What does Blackstone strategic partners do?
We focus on acquiring secondary interests in mature infrastructure and real asset funds in addition to providing capital to tactical general-partner-led transactions and fund/asset recapitalizations.
Is Blackstone a general partner?
Entering the Private Equity World The general partner, who in this case is Blackstone, contributes a rather small amount of money to the partnership and is responsible for allocating the pooled money into several different investment opportunities.
Who is The Blackstone Group?
The Blackstone Group
| Blackstone Headquarters at 345 Park Avenue | |
|---|---|
| Founder | Peter G. Peterson Stephen A. Schwarzman |
| Headquarters | 345 Park Avenue New York, NY 10154 U.S. |
| Key people | Stephen A. Schwarzman (chairman and CEO) |
| Products | Private equity alternative investment management |
What does a strategic partner do?
A strategic partnership is a business partnership that involves the sharing of resources between two or more individuals or companies to help all involved succeed. Strategic partners are usually non-competing businesses and often share both the risks and rewards of the decisions of both companies.
What’s the difference between Blackstone and BlackRock?
His firm, BlackRock, is the world’s largest asset manager, with $6trn of assets. It stands for computing power, low fees and scale, and is booming. Mr Schwarzman’s firm, Blackstone, is the largest “alternative” manager, focused on private equity and property, with $387bn of assets.
Why do hedge funds buy houses?
Instead of reinvesting their money into richly valued U.S. stocks or low-yielding bonds, hedge funds have turned to buying houses in booming locations. It provides a hedge to their normal business of being long/short of securities.
How many partners are at Blackstone?
Making partner at Blackstone is not simply a waiting game. In January, three managing directors – Wesley LePatner and Jacob Werner in New York, and Samir Amichi in London – moved up to partner and senior managing director, bringing the real estate team’s partner count to 29 out of 450 employees globally.
Who owns the BlackRock Group?
Laurence D. Fink
Laurence D. Fink is Founder, Chairman and Chief Executive Officer of BlackRock. He and seven partners founded BlackRock in 1988, and under his leadership, the firm has grown into a global leader in investment and technology solutions.
What are key strategic partners?
A strategic partner is another business entity with which you form an agreement to share resources with the mission of growth and mutual success.
What is a strategic partner example?
As examples, an automotive manufacturer may form strategic partnerships with its parts suppliers, or a music distributor with record labels. The activities of a strategic partnership can also include a shared research & development department between the partners.