Blackstone

Blackstone is an American alternative asset manager and investment firm headquartered in New York City.

Blackstone is an American alternative asset manager and one of the world’s largest private-market investors. It manages over $1.3 trillion in assets across private equity, real estate, credit, and infrastructure.

What it is

Blackstone is a New York-based investment firm founded in 1985 by Stephen Schwarzman and Peter Peterson. It is the world’s largest alternative asset manager, with more than $1.3 trillion in assets under management. The firm invests in private equity, real estate, credit, infrastructure, and other private-market strategies.

How it works

Blackstone raises capital from institutional and individual investors and invests it across private markets. Its strategies include buying, improving, and selling businesses and assets. The firm’s reported business segments include private equity, real estate, credit and insurance, and hedge fund solutions, as well as infrastructure, life sciences, and growth equity.

Why it matters for Canada

Blackstone is relevant to Canadian readers as a global investment firm that can affect Canadian real estate, credit markets, pension fund allocations, and private-market investing opportunities. Its scale and reach mean it can influence asset prices and investment trends in Canada.