The Firms most common exit type is trade sale (41%). UBS Group. The largest investors in the first fund included Prudential Insurance Company, Nikko Securities and the General Motors pension fund. Vicinity Limited which trades with the name of Vicinity Centres was previously known as Federation Centres and Centro Properties Group. Formerly it was an Equity office. Blackstone has $26B in assets under management (AUM), dropping by -2.59%. In January 2008, Blackstone made a small co-investment alongside TPG Capital and Apollo Management in their buyout of Harrah's Entertainment, although that transaction had been announced during the buyout boom period. Best Workplaces in New York - 2022 The companies on this year's list stand out for ce. In January 2016, Blackstone Real Estate Partners VIII L.P. acquired BioMed Realty Trust for $8 billion. Since going public in 2007, Blackstone has multiplied eightfold the equity capital it devotes to real estate, to $163 billion. In March 2007, RGIS announced that Blackstone Group purchased a controlling interest in the company, the terms of the transaction were not disclosed. Back to BX Overview. .mainrow { background-color: #FFFFEE; padding-top: 3px; padding-bottom: 3px; padding-left:0; padding-right:3px; border-top: 1px dotted #666666; } [81], In December 2009, Blackstone acquired Busch Entertainment Corporation from Anheuser-Busch InBev for $2.9 billion. Blackstone Inc. Institutional investors purchased a net $3.6 million shares of BX during the quarter ended June 2019. In October 2021, the Blackstone Group acquired a majority stake of Spanx, Inc. During the buyout boom of 2006 and 2007, Blackstone completed some of the largest leveraged buyouts. The firm seeks to invest through means of buyouts, debt, mergers, acquisitions, mezzanine, and growth capital. FGIC incurred heavy losses, along with other bond insurers in the 2008 credit crisis. Please. Is Blackstone client of Wipro? } Insights about top trending companies, startups, investments and M&A activities, notable. Also, at the time of its announcement, SunGard would be the largest buyout of a technology company in history, a distinction it would cede to the buyout of Freescale Semiconductor. Blackstone is once again going all-in on the single family rental market. Added to shares of these 10 stocks: FR (+$241M), Paysafe (+$152M), MMP (+$123M), KNTK (+$48M), PTCT (+$42M), XBI (+$29M), DLO (+$28M), STNE (+$19M), Mobileye Global (+$16M), CMPX (+$16M). Blackstone will pay US$6.6 billion for 90% of shares outstanding. EQ Office was founded in 1976. Blackstone advised on the 1987 merger of investment banks E. F. Hutton & Co. and Lehman Brothers, collecting a $3.5 million fee. At Dataromas, we let you explore the latest portfolios of super investors, their net worth, and much more from all around the globe. The recently unveiled national budget boosted capital spending by more than expected, adding to the excitement. Bain and Blackstone narrowly beat out, Travelport, the parent of the travel website Orbitz.com, was acquired from, In October 2006 Blackstone, together with. The Blackstone Group also known as Blackstone Inc. is an alternative investment management company that is based in New York City, America. Goldman Sachs. [157] The firm invests through minority investments, corporate partnerships, and industry consolidations, and occasionally, start-up investments. AUM: $6.1 trillion. Probably Another Veil, Blackstone, Wellspring to acquire Performance Food Group in $1.3bn deal, "Byron Allen's Company Buys Weather Channel for $300 Million", "Anheuser-Busch Inbev and Blackstone announce completion of sale of Busch Entertainment Corporation", "Merlin Entertainments Gains on Debut After $1.5 Billion IPO", "Merlin Entertainments shares rise on London stock market debut", "Over and out: Dynegy and Blackstone call it quits", "Blackstone Said to Acquire Centro's U.S. Shopping Centers for $9.4 Billion", "Blackstone Sells Rest of Stake in Shopping-Center REIT Brixmor", "Blackstone Completes Acquisition of Emdeon", "Blackstone agrees to hand over Jack Wolfskin to lenders", "WHEW: Blackstone Almost Bought Knight Capital Before Its Stock Collapsed", "Accor to Sell Motel 6 to Blackstone for $1.9 Billion", "Blackstone Announces Closing of Vivint Transaction", "Nortek to Acquire 2Gig for $135M, Fold into Linear Security", "Blackstone drops out of race to buy Dell", "First Potomac Realty Trust Completes Sale Of Industrial Portfolio For $259 Million", "StonebridgeCarras to transform industrial park opposite Potomac Yard", "Blackstone Announces Strategic Investment in ThoughtFocus Technologies", "Blackstone Closes Acquisition of Strategic Partners from Credit Suisse", Versace deal with Blackstone values group at 1 billion euros, "Versace Sells Minority Stake to Blackstone", "Blackstone grants $4 million to create Colorado entrepreneurs network", "Deutsche Bank sells casino to Blackstone for $1.7 billion", "Vine Oil & Gas and Blackstone Energy Partners to Acquire Shell's Haynesville Assets", "Blackstone Announces Sale of Gold Fields House in