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    Blackstone Inc.
    financial services

    Blackstone Inc.

    United Kingdom flagUnited Kingdom

    "The world's largest alternative investment firm"

    Founded 1985 New York City CEO: Stephen A. Schwarzman
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    About

    Blackstone Inc. manages $1.2 trillion in assets as of September 2025, making it the largest alternative investment firm on the planet. The company was founded in 1985 by Peter Peterson and Stephen Schwarzman, two former Lehman Brothers bankers who started with just $400,000 in seed capital. Originally a mergers and acquisitions advisory shop, Blackstone has since expanded into private equity, real estate, credit, infrastructure, hedge funds, secondaries, growth equity, life sciences, and insurance solutions.

    Headquartered at 345 Park Avenue in New York City, the firm went public on the NYSE in 2007 under the ticker BX and converted from a publicly traded partnership to a corporation in 2019. Stephen Schwarzman remains chairman and CEO, while Jonathan Gray serves as president and COO. Blackstone's scale gives it a distinct edge in deal sourcing and fundraising, with roughly $800 billion in fee-earning assets. The firm's wealth management products, including BREIT and BCRED, have opened alternative investments to individual investors, reducing the company's dependence on exit-driven earnings.

    Products & Sub-brands

    Private EquityReal EstateCreditInfrastructureLife SciencesHedge FundsSecondariesGrowth EquityInsurance SolutionsBREIT (Blackstone Real Estate Income Trust)BCRED (Blackstone Private Credit Fund)

    Frequently Asked Questions

    Who owns Blackstone?
    Blackstone is owned mainly by public shareholders and trades on the NYSE as BX since its 2007 IPO. No single parent company controls it; Stephen A. Schwarzman and Jonathan Gray remain important insider holders, but ownership is broadly distributed across institutions and individual investors.
    Who is the CEO of Blackstone?
    Stephen A. Schwarzman is the Chairman and CEO of Blackstone Inc. He co-founded the firm in 1985 with Peter Peterson and has led it continuously for over four decades, making him one of the longest-serving CEOs in the financial services industry.
    How much is Blackstone worth?
    Blackstone's market capitalization was approximately $146.2 billion as of 2024. The firm manages $1.27 trillion in assets under management as of 2025, generating $14.5 billion in annual revenue, making it the world's largest alternative investment firm.
    Blackstone vs. KKR — which is bigger?
    Blackstone is larger than KKR, with $1.27 trillion in AUM compared to KKR's roughly $600 billion. Both compete across private equity, credit, and real estate, but Blackstone's scale, real estate platform, and wealth products like BREIT give it a broader competitive edge.
    Is Blackstone still in business?
    Yes, Blackstone is very much in business and thriving. As of September 2025, it manages $1.2 trillion in assets, employs over 5,200 people, and remains the world's largest alternative investment firm, publicly traded on the NYSE under ticker BX.

    Keywords

    Blackstonealternative investmentprivate equityreal estatecreditinfrastructurehedge fundsasset managementStephen SchwarzmanBREITBCRED

    Sources

    WikipediaGlobalDataUmbrexPESTEL AnalysisPESTEL Analysis

    Company Info

    Founded
    1985
    Founder
    Peter George Peterson, Stephen A. Schwarzman
    CEO
    Stephen A. Schwarzman
    Headquarters
    New York City
    Industry
    financial services
    Revenue
    14500000000
    Employees
    5285
    Assets Under Management
    $1.27 trillion (2025)
    Stock Ticker
    BX (NYSE)

    Official Website

    www.blackstone.com/

    Links

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