• Dec 30, 2008

    Blackstone to Invest in Nuziveedu Seeds

    New York / Mumbai, December 30, 2008: The Blackstone Group (NYSE: BX), announced today that the Board of Directors of NSL Group (“NSL”) have approved an investment into “NSL Seeds” the flagship company of the privately-owned NSL group, by The Blackstone Group and its affiliates (“Blackstone”) for a minority position. As part of this transaction, Blackstone will have representation on the Board of NSL Seeds. The amount of the investment was not disclosed.
  • Dec 23, 2008

    Blackstone To Rationalize Single Manager Hedge Funds Businesses In Efficiency Move

    New York, December 23, 2008: The Blackstone Group (NYSE: BX) said today that it is making several changes to the single manager hedge funds businesses within its Marketable Alternative Asset Management (MAAM) segment.
  • Dec 01, 2008

    Blackstone & CMS to Form New Unit

    Mumbai, December 1, 2008: The Blackstone Group (NYSE: BX; china.blackstone.com) today announced that it is partnering with the CMS Group to setup a new company by carving out the IT Infrastructure Management and Outsourced Business Services divisions (comprising Card Solutions, Transaction Printing Solutions and ATM Cash Management) of CMS Computers Ltd. Blackstone will own a majority stake in this new company and will have majority representation on the board. The promoters, primarily the Grover family, will hold a substantial minority stake in the new company. The new company has entered into an agreement with Mr Rajiv Kaul, ex-CEO of Microsoft India, to be the Executive Vice Chairman and CEO of the new company and lead the company in to the next phase of growth.
  • Nov 06, 2008

    The Blackstone Group Reports Third Quarter 2008 Results

    Blackstone will host a conference call on November 6, 2008 at 11:00 a.m. ET to discuss third quarter 2008 results. The conference call can be accessed by dialing (888) 713-4211 (U.S. domestic) or +1 (617) 213-4864 (international) pass code 80404062.
  • Nov 04, 2008

    Blackstone to Present at the Merrill Lynch Banking & Financial Services Conference

    New York, November 4, 2008: The Blackstone Group (NYSE: BX) today announced that Stephen A. Schwarzman, Chairman, Chief Executive Officer and Co-founder of The Blackstone Group, is scheduled to present at the Merrill Lynch Banking & Financial Services Investor Conference on Tuesday, November 11, 2008 at 9:40 am EST.
  • Oct 30, 2008

    Korea National Pension Service and Blackstone in Investment Agreement

    Today, the MOU was signed by Mr. Park Haechun, President of NPS, and by Mr. Tony James, President of Blackstone Group (Ben Jenkins, Head of Private Equity in Asia Pacific at Blackstone Group, signed on behalf of Tony James, the President) at a signing ceremony held at NPS center building in Seoul.
  • Oct 29, 2008

    Blackstone Announces Third Quarter 2008 Earnings Conference Call

    New York, October 29, 2008: The Blackstone Group L.P. (NYSE:BX), announced today that it will host its third quarter investor conference call Thursday, November 6, 2008 at 11:00 am ET. Stephen Schwarzman, Chairman and Chief Executive Officer, Tony James, President and Chief Operating Officer; Laurence Tosi, Chief Financial Officer; and Joan Solotar, Senior Managing Director – Public Markets, will review The Blackstone Group L.P.’s third quarter earnings. The conference call can be accessed by dialing (888) 713-4211 (U.S. domestic) or +1 617-213-4864 (international) pass code 80404062.
  • Oct 29, 2008

    Blackstone Announces Third Quarter 2008 Earnings Conference Call for the Media

    New York, October 29, 2008: The Blackstone Group L.P. (NYSE:BX), announced today that it will host a 9:30 am (EST) conference call for the media on Thursday, November 6, 2008 on its third quarter 2008 earnings results. The conference call can be accessed by dialing +1 866-814-8483 (U.S. domestic) or +1 703-639-1373 (international).
  • Oct 28, 2008

    Blackstone Completes Acquisition of Apria Healthcare Group Inc

    LAKE FOREST, CA…October 28, 2008…Apria Healthcare Group Inc. (NYSE: AHG) today announced that The Blackstone Group (NYSE: BX) has completed its acquisition of Apria for a total purchase price of approximately $1.7 billion, inclusive of retired debt and associated transaction costs. Under the terms of the agreement, Apria stockholders will receive $21.00 in cash for each share of Apria common stock that they own, without interest and less applicable withholding taxes.
  • Oct 06, 2008

