Welcome to our dedicated page for Blackstone news (Ticker: BX), a resource for investors and traders seeking the latest updates and insights on Blackstone stock.
Blackstone Inc. (NYSE: BX) generates frequent news coverage as the world’s largest alternative asset manager, and its announcements highlight activity across real estate, private equity, credit, infrastructure and energy-related investments. This news page aggregates updates drawn from Blackstone’s own releases and regulatory disclosures so readers can follow how the firm deploys capital and manages its portfolio.
Recent items illustrate the breadth of Blackstone’s activity. Funds managed by Blackstone’s private equity strategy for individual investors became the sole institutional investor in AIR Control Concepts, a commercial HVAC, electrical and controls platform operating across numerous U.S. states and Canada. Blackstone Energy Transition Partners and other Blackstone funds acquired Alliance Technical Group, an environmental testing, monitoring and compliance services provider, and announced a majority ownership position in a combined MacLean Power Systems and Power Grid Components platform serving the electrical grid.
Other news features include Blackstone Energy Transition Partners’ investment in Wolf Summit Energy, a combined-cycle natural gas power generation facility in West Virginia, as well as a strategic partnership with Phoenix Financial focused on corporate, real estate and asset-based credit. Blackstone Credit & Insurance has also announced a forward flow origination partnership with Harvest Commercial Capital to acquire small business loans secured by first lien mortgages on owner-occupied commercial real estate.
In addition, Blackstone issues updates on capital markets activity, such as senior notes offerings by an indirect financing subsidiary, and appearances at financial conferences. Investors and observers can use this page to review earnings-related releases, financing transactions, major investments, partnerships and leadership appointments connected to Blackstone’s global alternative asset management business.
Blackstone Life Sciences (NYSE:BX) announced a co-funding agreement with Johnson & Johnson to advance clinical development of bleximenib (JNJ-75276617), an investigational oral menin inhibitor for acute myeloid leukemia (AML). The firms will jointly finance portions of ongoing and future AML trials, marking BXLS's first co-funding deal with Johnson & Johnson.
The agreement aims to accelerate clinical progress for a therapy targeting a high-unmet-need blood cancer with low survival rates in adults.
Blackstone (NYSE: BX) agreed to acquire Champions Group, a residential home‑services platform with ~1,800 field technicians and ~150,000 active members. Odyssey Investment Partners and Champions management will retain a significant minority stake. Terms were not disclosed and the deal is expected to close in H1 2026, subject to customary conditions.
Advisors include Weil for Blackstone and William Blair, Piper Sandler, and Baird for Champions and Odyssey.
Blackstone (NYSE:BX) announced that Michael Chae, Vice Chairman and Chief Financial Officer, will present at the Bank of America Securities 2026 Financial Services Conference on Tuesday, February 10, 2026 at 9:40am ET.
A live webcast will be available on the shareholders section of Blackstone's website, with a replay posted shortly after the event.
Blackstone (NYSE: BX) agreed to acquire Arlington Industries, a U.S. designer and manufacturer of electrical fittings, enclosures and components founded in 1949. Funds managed by Blackstone Energy Transition Partners signed a definitive agreement to buy Arlington to support Blackstone’s electrification and energy transition themes.
The companies said the transaction is expected to close in Q1 2026, subject to customary conditions, and that terms were not disclosed. Arlington’s products serve commercial, industrial and data center customers; advisors include UBS Investment Bank and Sullivan & Cromwell.
Blackstone (NYSE:BX) announced on January 7, 2026 that funds managed by its private equity strategy have acquired Madison Dearborn Partners’ remaining equity stake in Air Control Concepts (AIR), making Blackstone the sole institutional investor in AIR. Founder, President and CEO Brad Hobbs and his family will reinvest alongside Blackstone.
Headquartered in Norfolk, Virginia, AIR operates across 35 states and Canada through a network of more than 38 operating companies and over 1,900 associates, offering commercial HVAC, electrical, and controls services. The transaction follows Blackstone’s original investment in July 2024. Terms were not disclosed. Centerview Partners and RBC Capital Markets advised Blackstone; Kirkland & Ellis advised AIR and MDP; Simpson Thacher advised Blackstone.
Blackstone (NYSE: BX) announced that funds affiliated with Blackstone Energy Transition Partners and other Blackstone funds have acquired Alliance Technical Group (ATG), a provider of environmental testing, monitoring, and compliance services. Founded in 2000 and headquartered in Alabama, ATG has more than 2,200 employees across 60+ offices and labs in the U.S. and Canada and offers services including source and lab testing, continuous emission monitoring systems (CEMS), and leak detection and repair.
Blackstone said the acquisition aligns with its energy transition strategy; terms of the transaction were not disclosed. Harris Williams and RBC advised Blackstone; Piper Sandler advised ATG.
Blackstone (NYSE: BX) and Phoenix Financial (TASE: PHOE) announced a strategic partnership on December 17, 2025 to collaborate across corporate, real estate and asset-based credit strategies.
Phoenix will invest up to $5 billion across these strategies, leveraging Blackstone’s global credit origination and co-investment opportunities. Blackstone cites $508 billion in credit assets and $1.2 trillion total AUM; Phoenix reports $180 billion AUM.
Blackstone Credit & Insurance (NYSE:BX) announced a forward flow origination partnership with Harvest Commercial Capital to acquire business loans secured by first‑lien mortgages on owner‑occupied commercial real estate.
Terms include an initial portfolio purchase and a $1 billion forward flow program covering SBA 504 and non‑SBA conventional small business loans. Harvest will remain independent while BXCI provides permanent capital. BXCI’s Infrastructure and Asset Based Credit group manages over $100 billion and 80+ investment professionals as of September 30, 2025.
MacLean Power Systems (NYSE:BX) and Power Grid Components agreed to merge and recapitalize MPS, with funds affiliated with Blackstone becoming the majority owner and acquiring interests held by Centerbridge, creating a combined supplier for U.S. transmission, distribution, substation and communications infrastructure.
The combined company will unify complementary product lines (switches, insulators, transformers, pad-mounted products and more), retain existing management post-close, and aims to serve growing electrification and grid-hardening demand. Transaction terms were not disclosed.
Blackstone (NYSE:BX) said Jon Gray, President and Chief Operating Officer, will present at the Goldman Sachs 2025 US Financial Services Conference on Wednesday, December 10, 2025 at 12:20pm ET.
A live webcast will be available on the company’s Shareholders section at http://ir.blackstone.com, and a replay will be posted on the website shortly after the presentation.