Blackstone Inc Stock Price, News & Analysis

DDN, a global leader in AI and data intelligence solutions, has secured a $300 million investment from Blackstone Tactical Opportunities at a $5 billion valuation. The investment will fuel DDN's growth in serving AI and high-performance computing needs.

Founded in 1998, DDN supports over 500,000 NVIDIA GPUs and serves thousands of customers, including financial services, life sciences, public sector clients, AI hyperscalers, and cloud providers like xAI and Lambda. The company's high-performance data intelligence platform powers NVIDIA clusters, enabling rapid data accessibility with high throughput and low latency for AI and HPC workloads.

The investment marks Blackstone's first institutional investment in DDN, strengthening its position in high-intensity AI workloads. DDN's platform facilitates rapid data ingestion, real-time processing, and faster insight generation for enterprise deployments of LLMs, Gen AI, and RAG applications.

EQT has successfully closed its previously announced midstream joint venture with Blackstone Credit & Insurance (BXCI). The transaction resulted in EQT receiving $3.5 billion in cash consideration, net of certain fees and expenses, in exchange for granting BXCI a non-controlling common equity interest in the JV. The proceeds were used to pay down EQT's term loan, revolving credit facility, and bridge term loan facility that funded the redemption and repurchase of certain EQM Midstream Partners, LP senior notes through a tender offer.

Blackstone (NYSE: BX) has announced its largest-ever real estate investment in Japan, acquiring Tokyo Garden Terrace Kioicho for $2.6 billion (JPY 400 billion) from Seibu Holdings. This marks the largest real estate investment by a foreign investor in Japan. The 2.4-million-square-feet mixed-use asset includes two high-rise towers featuring a fully occupied Grade A+ office, 135 high-end residential units, a 250-key luxury hotel, conference venues, and over 30 retail establishments.

Since 2013, Blackstone has acquired $16 billion in Japanese real estate assets. The company will maintain partnership with Seibu Group, which will continue managing the asset and hotel operations. This acquisition aligns with Blackstone's global real estate portfolio, which includes $325 billion of investor capital under management across various sectors including logistics, data centers, residential, office, and hospitality.

Blackstone Credit & Insurance has announced over $1 billion in new financings to support the recapitalization of Jet Support Services, Inc. (JSSI), the world's largest independent provider of hourly cost maintenance programs for business aircraft. This brings Blackstone's total financing for JSSI to over $1.8 billion in debt financing and common equity investment.

JSSI, a portfolio company of private equity firms GTCR and Genstar Capital, will use these strategic financings to strengthen its capital structure, enhance operational capabilities, and continue growth in the business aviation sector. Blackstone has been investing in JSSI since 2015, demonstrating its commitment to growing with companies in its credit portfolio.

Blackstone (NYSE: BX) has successfully completed its previously announced senior notes offering of $750 million with a 5.000% interest rate, maturing in 2034. The notes were issued through Blackstone Reg Finance Co. L.L.C. and are fully guaranteed by Blackstone and its indirect subsidiaries, including various Blackstone Holdings partnerships.

The company plans to use the proceeds for general corporate purposes. The offering was made under an effective shelf registration statement filed with the SEC, with several major financial institutions serving as points of contact for the prospectus and related documentation.

Blackstone (NYSE: BX) has priced a $750 million offering of 5.000% senior notes due 2034 through its indirect subsidiary, Blackstone Reg Finance Co. The notes will be fully guaranteed by Blackstone Inc. and its indirect subsidiaries, including various Blackstone Holdings partnerships. The company plans to use the proceeds for general corporate purposes. The notes were offered under an effective shelf registration statement with the SEC, with several major financial institutions serving as points of contact for the prospectus and related materials.

Blackstone (NYSE: BX) announced three key leadership appointments and launched new client coverage areas. Farhad Karim has been appointed Global COO of Private Wealth Solutions (PWS), which manages $250B in assets across the private wealth channel. Chris Sullivan becomes Head of Sponsor Coverage to serve private equity sponsors across debt and equity strategies. Adam Lane joins as Head of Consultant Relations to manage relationships with institutional client advisors.

The PWS business, launched over a decade ago, provides financial advisors access to institutional-quality alternative investments across real estate, credit, private equity and infrastructure, with a team of nearly 300 professionals globally.

Blackstone (NYSE: BX) has announced plans to offer senior notes through its indirect subsidiary, Blackstone Reg Finance Co. L.L.C. The notes will be fully guaranteed by Blackstone Inc. and its indirect subsidiaries, including various Blackstone Holdings partnerships. The company intends to use the proceeds for general corporate purposes. The offering will be made through an effective shelf registration statement with the SEC, with several major financial institutions serving as points of contact for the prospectus and supplementary materials.

Blackstone Credit & Insurance (BXCI) has agreed to acquire a $1 billion portfolio of high-quality infrastructure loans from Santander. The portfolio includes loans financing assets primarily in Western Europe and the US, focusing on digital infrastructure, utility-scale renewable, energy efficiency, and transportation sectors. BXCI's Infrastructure and Asset Based Credit platform manages over $80 billion with more than 70 investment professionals. This strategic transaction aims to support Santander's capital goals while allowing them to streamline their balance sheet and continue growth in the Structured Finance space.