    ChemChina and Blackstone Announce Bluestar Closing

    Beijing/New York, October 6th, 2008 – China National Chemical Corporation (“ChemChina”) and The Blackstone Group (“Blackstone”) today announced the closing of Blackstone’s investment in China National Bluestar (Group) Corporation (“Bluestar”), a wholly owned subsidiary of ChemChina. Bluestar has also completed its group restructuring and has registered as a Sino-foreign joint stock limited company. Blackstone will invest up to US$600 million in Bluestar for a 20% stake. Two Senior Managing Directors of Blackstone, Antony Leung and Ben Jenkins, will join the board of Bluestar.
  • Oct 03, 2008

    Freescale Sharpens Focus

    Investment strategy to strengthen global leadership positions AUSTIN, TX, October 2, 2008 – Freescale Semiconductor, the global leader in embedded processing, today announced plans to sharpen the Company’s strategic focus on growth markets and its key leadership positions.
  • Sep 30, 2008

    Blackstone Hires Asia Advisory Team

    New York/Beijing, September 30, 2008: The Blackstone Group (NYSE: BX) today announced that it has appointed a new team of advisory professionals for its Asia region, based in Hong Kong and Beijing. The team, which is twelve strong, includes two partners and three managing directors.
  • Sep 18, 2008

    Dean of Harvard Business School Joins Blackstone’s Board of Directors

    New York, September 18, 2008: The Blackstone Group (NYSE: BX) today announced that Jay O. Light, the Dean of Harvard Business School, has joined the firm’s Board of Directors.
  • Sep 09, 2008

    Olivier Meyohas to Head BAAM London

    London; September 9th, 2008: Blackstone Alternative Asset Management (“BAAM”), the fund of hedge funds segment of The Blackstone Group (NYSE:BX) with approximately $31 billion under management at the end of June 2008, today announced that Olivier Meyohas has joined as a Managing Director to head its London office and lead its business in Europe, the Middle East & Africa.
  • Sep 05, 2008

    Blackstone to Present at the Lehman Brothers Global Financial Services Conference

    New York, September 5, 2008: The Blackstone Group (NYSE: BX) today announced that Tony James, President and Chief Operating Officer of The Blackstone Group, is scheduled to present at the Lehman Brothers Global Financial Services Conference on Tuesday, September 9, 2008 at 1:00 pm EDT.
  • Sep 03, 2008

    Silicon Valley Technology Banker to Join Blackstone

    New York, September 3, 2008: The Blackstone Group (NYSE:BX) today announced that Ivan Brockman has joined as a Senior Managing Director in the firm’s corporate advisory business. He will open a new office for Blackstone in Menlo Park, California. Mr. Brockman has over 14 years of experience in the technology business as an investment banker and as an attorney specializing in corporate securities and M&A. Before joining Blackstone, he was cohead of West Coast Technology Investment Banking for Citigroup, and led Citigroup’s global investment banking efforts in the enterprise systems and software industries. He also served on several of the firm’s investment banking committees. Before joining Citigroup, he was with Goldman Sachs’ technology, media and telecom investment banking group. He also spent several years with the technology-focused Palo Alto law firm, Wilson Sonsini Goodrich and Rosati.
  • Aug 27, 2008

    Osum Oil Sands Corp Announces $275 Million Financing

    August 27, 2008 – Calgary, Canada – Osum Oil Sands Corp (“Osum”), a privately-held company focused on bitumen extraction, today announced that it has closed a private equity financing for a total of CDN $275 million at a price of CDN $10.50 per share. The financing was led by Warburg Pincus LLC (“Warburg Pincus”) and included a substantial investment by Blackstone Capital Partners V LP (“Blackstone”).
  • Aug 07, 2008

    Blackstone Establishes Cleantech Energy Group

    New York, August 7, 2008: The Blackstone Group (NYSE: BX) today announced the establishment of a new business group that will be focused on investments in the cleantech energy sector and will also provide advice on renewable energy strategies across Blackstone’s diverse asset base.
  • Aug 06, 2008

    The Blackstone Group Reports Second Quarter 2008 Earnings

    Blackstone will host a conference call on August 6, 2008 at 11:00 a.m. ET to discuss second quarter 2008 results. The conference call can be accessed by dialing (888) 713-4218 (U.S. domestic) or +1 (617) 213-4870 (international) pass code 60801794.
  • Aug 03, 2008

    Blackstone Opens Beijing Office

    Beijing Aug. 4th, 2008 and New York Aug.3rd, 2008: The Blackstone Group (NYSE: BX) today announced that it is opening a representative office in Beijing with Mr. Shan Fu as its chief representative, based in Beijing.