Blackstone
In short: Blackstone Inc. (NYSE: BX) is an alternative asset manager investing in private equity, real estate, credit and other strategies. Peter G. Peterson and Stephen A. Schwarzman founded it in 1985, it is headquartered at 345 Park Avenue in New York, and Schwarzman is chairman and chief executive. It managed about $1.2 trillion of assets as of September 2025. Its main dating-industry investment is Bumble.
Key facts
| Type | Investor |
|---|---|
| Listed | BX |
| Headquarters | USA |
| Founded | 1985 |
People
- Steve Schwarzman, Co-Founder & CEO
Stories about Blackstone
- Blackstone entities sell 2.76M Bumble shares at $3.5423 via forward
Seven Blackstone-linked vehicles sold 2,763,510 Bumble Class A shares at $3.5423 on 13 October, but about 15.9M shares remain, not a 99.5% cut. - Blackstone's Bumble Exit: A Masterclass in PE Timing
Blackstone has recovered roughly double its $2.1 billion Bumble investment, per Business Insider, as Bumble's market cap fell 96%.
Also mentioned in
- Bumble shares more than double to $5.95 on Ithaca takeover
- Law firms probe fairness of Bumble's $6.05 take-private price
- Bumble to install Ithaca founders Gupta and Hegeman as co-CEOs
- Bumble agrees $1.3B sale to Ithaca Holdings at $6.05 a share
- UK Dating Apps Monetise Hope, Not Growth: The Revenue Playbook
- Bumble's 95% Valuation Plunge: A Cautionary Tale for Dating IPOs
- Bumble's $475M Debt Move: Strategic Flexibility or Financial Necessity?
- PURE Hit $100M Revenue. Its Privacy Model Deserves More Credit Than It Gets.
Questions about Blackstone
What does Blackstone do?
Blackstone Inc. (NYSE: BX) is an alternative asset manager investing in private equity, real estate, credit and other strategies. Peter G. Peterson and Stephen A. Schwarzman founded it in 1985, it is headquartered at 345 Park Avenue in New York, and Schwarzman is chairman and chief executive.
Where is Blackstone based?
Blackstone is based in USA.
When was Blackstone founded?
Blackstone was founded in 1985.
Also known as: BX, BX Buzz ML-1 GP LLC.