Founded in 1985 by Stephen Schwarzman and Peter Peterson, the Blackstone Group has become an international leader in alternative asset management. Providing global investment and advisory services, Blackstone earned early recognition for its dedication to clients and ethical standards, and it has maintained these values over the past 30 years. Since its creation, the organization has grown to include more than 1,500 employees and 22 offices across the world. Its portfolio is worth more than $190 billion and consists of private companies, public entities, charities, academic institutions, and pension funds.
In addition to its investment offerings, Blackstone advises companies on numerous matters. Its staff aids with complex commercial transactions such as mergers and acquisitions. Firms turn to it for guidance during restructuring and reorganization. Even governments hire Blackstone to improve their country’s financial status.
About the Author: A Partner with Simpson Thacher & Bartlett LLP, Wilson Neely focuses on public and private mergers and acquisitions, securities transaction, and private equity. In 1994, Neely supervised the Blackstone Group’s high-yield financing and recapitalization of UCAR International.