Blackstone Inc Stock Price, News & Analysis

Blackstone (NYSE: BX) has announced significant leadership changes in its Real Estate business. Katie Keenan has been appointed as CEO of Blackstone Real Estate Income Trust (BREIT) and Global Head of Core+ Real Estate, succeeding Wesley M. LePatner. Additionally, Tim Johnson has been named CEO of Blackstone Mortgage Trust (BXMT), taking over from Keenan.

BREIT has demonstrated strong performance with a 9.2% annualized net return on Class I since inception, outperforming the public REIT index by over 60%. The portfolio is 90% concentrated in high-growth sectors, particularly data centers. BXMT has shown robust activity with $2.6 billion in new investments last quarter and a nearly 20% YTD total return.

Blackstone (NYSE:BX) has announced a significant acquisition agreement to purchase Hill Top Energy Center, a 620-megawatt natural gas power plant in Western Pennsylvania, for nearly $1 billion from Ardian. The acquisition aligns with Blackstone's recent $25 billion commitment to Pennsylvania's digital and energy infrastructure development.

Hill Top, completed in 2021, is one of the newest and most efficient combined cycle gas turbine plants in the country, strategically positioned to support the power needs for data centers and AI infrastructure in the PJM electric market. This investment follows Blackstone's recent acquisition of the 774-megawatt Potomac Energy Center in Virginia and its development of approximately 1,600 megawatts of new-build power generation capacity in the United States.

First Internet Bancorp (Nasdaq: INBK) has agreed to sell up to $869 million of performing single tenant lease financing loans to Blackstone (NYSE: BX) affiliated vehicles. The transaction, expected to close around September 18, 2025, will be executed at approximately 95% of the unpaid principal balance.

The strategic sale aims to strengthen First Internet's capital position and boost its return on average assets to 1.00%. The company plans to move $550 million of deposit balances off-balance sheet, enhancing its tangible common equity ratio. First Internet Bank will maintain customer-facing servicing responsibilities for the loan portfolio.

For Blackstone Real Estate, this deal adds to their recent $22 billion commercial real estate portfolio acquisitions over the past 24 months, with their BREDS platform having deployed $38 billion from January 2024 through June 2025.

Blackstone (NYSE:BX) has successfully closed its latest infrastructure secondaries fund, Strategic Partners Infrastructure IV L.P., raising $5.5 billion, making it the largest dedicated infrastructure secondaries fund ever raised.

The fundraising success demonstrates the strength of Blackstone's Strategic Partners platform and its positioning in the growing infrastructure secondary market. The fund aims to generate strong risk-adjusted returns for investors by capitalizing on opportunities in one of the secondary market's fastest-growing segments.

Blackstone (NYSE:BX), a leading investment firm, has announced that Michael Chae, Vice Chairman and Chief Financial Officer, will present at the upcoming Barclays Global Financial Services Conference. The presentation is scheduled for September 9, 2025, at 11:15 am ET.

Investors can access the live webcast through Blackstone's investor relations website at ir.blackstone.com. A replay will be made available on the company's website following the presentation.

Blackstone (NYSE: BX) has announced a definitive agreement to acquire Shermco, a leading electrical testing and services provider, for approximately $1.6 billion from Gryphon Investors. Shermco operates 40 service centers across the U.S. and Canada, employing over 600 NETA technicians and 200 engineers.

The company specializes in electrical system maintenance, repair, testing, commissioning, and design services for data centers, utilities, and commercial/industrial markets. This acquisition marks Blackstone Energy Transition Partners' twelfth investment commitment since June 2024, aligning with their focus on electrification and energy transition opportunities.

The transaction will involve investments from both Blackstone Energy Transition Partners and Blackstone's private equity strategy for individual investors.

Blackstone (NYSE: BX) has agreed to acquire Shermco from Gryphon Investors in a transaction valued at $1.6 billion. Shermco, headquartered in Irving, TX, is a leading electrical testing organization providing maintenance, repair, testing, and engineering services across 40 service centers in the U.S. and Canada.

The company employs over 600 NETA technicians and 200 engineers, serving data centers, utilities, and various commercial and industrial markets. Under Gryphon's ownership since June 2018, Shermco achieved two-fold revenue growth and significant operating margin improvements through organic growth and strategic acquisitions.

Blackstone Credit & Insurance (NYSE:BX) has expanded its financing partnership with Aligned Data Centers, increasing commitments to over $1 billion through an upsized senior secured credit facility. The funding, managed by BXCI's Infrastructure & Asset Based Credit Group, will support Aligned's expansion plans for over 5+ GW of future capacity across the Americas.

The investment aims to meet growing demand for adaptive, sustainable infrastructure supporting AI implementation, cloud, and enterprise applications. Aligned's strategic position is strengthened by its decade-long experience in air and liquid cooling solutions optimized for high-performance GPUs.

Blackstone (NYSE: BX) has announced a definitive agreement to acquire Enverus, a leading energy data analytics platform, from Hellman & Friedman and Genstar Capital. Enverus, founded in 1999, serves 8,000 customers across 50 countries with real-time analytics and benchmark data powered by generative AI, partnering with over 95% of U.S. energy producers.

The acquisition aligns with Blackstone's investment focus on electricity demand growth and energy transition, following recent investments in companies like Potomac Energy Center and Sediver. The transaction, expected to close by year-end, will involve Blackstone's core private equity strategy, Energy Transition Partners, and private equity strategy for individual investors.