Blackstone, its affiliates and employee investment The fund has the flexibility to invest throughout the capital structure of a company in bank loans, public debt, public and private equity. Blackstone Strategic Partners Secondaries VII Trust 250 Vesey Street 11th Floor New York, NY 10080 United States. Home; Find investors for this company . Verdun S. Perry is a Senior Managing Director and Co-Head of Strategic Partners, Blackstone’s secondary fund of funds business, which it acquired from Credit Suisse in August 2013. Founded. Blackstone (NYSE: BX) announced an agreement with Credit Suisse to acquire Strategic Partners, Credit Suisse’s dedicated secondary private equity business with $9 billion in … Strategic Partners, Blackstone’s (NYSE:BX) secondary and fund solutions business, announced today the final close on $1.9 billion for Strategic Partners Real Estate VII L.P. and its related committed program vehicles (collectively, "SP Real Estate VII"). Strategic Partners set to return to market The Blackstone unit, run by global head Verdun Perry, is expected to hold its first close in H2 for Strategic Partners Fund IX. Business Unit Overview: Strategic Partners Fund Solutions is a leading investor in the secondary market for institutional and private-wealth limited-partner interests in private equity, real estate, venture capital, and other areas. Materials from previous years are available below in PDF format. Senior supervisor - fiscal . In 2012, Blackstone went paperless with its Annual Reports and now releases Annual Chairman's Letters online. … In 2019, Blackstone entered into a long-term investment partnership with SERVPRO, a leading provider of disaster, mitigation and reconstruction services. Blackstone Third Quarter 2019 Earnings. Strategic Partners has acquired a $1 billion portfolio of infrastructure assets days after closing the largest-ever fund dedicated to the strategy.. Download our latest insights . New York, NY - August 6, 2019 – BC Partners, a leading international private equity firm, today announced that Blackstone Alternative Asset Management (“BAAM”) has acquired a passive, minority investment in the firm. Strategic Partners has executed over 1,450 transactions that represent interests in over 4,000 underlying fund vehicles managed by nearly 1,400 financial sponsors. The portfolio acquired from a sovereign wealth fund is probably the largest-ever infrastructure sale, said Blackstone COO Jon Gray. Cathay Life Insurance commits to Strategic Partners’ debut GP-leds fund. Blackstone Strategic Partners backs Optimum's second property fund 5 APRIL 2018BY IPE STAFF New investors, including Blackstone’s secondary and private market solutions platform, have backed Optimum Asset Management’s second property fund to raise an additional €100m. Strategic Partners, Blackstone’s (NYSE:BX) secondary and fund solutions business, announced today the final close on $1.9 billion for Strategic Partners … Listen to Replay (To begin approximately two hours after the event): Strategic Partners has held the final close on its latest secondaries programme, the largest dedicated pool raised for the strategy.. Blackstone Strategic Partners Closes Eighth Fund at $11.1 Billion 17 July 2019 New York, July 17, 2019 – Strategic Partners, Blackstone’s (NYSE:BX) secondary and fund solutions business, announced today the final close on over $11 billion for Strategic Partners VIII L.P. and its related committed program vehicles (collectively, “SP VIII”). For additional shareholder-related information about Blackstone: US: +1 888-756-8443. International: +1 646-313-6590. This 2004 vintage fund invests in the debt and equity of companies in the U.S., Europe and Asia experiencing financial, operational or cyclical distress. Anything missing? Peter Song is a Managing Director, Chief Operating Officer and General Counsel, having joined Strategic Partners in 2000. Strategic Partners, Inc Salaries. Yankee Global Enterprises with Strategic Partners Sinclair and Amazon Acquire YES Network from Disney Financial Partners are RedBird Capital, Blackstone … Follow Blackstone on Twitter @Blackstone. The returns that Blackstone has earned since its establishment just over three decades ago are impressive by any standards. Strategic Partners is a global leader in illiquid fund investing, including secondaries, co-investments and primary advisory. New York, July 20, 2020 — Strategic Partners, Blackstone’s (NYSE:BX) secondary and fund solutions business, announced today the final close on $3.75 billion for Strategic Partners Infrastructure III L.P. and its related committed program vehicles (collectively, “SP Infrastructure III”). The Strategic Partners business was founded in 2000 and has significant experience in providing limited partners a range of liquidity solutions across illiquid asset classes on a fair, timely and confidential basis. The Blackstone Group salaries are collected from government agencies and companies. Strategic Partners, Blackstone’s secondary and fund solutions business, has announced the final close on over $11 billion for Strategic Partners VIII L.P. fund and its related committed program vehicles. Strategic Partners Finance – Middle Office and Cash Management, Analyst/ Associate Blackstone New York, NY 6 days ago Be among the first 25 applicants Review the key principles of change management so you can understand what holds people back to help them move forward. BlackstoneShareholderRelations@Blackstone.com. Questions for the Shareholder Relations Department can be submitted through the form below. The firm has participated in GP-led deals through its global secondaries fund, (the latest of which closed on more than $11 billion in 2019), but the firm saw the opportunity to raise a separate pool of capital just for those types of deals. Fields marked with an * are required. Strategic Partners was Blackstone’s top performer as Stephen Schwarzman came out fighting on the investment manager’s third-quarter earnings call.. Blackstone is proud to partner with this family-owned business to support its further expansion. Recently, SERVPRO has also helped provide essential cleaning services for homes and businesses during the COVID-19 pandemic. Founded in 1967, SERVPRO has grown into a network of over 1,700 franchises in North America. Open map. :45–56 The founders named their firm "Blackstone", which was a cryptogram derived from the names of the two founders (Schwarzman and Peterson): "Schwarz" is German for "black"; "Peter", or "Petra" in Greek, means "stone" or "rock". ... Strategic Partners Assistant . $55,960 / yr. The Blackstone Group average salary is $117,153, median salary is $105,000 with a salary range from $36,000 to $275,000. 1 Dividends since IPO include $0.59/share of value distributed to shareholders upon spin-off of PJT on October 1, 2015. Verdun Perry joined Credit Suisse in November 2000 when it acquired Donaldson, Lufkin & Jenrette (“DLJ”), where he was an Associate in the Investment Banking. So far as relevant, the only clients of BGIP are its affiliates. Manager salaries - 3 salaries reported. The Blackstone unit launched a dedicated strategy focusing on GP-led processes this year. Prior to joining Strategic Partners, Mr. Song was a Corporate Associate at Fried, Frank, Harris, Shriver & Jacobson and Kramer Levin Naftalis & […] At Lehman, Schwarzman served as head of Lehman … Funds managed by Blackstone Strategic Partners. Blackstone’s Strategic Partners has closed its seventh real estate secondaries fund at $1.9 billion. SPP’s development approach of integrating the principles of walkability, sustainability, connectivity, design quality, and wellness, will serve as a catalyst to regional success and growth. Download our latest insights . $649B AUM Note: All figures as of March 31, 2021, unless otherwise […] 06 August 2019. Blackstone Strategic Partners Secondaries VII Trust. SP Infrastructure III is the world’s largest pool of capital dedicated to infrastructure secondaries. Blackstone’s Strategic Partners acquires portfolio from Alaska Permanent in ‘largest-ever’ infra secondaries deal. Ryan is currently the President of Solops, LLC a premiere developer in the solar C&I space which he co-founded in 2010. Verdun Perry, Blackstone's global head of strategic partners, sees the secondary market surpassing $100 billion in 2021 and says returning employees to offices is "great for the economy." Blackstone has raised $620.725 million for its second strategic partners real estate fund, one year after launching it, according to an SEC filing. I applied online. Each salary is associated with a real job position. Blackstone Strategic Partners News Call Blackstone Strategic Partners at +1 212 583 5000; Add an executive. About Blackstone Blackstone … Find out the professional email of JAMES MCLAUGHLIN , Assistant Vice director, the