Firm News
By Joan Solotar
Individual investors, in our view, need exposure to alternatives now more than ever.
We would like to take this opportunity to wish you and your loved ones well as we enter the middle months of 2022. The prospect of inflation, rising interest rates and volatile public markets has created a challenging environment for many investors, as most major market indexes posted 1Q losses. Fixed-income investors experienced the worst start to a year since 1980.1 Amid these challenges, Blackstone stayed the course in its time-tested, thematic approach to investing.
Until relatively recently, private real estate, private credit, and private equity were inaccessible to most individuals. Blackstone is committed to providing individual investors with institutional quality solutions across the broad spectrum of private investments, all matched with excellent service. The firm’s strategies focus on income potential, capital appreciation, diversification of risk, and more recently, inflation protection. Today, Blackstone manages $222 billion on behalf of individuals around the world with a growing team of more than 225 people dedicated to serving our clients.
Public equities and fixed income have long figured prominently in most definitions of ‘core’ portfolios. Low but rising interest rates, inflation, and greater availability of investment products across private markets are catalysts for many investors and their advisors reconsidering what a ‘core’ portfolio should be. Individual investors, in our view, need exposure to alternatives now more than ever. We are beginning to see evidence of this shift in allocations – and we expect more recognition that alternatives such as private real estate, private credit, and private equity are core holdings.
Blackstone ended the quarter with a total of $915 billion assets under management. Retail assets represented $222 billion of the total. President and COO Jon Gray highlighted Blackstone’s achievement for the quarter in his recent interview on CNBC.
Strong Q1 results, driven in part by Private Wealth Solutions as of 3/31/2022
$915B
Total firm assets under management
$23B
Investor capital deployed by the firm in Q1
$222B
Retail assets under management
Blackstone continues to find what we believe are attractive opportunities in the “good neighborhoods” that we have identified. Below are three illustrative examples from recent months.

Consumer: Blackstone Growth (BXG) made a majority investment in Supergoop!, a leading protective skincare brand that puts daily skin protection at the forefront. Founded by Holly Thaggard in 2007, Supergoop! develops highly innovative dermatologist-approved, clean ingredient SPF products. Today, with nearly 50 formulas, the company’s products are sold globally. Supergoop! is the latest example of Blackstone’s commitment to innovative female-founded companies.

Online Education: Blackstone Credit served as lead lender and signed a $1 billion financing commitment for Clearlake’s acquisition of Discovery Education from Francisco Partners. Discovery Education is a digital core and supplementary K-12 science curriculum provider with products in approximately 40% of U.S. K-12 schools. Blackstone Credit was brought into the deal as a staple financing provider due to BXC’s considerable experience in education technology, namely its investments in Cambium and Dreambox in 2021.

Affordable Housing Portfolio: Blackstone Real Estate Income Trust (BREIT) acquired American International Group, Inc.’s interests in a US affordable housing portfolio for a $5.1 billion equity purchase price plus the assumption of debt. The portfolio consists of approximately 650 affordable housing communities, consisting of primarily suburban, garden-style properties concentrated in growth markets in California, Colorado, Texas, and Virginia.
Staying Connected with Blackstone
As you position your business for the future, we are here to partner with you, to find the solutions that fit best with your needs. And as ever, we remain grateful for your trust.
We wish you and your family health and well-being, and continued good fortune in 2022.

Joan Solotar
Global Head of Private Wealth Solutions
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FAQs
How much do you need to invest with Blackstone? ›
Blackstone created BREIT to provide individual investors with access to the private real estate market. It set a low minimum investment of $2,500 for BREIT, which investors can purchase through their financial advisor.
What is Blackstone PWS? ›Blackstone is a leading global investor in the alternative asset secondary market. Blackstone acquires interests in funds across asset classes, offering liquidity to investors, and co-invest alongside managers globally. Strategic Partners: The Opportunity in Real Estate and Infrastructure Secondaries.
Is Breit publicly traded? ›BREIT is a non-traded vehicle which means the value of our shares is more closely tied to real estate fundamentals as opposed to public equities. BREIT's proactive asset management may drive higher rents and property values helping to generate capital appreciation for investors.
Can individuals invest in Blackstone? ›Individual investors are a growing clientele for the Blackstone Group where the company is targeting wealthier individual investors in a largely untapped market. Individual investors are attracted by low interest rates and higher returns. As Blackstone opened up this market, so did other investment firms.