Sydney to Dalian Wanda Group", "Blackstone Completes Acquisition of Excel Trust", "Blackstone to Sell GCA Services Group to Thomas H. Lee Partners and Goldman Sachs", "Blackstone Completes Acquisition Of BioMed Realty Trust", "Blackstone Sells 4 Office Towers To Douglas Emmett For $1.34B", "Leading Music Rights Organization SESAC to Be Acquired by Blackstone", "Blackstone to Buy Aon's Human Resources Outsourcing Platform for $4.3 Billion", "Alight, formerly part of Aon Hewitt, seeks to expand its cloud services portfolio", "Buyout fund Blackstone buys The Office Group valuing it at $640 million", "Pure Industrial Real Estate Trust enters into definitive agreement to be acquired by Blackstone for $8.10 in cash per unit in a $3.8 billion transaction", "Thomson Reuters Sells Stake in Unit to Blackstone-Led Group", "Blackstone Real Estate Income Trust Acquires $1.8 Billion Canyon Industrial Portfolio", "Blackstone Group Buys 22M SF Industrial Portfolio For $1.8B", "Blackstone to Make Strategic Minority Investment in Rockpoint", "Kohlberg Announces Strategic Investment by Blackstone", "Blackstone to Acquire 1 billion Majority Stake in Luminor Through a Corporate Partnership", "Thomson Reuters closes deal with Blackstone", "Blackstone to Buy Clarus as It Jumps Into Life Sciences", "Yankee Global Enterprises with Strategic Partners Sinclair and Amazon Acquire YES Network from Disney", "Yankees partner with Amazon, Sinclair, and Blackstone to buy YES Network", "Blackstone acquires 51% stake in Essel Propack - Exchange4media", "Sudhanshu Vats Appointed CEO And MD At Essel Propack", "Blackstone joins 5.9B deal to take Legoland owner private", "Blackstone Announces Agreement to Acquire Vungle, a Leading Mobile Performance Marketing Platform", "Blackstone to Buy 65% of Park Operator Great Wolf Resorts", "Blackstone Takes Controlling Stake in Owner of Dating App Bumble", "Blackstone bets $167 mn more on Future Group's fashion business", "Blackstone Real Estate Income Trust Completes Acquisition of Bellegio from MGM Resorts International", "Blackstone to invest $400 million in gene therapy venture with Ferring", "Blackstone to Buy Majority Stake in Software Company HealthEdge", "Blackstone wraps up $700M deal for HealthEdge", "Activists sour on Oatly vegan milk after stake sold to Trump-linked Blackstone", "Is There No Ethical Oat Milk Consumption Under Capitalism? List of top Blackstone Group Portfolio Companies - Crunchbase Hub Profile Hub Blackstone Group Portfolio Companies Overview Parent Organization Blackstone Group Number of Organizations 151 CB Rank (Hub) 49,085 Number of Founders 240 Average Founded Date Oct 21, 2000 Percentage Acquired 26% Percentage of Public Organizations 18% Get the full list, Youre viewing 5 of 1,084 team members. "Blackstone To Rationalize Single Manager Hedge Funds Businesses In Efficiency Move", The Blackstone Group to Acquire Prime Hospitality Corp, "Steve Bollenbach, hospitality executive, 1942-2016", Private-Equity Firm Sees Room for Value in Hotels, "Here's Why Wyndham Worldwide Just Bought La Quinta", Blackstone's Bid for Equity Office Prevails, Blackstone Alliance to Buy Chip Maker for $17.6 Billion, VNU Shareholders Reject $8.9 Bln Offer From KKR Group, VNU Agrees To Public Offer From Private Equity Group, "Blackstone Plans to Acquire Cendant Travel Services Unit", "Private-equity companies snap up United Biscuits in a 1.6bn deal", "Blackstone and PAI complete purchase of UB", "The Blackstone Group Has Completed Its Acquisition of a Controlling Interest in RGIS", "Biomet, Inc. to Be Acquired by Private Equity Consortium for $10.9 Billion or $44 Per Share in Cash", Blackstone to Buy Hilton Hotels for $26 Billion, Private Firms Use Closed-End Funds to Tap the Market, "KKR buys Alliant in 'pass the parcel' deal", Blackstone Founders Prepare to Count Their Billions, News Analysis Behind the Veil at Blackstone? Blackstone Group, the world's largest private equity firm, probably won't direct companies it owns to seek money under U.S. government programs set up to help businesses navigate the . How are IPOs trending over time in this hub? 2) Hilton Worldwide Hilton Worldwide was previously known as Hilton Hotels Corporation from 1919 to 2009. Learn More $132B Corporate Private Equity AUM $39B Available Capital to Invest 122 Portfolio Companies WHAT WE DO Part of the purchase involved splitting the business into a property company, NHP, and a nursing home business, which Blackstone claimed would become "the leading company in the elderly care market". var table = document.getElementById(tableid); Contact our team. Real assets: Real estate and infrastructure. Blackstone Group 's most notable exits include NCR , TaskUs , and Blue Yonder. tested every investment manager, the virtuous circle driving Blackstone's success - strong performance leading to investor trust and further growth - has continued to set our firm apart. Founded in 1985, The Blackstone Group is a private equity firm based in New York, New York. Listed at $31 per share (on the NYSE), Blackstone became the first private equity firm