Article: Shareholder Alert for The Blackstone Group L.P.

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 ...

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