$122.01 - $123.39
Year's range:
$79.92 - $133.56
Net Income per Share:
2.84
Price-to-Earnings ratio:
43.13
52-week Price Range:
$125.94
Volume:
$2,874,295.00
Average volume:
$3,659,857.00

Company profile for Blackstone Inc.

Blackstone Inc. logo

Blackstone Inc. is a leading alternative asset management firm which specializes in real estate, private equity, hedge fund solutions, credit, secondary funds of funds, public debt and equity and multi-asset class strategies. Established in 1985, the firm is headquartered in New York, New York and has offices across Europe, Asia and North America. It typically invests in early-stage companies and provides capital markets services.

The real estate segment of the firm focuses on opportunistic, core+ investments, debt investment opportunities collateralized by commercial real estate, and stabilized income-oriented commercial real estate across North America, Europe and Asia. The corporate private equity business pursues transactions throughout the world across a variety of transaction types, including large buyouts, special situations, distressed mortgage loans, mid-cap buyouts, buy and build platforms, growth equity/development projects, shipping, real estate, corporate or consumer loans, and alternative energy greenfield development projects in energy and power, property, dislocated markets, shipping opportunities, financial institution breakups, re-insurance, and improving freight mobility, financial services, healthcare, life sciences, enterprise tech and consumer, as well as consumer technologies. The firm also considers investments in Asia and Latin America and has a three year investment period.

The hedge fund business of Blackstone Inc. manages a broad range of commingled and customized fund solutions and its credit business focuses on loans, and securities of non-investment grade companies spread across the capital structure including senior debt, subordinated debt, preferred stock and common equity. The firm has a long-term track record of success with a portfolio of investments across various asset classes and geographies.

Blackstone Inc. has achieved considerable success since its establishment, with assets under management of over $571 billion as of June 30, 2020. It is one of the largest alternative asset managers in the world and is listed on the New York Stock Exchange (NYSE: BX). The firm has also been recognized for its commitment to sustainability, having been included in the Dow Jones Sustainability Indices (DJSI) for five consecutive years.

Stock exchanges:
NYSE
Sector:
Financial Services
Industries:
Asset Management
Ticker:
BX
CIK:
1393818
ISIN:
US09260D1072
Website:
https://www.blackstone.com
Phone:
212 583 5000
Origin:
United States
Employees:
4,695