How liquid is Breit? ›BREIT does not trade on a national securities exchange, and therefore, is generally illiquid. Your ability to redeem shares in BREIT through BREIT's share repurchase plan may be limited and fees associated with the sale of these products can be higher than other asset classes.
Who is Blackstone owned by? ›Schwarzman is Chairman, CEO and Co-Founder of Blackstone, one of the world's leading investment firms with $941 billion Assets Under Management (as of June 30, 2022). Mr. Schwarzman has been involved in all phases of Blackstone's development since its founding in 1985.
Who can invest in Blackstone? ›Anyone can invest, but building a successful investment portfolio requires research, patience, and a little bit of risk. So, if you had invested in Blackstone Group ten years ago, you're likely feeling pretty good about your investment today.
Is BlackRock bigger than Blackstone? ›His firm, BlackRock, is the world's largest asset manager, with $6trn of assets. It stands for computing power, low fees and scale, and is booming. Mr Schwarzman's firm, Blackstone, is the largest “alternative” manager, focused on private equity and property, with $387bn of assets.
What do you mean by private wealth? ›Private wealth management refers to investment management and financial planning for individual investors. The private wealth sector has grown considerably as global wealth has increased and as individuals have taken on more of the responsibility for managing their own financial resources.
How often does Blackstone REIT pay dividends? ›Blackstone pays a dividend 4 times a year. Payment months are February, May, August, November. The dividend calendar shows you for more than 1,000 dividend stocks in which month which company distributes its dividends.
How is BREIT taxed? ›
BREIT is structured as a Real Estate Investment Trust (REIT) and is able to characterize a portion of its distributions as ROC rather than ordinary income. ROC distributions are generally tax deferred until redemption, at which time they give rise to capital gain.
How do I buy BREIT stock? ›How can I invest in BREIT? BREIT is sold through select financial advisors and is not offered directly to investors. Please contact your financial advisor for more information.
Is Blackstone a good private equity firm? ›Blackstone's private equity business has been one of the largest investors in leveraged buyouts in the last three decades, while its real estate business has actively acquired commercial real estate. As of 2021, the company's total assets under management were approximately US$880 billion.
How does Blackstone make money? ›Blackstone generates revenue through the provision of various asset and investment management services. This includes revenue derived from the collection of management and advisory fees, performance fees, investment income, interest, and dividend revenue.
Is Blackstone a REIT? ›The REIT owns 42 multifamily properties across 13 states as of March 31, 2022. About Blackstone Real Estate Income Trust, Inc. Blackstone Real Estate Income Trust, Inc. (“BREIT”) is a perpetual-life, institutional quality real estate investment platform that brings private real estate to income focused investors.
Is Breit a non-traded REIT? ›BREIT is a non-listed REIT that invests primarily in stabilized income-generating commercial real estate investments across asset classes in the United States and, to a lesser extent, real estate debt investments, with a focus on current income.
Are REITs liquid or illiquid? ›Lack of Liquidity: Non-traded REITs are illiquid investments. They generally cannot be sold readily on the open market.
Is real estate considered a liquid asset? ›Land and real estate investments are considered non-liquid assets because it can take months for a person or company to receive cash from the sale.
Is Blackstone a good company? ›Blackstone was the top-ranked private equity firm in the eFinancialCareers 2016 Ideal Employer rankings, which polled over 6,500 finance professionals globally on the companies they'd like to work for. Across the private equity industry, typically one in 300 applications is eventually offered an entry level job.
How much does the CEO of Blackstone make? ›Blackstone Inc. Chief Executive Officer Steve Schwarzman took home $1.1 billion in dividends and compensation in 2021, in what amounts to one of Wall Street's biggest annual payouts on record.
Why is it called Blackstone? ›
Blackstone is a combination of its founders' last names: "Black" translates to "schwarz" in German, and "peter" means "stone" in Greek. Since Schwarzman and Peterson had very little experience in the private equity industry, investors were initially hesitant about giving them money to launch their first fund.
Who are the biggest investors in Blackstone? ›Stockholder | Stake | Shares owned |
---|---|---|
The Vanguard Group, Inc. | 6.29% | 44,164,077 |
BlackRock Fund Advisors | 3.91% | 27,455,495 |
Morgan Stanley Smith Barney LLC (... | 2.74% | 19,245,717 |
SSgA Funds Management, Inc. | 2.36% | 16,550,073 |
Blackstone's portfolio spans 200+ companies with approximately half a million employees around the world.
Who are the clients of Blackstone? ›We invest on behalf of the world's largest institutional investors, including endowments, sovereign wealth funds and pension funds that provide retirement benefits for over 31 million teachers, firefighters, nurses and others.
