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Blackstone Group
Brand Description Back  
In 1985 Peter G. Peterson and Stephen A. Schwarzman founded The Blackstone Group with a shared secretary and a balance sheet of $400,000.

Today Blackstone is a leading global alternative asset manager and provider of financial advisory services listed on the New York Stock Exchange (ticker symbol BX) with total assets under management of $119.4 billion as of June 30, 2008. They seek to create positive economic impact and long-term value for our investors, the companies they invest in, the companies they advise and the broader global economy. They do this through the commitment of their extraordinary people and flexible capital.