The Blackstone Group

                                   
 
FINSwire Latest news about The Blackstone Group Company Rss Feed
Blackstone Expands Headcount and Pay
Hiring at the New York-based firm bolstered staff last year to 1,500, an increase of 280; pay went up, too.
 

Overview

With over $28 billion raised in the last five years and over $100 billion in assets under management, the Blackstone Group is one of the largest private equity shops in the world. Fourth, actually, according to Private Equity International magazine, behind giants the Carlyle Group, Kohlberg Kravis Roberts & Co. and Goldman Sachs Principal Investment Area. Unlike its slightly bigger competitors, however, Blackstone took itself public with a $4 billion IPO in 2007.

Government funds account for almost one-fifth of its investor base, according to The Wall Street Journal.

Sectors

Recruiting


As a big-time PE shop that owns parts or all of some very high-profile businesses (Nielsen and Hilton Hotels, to name two), The Blackstone Group is extremely selective when it comes to hiring. It might help to know that the firm's name is a cryptogram derived from the names of founder (and current CEO) Stephen Schwarzmann (Schwarz = "black" in German) and founder Peter Peterson (Peter = petra = "stone" in Greek). If you already knew all that or what a cryptogram is to begin with, you just might be Blackstone material.

Like the Bee Gees? You might have something in common with Schwarzman, who has a special fondness for their hit "Staying Alive," which reminds him of his first deal success back in the 1970s.



Facts & Resources


Employees:   1,295
Stock Quote   BX
Company Site:   www.blackstone.com
Career Site:   Careers



Resources


Subsidiaries & Divisions


  • Blackstone Alternative Asset Management
  • Kailix Advisors

 

 




 
  • Copyright ©2014 Dice Holdings, Inc. All rights reserved.
Log in 
FINS Login
 
*Indicates required field
 
User Name*
Password*
     Forgot Your Password?
Or log in using your Facebook account:
Connect with Facebook