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On November 8, 2019, Blackstone Group acquired a majority stake in MagicLab, the owner of dating app Bumble. Blackstone Group on November 15, 2019, invested $167 million in the holding company of Future Lifestyle Fashions Ltd., Ryka Commercial Ventures Pvt. Ltd.
In 1985, Schwarzman and his boss, Peter Peterson, started The Blackstone Group, which initially focused on mergers and acquisitions. Blackstone would branch into business acquisition, real estate, direct lending, alternative assets, and now has some $500 billion in assets under management.
Stephen A. Schwarzman is Chairman, CEO and Co-Founder of Blackstone, one of the world’s largest alternative investment firms with over $1 trillion Assets Under Management (as of March 31, 2024). Mr. Schwarzman has been involved in all phases of Blackstone’s development since its founding in 1985.
Dec 22, 2022 · Dissatisfied by the level of transparency offered by the stock market, Schwarzman co-founded The Blackstone Group, a private equity firm, in the mid-1980s.
Mar 13, 2022 · Stephen A. Schwarzman is Chairman, CEO, and co-founder of Blackstone – one of the world’s largest private equity firms. But his current success, coupled with an estimated net worth of $38bn, is a far cry from his early life.
1 day ago · The son of a dry goods store owner, Stephen Schwarzman founded private equity firm Blackstone with fellow billionaire Peter Peterson in 1985. Initially a boutique merger-and-acquisition...
Blackstone is the world’s largest alternative asset manager, with more than $1 trillion in AUM. We serve institutional and individual investors by building strong businesses that deliver lasting value.