IS pit boss or Blackstone better? ›Cooking Area
This allows you to cook different foods at different temperatures. The Blackstone griddle is their 36″ model, which has 720 square inches of flat top grilling space. The Pit Boss griddle on the other hand has 748 square inches of cooking space. The Pit Boss beats the Blackstone in this category.
BlackRock has grown from a start-up to a market leader by attracting clients and employees, and by acquiring several other asset management companies.
What is wealth management in simple words? ›Wealth management is a branch of financial services dealing with the investment needs of affluent clients. These are specialised advisory services catering to the investment management needs of affluent clients.
What is personal wealth with example? ›Personal wealth is the total value of a specific person's assets and possessions; it is often calculated to gain a perspective on a person's financial well-being, to help manage finances, or to determine the amount of an inheritance.
What do people in private wealth management do? ›They advise private, high-net worth individuals and affluent families on how to invest their portfolios and plan their finances to meet their financial goals, and they typically offer a range of services, including portfolio management, estate and retirement planning, and tax services.
Is Blackstone a good place to invest? ›Blackstone Inc's trailing 12-month revenue is $17.7 billion with a 22.5% profit margin. Year-over-year quarterly sales growth most recently was -88.1%. Analysts expect adjusted earnings to reach $5.177 per share for the current fiscal year. Blackstone Inc currently has a 6.2% dividend yield.
Who can invest in Blackstone? ›
Anyone can invest, but building a successful investment portfolio requires research, patience, and a little bit of risk. So, if you had invested in Blackstone Group ten years ago, you're likely feeling pretty good about your investment today.
How much cash does Blackstone have? ›...
Compare BX With Other Stocks.
Blackstone Annual Cash on Hand (Millions of US $) | |
---|---|
2019 | $2,524 |
2018 | $2,545 |
2017 | $3,922 |
2016 | $2,961 |
Average Blackstone hourly pay ranges from approximately $8.00 per hour for Security Guard to $31.47 per hour for Graphic Designer.
Is BX a good dividend stock? ›How much is Blackstone's dividend? BX pays a dividend of $5.20 per share. BX's annual dividend yield is 6.35%. Blackstone's dividend is lower than the US industry average of 8.41%, and it is higher than the US market average of 4.26%.
Is Blackstone undervalued? ›...
USD 84.46 1.55 1.80%
Low | Target Price | High |
---|---|---|
85.00 | 149.25 | 182.00 |
Blackstone (NYSE:BX) declares $1.27/share quarterly dividend, -3.8% decrease from prior dividend of $1.32.
Who are the biggest investors in Blackstone? ›Stockholder | Stake | Shares owned |
---|---|---|
The Vanguard Group, Inc. | 6.29% | 44,164,077 |
BlackRock Fund Advisors | 3.91% | 27,455,495 |
Morgan Stanley Smith Barney LLC (... | 2.74% | 19,245,717 |
SSgA Funds Management, Inc. | 2.36% | 16,550,073 |
Blackstone's portfolio spans 200+ companies with approximately half a million employees around the world.
How does Blackstone make money? ›Blackstone provides mergers and acquisitions advice as well as private equity fund and hedge fund management; it is perhaps best-known for its real estate investment partnerships.
Is Blackstone owned by Blackrock? ›The unit had traded mortgages and other fixed-income assets, and during the sales process the unit changed its name from Blackstone Financial Management to BlackRock Financial Management.
What's the difference between Blackrock and Blackstone? ›
Blackrock and Blackstone are both asset management companies located in New York. You can buy stock, bonds, real estate, master limited partnerships, and more through an asset management company (AMC). The significant difference between Blackrock and Blackstone agency is the clients and investment strategy.
How much property does Blackstone own? ›Blackstone's $298 billion real estate portfolio has primarily focused on warehouses, multifamily and other rental housing, as well as hospitality and life sciences. It has also been targeting private takeovers of REITs as market valuations remain volatile in the face of rising interest rates and inflation.
How many hours a week do you work at Blackstone? ›Employees at two of the biggest names in the industry – Blackstone Group and Apollo Global Management – report working 70-plus hours a week.
How much does a principal at Blackstone earn? ›Principal salaries at The Blackstone Group can range from £159,085-£173,646.
How much does a partner at Blackstone earn? ›Partner yearly salaries in the United States at Blackstone
Average Blackstone Partner yearly pay in the United States is approximately $95,000, which is 45% above the national average.