Blackstone Company Structure

See the company structure of Blackstone, Inc. based on beneficial owners and subsidiaries disclosed in Blackstone's public filings.

4 months ago

Blackstone Company Structure

Blackstone trades on the New York Stock Exchange (NYSE) under the symbol BX. Blackstone is a Delaware corporation with its headquarters in New York based on its Securities and Exchange Commission (SEC) filings.

Blackstone is a global investment business working on behalf of institutional clients across asset classes.

This organization chart shows the ownership structure of Blackstone, Inc.

Joseph Baratta Global Head of Private Equity Blackstone Group Management L.L.C. Series II Preferred Stockholder Jonathan D. Gray President & COO Blackstone Partners L.L.C. Series I Preferred Stockholder Blackstone Private Credit Fund Description direct lending funds Acronym BCRED REITs Description real estate investment trusts Credit & Insurance Total Assets Under Management $258.6 billion Hedge Fund Solutions Total Assets Under Management $81.3 billion Blackstone Total Alternatives Solution Description multi-asset for eligible investors Acronym BTAS Blackstone Insurance Solutions Description investments for insurers Acronym BIS Blackstone Life Sciences Description life sciences investment platform Acronym BXLS Blackstone Real Estate Debt Strategies Description real estate debt investment funds Acronym BREDS Harvest Fund Advisors LLC Description institutional investor management Acronym Harvest Blackstone Holdings III L.P. Holding Partnerships Hamilton E. James Form Exec. Vice Chairman Blackstone Holdings AI L.P. Blackstone Energy Partners Description energy-focused private equity funds Acronym BEP Blackstone Real Estate Income Trust, Inc. Description non-listed REIT Acronym BREIT Stephen A. Schwarzman Chairman & CEO Blackstone Infrastructure Partners Description infrastructure-focused funds Acronym BIP Core+ Description stabilized real estate globally Senior Managing Directors Blackstone Secured Lending Fund Description direct lending funds Acronym BXSL Blackstone Real Estate Partners Description real estate opportunistic funds Acronym BREP Blackstone Capital Markets Description capital markets services business Acronym BXCM Blackstone Core Equity Partners Description core private equity funds Acronym BCEP Blackstone Mortgage Trust, Inc. Description publically traded REIT Exchange NYSE: BXMT Private Equity Total Assets Under Management $261.5 billion Blackstone European Property Income Description income-generating European RE funds Acronym BEPIF Blackstone Holdings I L.P. Michael S. Chae Chief Financial Officer Blackstone Growth Description growth equity investment platform Acronym BXG Blackstone Alternative Asset Management Description allocator to hedge funds Acronym BAAM Blackstone, Inc. Jurisdiction Delaware CIK 1393818 Blackstone Credit Description credit-oriented manager of CLOs Acronym BXC The Vanguard Group, Inc. Real Estate Total Assets Under Management $279.5 billion Blackstone Property Partners Description stabilized assets in prime markets Acronym BPP Business Development Companies Description private credit and liquid credit Acronym BDC Blackstone Holdings IV L.P. John G. Finley Chief Legal Officer Blackstone Holdings II L.P. Strategic Partners Fund Solutions Description secondary fund of funds business Acronym Strategic Partners BlackRock, Inc. Blackstone Capital Partners Description flagship corporate private equity funds Acronym BCP Business Segments Blackstone Tactical Opportunities Description opportunistic investment platform Acronym Tactial Opportunities 124,936 Common Units 6,122,373 Partnership Units 1.4% Partnership Units Voting 126,901 Common Units 387,535 Partnership Units 0.1% Partnership Units Voting 36,485,682 Common Units 5.2% % of Common 603,134 Common Units 40,585,300 Partnership Units 9.0% Partnership Units Voting 297,206 Common Units 5,227,402 Partnership Units 1.2% Partnership Units Voting 231,924,793 Partnership Units 51.5% Partnership Units Voting 1 Series II Shares 39,935,913 Common Units 5.7% % of Common 1 Series I Shares 16,055,951 Partnership Units 3.6% Partnership Units Voting Note: This chart shows selected owners and subsidiaries. Elements are modified to improve the design of the chart. The chart may not reflect actual legal entities or relationships. Do not rely on this chart for financial, legal, or investment decisions. Sources: 10-K and Proxy Statement. Copyright 2022 lexchart.com

Blackstone's ownership structure is complicated. This organization chart shows the disclosed beneficial owners with information about the senior managing directors' stakes through two legal entities. The Vanguard Group and BlackRock are the outside beneficial owners with more than a 5% stake in Blackstone.

The chart shows the Partnership Units of Stephen Schwarzman, Chairman and Chief Executive Officer, and other senior managing directors. Partnership Units have conversion features and implications for voting control described in the 10-K.

This company structure chart shows the business segments that Blackstone uses to present its financial results: Real Estate, Private Equity, Hedge Fund Solutions, and Credit & Insurance. These segments are not legal entities. This org chart does use the segments to organize the top level legal entities operating in each of those segments.

Blackstone discloses over 1,000 legal entities in Exhibit 21 to its 10-K. We built a chart with all Blackstone's 1,000+ disclosed legal entities to illustrate what an outlier of company structure charts looks like. Exhibit 21 does not disclose ownership among those entities so that version of Blackstone's structure is meant to illustrate Lexchart's automatic hierarchy chart capabilities. It does not represent the legal relationships between Blackstone's entities.

The Blackstone org chart and the chart of all its legal entities were both created with the Excel import feature in Lexchart.

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