Blackstone Inc. is an American alternative investment management company based in New York City. It was founded in 1985 as a mergers and acquisitions firm by Peter Peterson and Stephen Schwarzman, who had previously worked together at Lehman Brothers. 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 across the globe. Blackstone is also active in credit, infrastructure, hedge funds, secondaries, growth equity, and insurance solutions. As of September 30, 2025, Blackstone has $1.2 trillion in total assets under management, making it the world's largest alternative investment firm.
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In this Dossier
- ⭐ Core Definition: Blackstone Inc.
- Blackstone Inc. in the context of University of Chicago Booth School of Business
Blackstone Inc. in the context of University of Chicago Booth School of Business
The University of Chicago Booth School of Business (branded as Chicago Booth) is the graduate business school of the University of Chicago, a private research university in Chicago, Illinois. Founded in 1898, Chicago Booth is the second-oldest business school in the U.S. and is associated with 10 Nobel laureates in the Economic Sciences, more than any other business school in the world.
Notable Chicago Booth alumni include James O. McKinsey, founder of McKinsey & Company; Peter G. Peterson, co-founder of Blackstone; Susan Wagner, co-founder of Blackrock; Eric Kriss, co-founder of Bain Capital; Satya Nadella, current CEO of Microsoft; and other current and former CEOs of Fortune 500 companies such as Allstate Insurance, Booz Allen Hamilton, Cargill, Chevron, Chipotle Mexican Grill, Credit Suisse, Dominos, Goldman Sachs, IBM, Morgan Stanley, Morningstar, PIMCO, Reckitt Benckiser, and Starbucks.
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