Blackstone Group, also known as Blackstone Group, is one of the largest independent alternative asset management institutions in the world and a financial consulting service institution. Its alternative asset management business includes corporate private equity funds, real estate opportunity funds, hedge funds, senior debt funds, private hedge funds and closed-end mutual funds. Blackstone Group also provides various financial consulting services, including merger and acquisition consulting, reconstruction and restructuring consulting and financing services. Blackstone Group is headquartered in new york, USA, with offices in Atlanta, Boston, Chicago, Dallas, Los Angeles, San Francisco, London, Paris, Mumbai, Hong Kong and Tokyo. As of September 30, 2007, its total assets under management were about 98.2 billion US dollars, with 65 senior management directors and about 520 investment and consulting professionals.
In 2006, Blackstone Group's revenue exceeded $2.2 billion and its per capita profit was $2.95 million, eight times that of Goldman Sachs, and it has become the shining king of PE on Wall Street.
On June 22nd, 2007, it was listed on new york Stock Exchange (new york Stock Exchange code: BX).