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What is Blackstone invested in?
We invest on a global basis across a wide range of asset classes including private equity, real estate, public debt and equity, growth equity, opportunistic, non-investment grade credit, real assets and secondary funds.
What hotels does Blackstone Group own?
Blackstone
- Prime Hospitality Corporation. Bought in 2004 for $790 million.
- La Quinta Corporation. Bought in 2005.
- LXR Luxury Resorts and Hotels. In 2005, Blackstone bought Wyndham International Inc.
- Travelport.
- MeriStar Hospitality Corp.
- Hilton Hotels Corporation.
- Extended Stay, Inc.
Is Blackstone owned by BlackRock?
The unit had traded mortgages and other fixed-income assets, and during the sales process the unit changed its name from Blackstone Financial Management to BlackRock Financial Management. Schwarzman remained with Blackstone, while Fink went on to become chairman and CEO of BlackRock Inc.
How much property does Blackstone own?
As of the end of the first quarter of 2021, the company had $196.3 billion in real estate assets under management. That was up 5 percent from the $187.2 billion under management just three months before, at the end of 2020, and up 22 percent from the $160.9 billion in Q1 2020.
Why did Blackstone buy Ancestry?
Blackstone says she and others needn’t worry. “We invested in Ancestry because it is a clear leader in its industry with a digital subscription business that has continued to grow significantly,” said Matt Anderson, a spokesman for the investment firm with more than $600 billion in assets under management.
Who owns Blackstone that bought Ancestry?
New York, December 4, 2020 – Blackstone (NYSE:BX) today announced that private equity funds managed by Blackstone (“Blackstone”) have completed their previously announced acquisition of Ancestry® from Silver Lake, GIC, Spectrum Equity, Permira, and other equity holders for a total enterprise value of $4.7 billion.
Is Blackstone buying Ancestry?
Is Blackstone a Chinese company?
Blackstone Inc. is an American alternative investment management company based in New York City.
Who owned Ancestry before Blackstone?
Prior ownership In 2007, a private equity company named Spectrum Equity took 30% ownership. Ancestry went public in 2009 in a $100 million IPO. In 2012, Ancestry went private with a $1.6 billion equity buyout led by Premira, a London-based private equity firm.
Why is Blackstone buying Ancestry?
Ancestry.com is the world’s largest provider of DNA services, allowing customers to trace their genealogy and identify genetic health risks with tests sent to their home. Blackstone is hoping that more consumers staying at home amid the COVID-19 pandemic will turn to Ancestry.com for its services.