blackstone group. Fund Solutions (“Strategic Partners”), our infrastructure-focused funds as Blackstone Infrastructure Partners (“BIP”), our life sciences private investment platform, Blackstone Life Sciences (“BXLS”), our multi-asset investment program for eligible high net worth investors offering exposure to certain of our key Blackstone’s Strategic Partners has closed its third infrastructure fund at $3.75 billion. The Blackstone unit raised $11.1 billion for Strategic Partners VIII and related separately managed accounts, according to a statement.The fund came to market in May last year targeting $8 billion, Secondaries Investor reported. If you are part of the Blackstone Advantage Community, please log in here. Strategic Partners has held the final close on its latest secondaries programme, the largest dedicated pool raised for the strategy.. Verdun S. Perry is a Senior Managing Director at Blackstone and the Global Head of Blackstone Strategic Partners (“Strategic Partners”), Blackstone’s dedicated secondary fund manager, with $36 billion of assets under management. 24. Strategic Partners, Blackstone’ s secondary and fund solutions business, announced today the final close on over $11 billion for Strategic Partners VIII … The Blackstone Group was founded in 1985 by Peter G. Peterson and Stephen A. Schwarzman with $400,000 in seed capital. $63,671 / yr. Review the key principles of change management so you can understand what holds people back to help them move forward. Breadcrumb. Guided by four investment themes – Health & Wellbeing, Financial Access, Sustainable Communities and Green Technologies – we seek to gain exposure to impact investments via co-investments alongside a wide range of financial sponsors. Note: All figures as of March 31, 2021, unless otherwise indicated. *As of March 31, 2021. Follow Blackstone on Twitter @Blackstone. The portfolio was offloaded by Alaska Permanent Fund in a process managed by Evercore, according to two sources familiar with the matter. Job Title. In addition to Strategic Partners, Blackstone engages in the following businesses: Private Equity Private Equity investments span a wide range of industries and continents in businesses large and small with assets under management as of December 31, 2016 of … Blackstone Alternative Asset Management (BAAM®) manages approximately $81 billion across a diversified set of businesses, including a customized portfolio solutions business, a special situations platform, a business that purchases GP stakes in alternative asset managers, an open-ended mutual fund platform, and an emerging manager seeding business. Nik Morandi is a Managing Director within Blackstone’s Strategic Partners team and leads the private equity investment activities for Strategic Partners in Europe. 76. Change is constant—and inevitable. Get his/her professional email address for free Walid Rabhiou . Blackstone has had a secondaries group since 2013, when it acquired Strategic Partners from Credit Suisse. Change is constant—and inevitable. Fund Solutions (“Strategic Partners”), our infrastructure-focused funds as Blackstone Infrastructure Partners (“BIP”), our life sciences private investment platform, Blackstone Life Sciences (“BXLS”), our multi-asset investment program for eligible high net worth investors offering exposure to … Blackstone chief financial officer Michael Chae said on the firm’s third quarter earnings call in October that Strategic Partners had had a “standout quarter”, with appreciation of 9.6 percent. Mr. Song sits on the Investment Committee for each of the Strategic Partners funds. The Blackstone Group Salary. Strategic Partners, Blackstone's (NYSE:BX) secondary and fund solutions business, announced today the final close on $1.9 billion for Strategic Partners … Was all behavorial questions. GI Partners said the undisclosed stake was acquired by Blackstone’s Strategic Capital Group, a vehicle managed by Blackstone Alternative Asset Management (BAAM) that specialises in acquiring long-term interests in alternative managers. Blackstone is a leading global investment business investing capital on behalf of pension funds, large institutions and individuals. BC Partners Announces Strategic Minority Partnership with Blackstone. SP VII will be the second secondary private equity fund sponsored by Blackstone and the seventh managed and led by the Strategic Partners (the “Firm” or “SP”) team members. Nik is based in London. Strategic Partners provides the opportunity to join one of the most active and long-tenured investment teams in the secondary private equity industry. Strategic Partners Legal Principal Blackstone New York, NY 4 weeks ago 156 applicants. 