Blackstone Blog
 
07

Oct

2011

Over 700 Jobs Created

Today, Blackstone President and COO Tony James attended an event to celebrate the official reopening of the Delaware City petroleum refinery, which was closed in 2009 by a previous owner.  Mr. James toured the refinery and delivered remarks at the event, attended by Delaware Governor Jack Markell, U.S. Senator Thomas Carper, U.S. Senator Christopher Coons, International Vice President of the United Steelworkers Gary Beevers, and First Reserve Managing Director Tim Day, as well as other dignitaries and employees of the refinery. (more...)
07

Oct

2011

The Blackstone Charitable Foundation today announced the launch of a new $3 million regional initiative - (more...)
29

Sep

2011

The following interview was conducted with Ken Allen, a Vice President in Blackstone’s Advisory Practice, who leads Blackstone’s coverage of the Digital Media sector. (more...)
27

Sep

2011

In a CNBC interview on September 22nd, Blackstone’s President, Tony James, said there are four primary reasons why private equity serves as an engine of economic growth. Because of time, he was only able to share the first two. We have received many requests for Tony’s “Top Four”, so here they are. (more...)
15

Sep

2011

1. Blackstone hosted its inaugural Tech Forum in Silicon Valley today, Ivan, what was the genesis behind organizing the Forum?

Silicon Valley is a truly unique ecosystem of technology innovation, and we’re eager to show our continued support through our inaugural Technology Forum. Blackstone’s Technology Advisory team works with executives from leading companies across the technology landscape.  At the same time, our portfolio companies realize that technology investments are a key driver of growth and operational improvements. The Technology Forum is an opportunity for Blackstone to showcase propriety resources across the firm including our Operating Partners, CIO network, Advisory Group and client network to create an interesting environment for collaboration. (more...)
12

Sep

2011

The following op-ed by Mr. Schwarzman ran in the (more...)
15

Aug

2011

A tradition that started in Blackstone's Hedge Fund Solutions Group (BAAM) four years ago was extended to the entire firm this year with great success. Blackstone employees across all business units partnered with First Day New York to sponsor 150 New York City students with backpacks, first day of school outfits and school supplies. BAAM sponsored 20 students in their first year, and with the support of the entire firm, that number has grown significantly to 150. According to First Day New York, Blackstone remains the leading sponsor for providing backpacks to at-risk children living in New York City. (more...)
14

Jul

2011

Within the first nine months of implementation, The Blackstone Launchpad program has enrolled more than 300 students and has created a network of 30 coaches to support, guide, and encourage budding entrepreneurs. Of those 300 students, 110 have completed initial venture proposals. Modeled after the successful LaunchPad program at the University of Miami, The Blackstone Charitable Foundation developed and funded two new LaunchPad programs in Detroit at Wayne State University and Walsh College. The programs started at the schools in September of 2010. (more...)
29

Jun

2011

With continued support from the Blackstone Charitable Foundation, Eagle Academy Scholars pass and excel in the 2011 New York State Regents exams. Since 2009, Blackstone employees have worked with the students, administrators and teachers of Eagle Academy in Brownsville, Brooklyn, a school committed to educating young men from low-income neighborhoods to be “globally conscious and globally competitive.” Our commitment includes mentoring students, teaching weekend classes, and providing professional development training. (more...)
28

Jun

2011

Today, on behalf of our investors, we closed on the $9 billion acquisition of Centro Properties’ U.S. assets and platform. Centro is the second largest owner of community and neighborhood shopping centers in the U.S. and a leader in redevelopment. Assets include 585 community and neighborhood shopping centers and related retail assets with an aggregate of 92.1 million square feet across 39 states. (more...)
 

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