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Article: Shareholder Alert for The Blackstone Group L.P.
- Article from:
- M2 Presswire
- Article date:
- June 27, 2007
CopyrightCOPYRIGHT 2007 M2 Communications Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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M2 PRESSWIRE-27 June 2007-bellwetherreport.com: Shareholder Alert for The Blackstone Group L.P.(C)1994-2007 M2 COMMUNICATIONS LTD
RDATE:27062007
The Blackstone Group knows how to make a scene. Founded in 1985 by industry veterans Peter Peterson and Stephen Schwarzman, the once-reclusive company underwent one of the largest IPOs in the history of mankind in mid 2007. The massive private equity firm owns stakes in more than 40 companies, manages hedge funds and other funds, and provides mergers and acquisitions and restructuring advice to corporate clients. Blackstone raised a whopping $15.6 billion private equity fund in 2006, then later upped its size to ...