4 February 2020 Strategic Partners has broken the back of fundraising on its latest infrastructure secondaries firm. Strategic Partners has executed over 1,100 transactions that represent interests in over 3,300 underlying funds managed by over 1,000 different financial sponsors. In the UK, this website is issued by The Blackstone Group International Partners LLP ("BGIP"), authorised and regulated by the Financial Conduct Authority (firm reference number 520839). Strategic Partners Summer Analyst Interview. Since 2000, Blackstone Strategic Partners has raised over $43 billion dedicated to private equity, infrastructure and real estate secondary and fund investing. Strategic Partners: The Opportunity in Real Estate and Infrastructure Secondaries. Blackstone announced that private equity funds affiliated with Blackstone have agreed to acquire Sabre Industries, Inc. (“Sabre”) from The Jordan Company. The acquisition of Sabre continues Blackstone Energy Partners’ focus on investing in companies that support the transition to cleaner, more affordable energy. [citation needed] The two founders had previously worked together at Lehman Brothers. Strategic Partners has since launched a dedicated GP-led-focused fund and is understood to have tapped a Blackstone Capital Partners executive to work on the strategy based in New York. Understanding Blackstone Group’s Investment Strategy. Listen to Webcast (opens in new window) Oct 23, 2019. Strategic Partners, Blackstone’s (NYSE:BX) secondary and fund solutions business, announced today the final close on over $11 billion for Strategic Pa Strategic Partners, Blackstone’s (NYSE:BX) secondary and fund solutions business, announced today the final close on $3.75 billion for Strategic Partners Infrastructure III L.P. and its … Blackstone is proud to partner with this family-owned business to support its further expansion. hard cap of $6.5 billion for Strategic Partners Fund VII, L.P., (the “Fund” or “SP VII”). Blackstone’s hedge fund business has bought a minority stake in middle-market alternative asset manager GI Partners for an undisclosed sum. Address. Shareholders who owned shares of BX prior to July 1, 2019 can view their annual K-1 tax forms with respect to those shares at Partner Datalink’s website here, and can also find contact information for additional K-1 related questions.. IRS Form 8937 related to the conversion is now available here. Patents. Blackstone’s Strategic Partners business team of investment professionals, led by Stephen Can and Verdun Perry, is focused on achieving capital appreciation by … 09:00 AM ET. 17:16-69.9. I applied on the Blackstone Group's website. 73. Salary. The Blackstone Group L.P. New York, NY: Public Affairs & Marketing - Brand and Content Marketing, Analyst: The Blackstone Group L.P. New York, NY: Finance - Global Fund Finance - Strategic Partners, Associate: The Blackstone Group L.P. Miami, FL: LC - Legal & Compliance, PE Transaction Attorney, AVP/ VP: The Blackstone Group L.P. New York, NY The Blackstone unit raised $11.1 billion for Strategic Partners VIII and related separately managed accounts, according to a statement.The fund came to market in May last year targeting $8 billion, Secondaries Investor reported. An equity fundraising target for Strategic Partners Real Estate VII was not disclosed in the filing, but the document shows that 40 investors have committed capital to the fund. Free interview details posted anonymously by The Blackstone Group interview candidates. The Blackstone subsidiary has raised $862 million for Strategic Partners Infrastructure III, according to the firm’s fourth-quarter results. Blackstone Strategic Partners is a private equity general partner firm headquartered in New York, NY, United States and has other offices in United Kingdom and United States. Speaker (s): Stephen Schwarzman, Blackstone Chairman, CEO and Co-founder. 31 Dec 2016. $81,818 / yr. Demand Planning Analyst salaries - 2 salaries reported. NEW YORK-- (BUSINESS WIRE)--Strategic Partners, Blackstone’s (NYSE:BX) secondary and fund solutions business, announced today the final …
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