to list shares in its management company on an exchange. The combined entity created one of the largest credit platforms in the alternative asset management business, with over $21 billion under management. Get the full list, Morningstar Institutional Equity Research. Fortune's exclusive look at the cou The fascinating story of how Blackstone gets its portfolio companies to work together begins from here. [168] The move caused investor consternation and limited the ability to attract new capital for BRIET. var imgid = 'ocimg' + from; Blackstone Group will file the next quarterly 13-HR in about 3 months. Blackstone leverages that capital by taking out mortgages, so the . ( NYSE: BXSL) Q4 2022 Earnings Conference Call February 27, 2023 9:30 AM ET Company Participants Michael Needham - Head of Investor Relations Brad Marshall -. Win whats next. Details: Partial list of Blackstone investors LP Type New York State Common Retirement Fund Public PF California Public Employees' Retirement System (CalPERS) Public PF Farmers Insurance Group of Companies Insurance Farmers Mutual Hail Insurance Company Insurance National Retirement Fund Taft-Hartley. As of 12/31/2022, we find all stocks held by BlackRock Inc. to be as follows, presented in the table below with each row detailing each BlackRock Inc. position, ordered by largest to smallest position size.The all-stocks-held-by-BlackRock Inc. table shows the entity held in the first column (click any entity to explore other funds holding positions), the share amount held, the share count . [20] That same year, Blackstone partnered with Salomon Brothers to raise $600 million to acquire distressed thrifts in the midst of the savings and loan crisis. Multi-Family Commercial. Founded in 1985, The Blackstone Group is a private equity firm based in New York, New York. The partnership's first acquisition was a $295 million buyout of Prime Succession from GTCR. For a full list of all Bain Capital Private Equity investments, click here. The Blackstone Group's most common sectors for investment arecommunications (9%) and information technology (7%).The Firm's most common investment types include buyout (lbo, mbo, mbi) (24%) and secondary buyout (23%).In total, The Blackstone Group has invested in 27 US states and 27 . The current portfolio value is calculated to be $39.65 Bil. Between 1995 and 2014, PNC reported $12 billion in pretax revenues and capital gains from BlackRock, Schwarzman later described the selling of BlackRock as his worst business decision ever. Debt Financing - Heelstone Renewable Energy, Vault Health - Life Sciences Platform acquired by Science 37, Lesbians Who Tech + Allies San Francisco Summit 2019, Investor, Startup, Company or School that the hub is based on, Total number of organizations associated with this hub, Algorithmic rank assigned to the top 100,000 most active Hubs, Total number of founders of organizations in the hub, Average date the Organization was founded, Percentage of organizations in this hub that have been acquired, Percentage of organizations that have gone public with an IPO, Percentage of organizations in this hub that are non-profits, Total number of for-profit companies in this hub, Total number of non-profit companies in this hub, Top 5 investor types represented in this hub, Last Funding Round type of organizations in the hub (e.g. Top 5 Companies Owned by Blackstone in 2022 Here are some of the companies that Blackstone owns. The Blackstone Groups largest (disclosed) exit occurred in 2019 when it sold Refinitiv for $27.0B. Company Events. 1) EQ Office. Look across Blackstones private equity portfolio and the firm seems to be sitting on a gold mine of similar dealmaking coups in companies involving digital payments, cloud software and data. Blackstone followed these investments with the acquisition of La Quinta Inns & Suites in 2005. PitchBooks data visualizations quickly surface an investors historical investmentsshowing a breakdown of activity by industry, year and region. Operational Private Equity Portfolio Company Investments Our global team brings a patient, long-term philosophy focused on partnering with each portfolio company to provide the right financial resources and operational expertise to help it succeed. Blackstone Infrastructure Advisors L.L.C. [160], Blackstone's most notable real estate investments have included EQ Office, Hilton Worldwide, Trizec Properties, Center Parcs UK, La Quinta Inns & Suites, Motel 6, Wyndham Worldwide, Southern Cross Healthcare and Vicinity Centres. * Investors with a full data subscription can access data for any fund. [170] GSO was founded in 2005 by Bennett Goodman, Tripp Smith, and Doug Ostrover. trs[i].className = 'showrow'; activities, notable investors of these companies, their management team, and recent news are also included. It has almost 80 different offices and it was founded by Sam Zell. The firm seeks to invest through means of buyouts, debt, mergers, acquisitions, mezzanine, and growth capital. The information on this site is not intended to be, nor does it constitute, investment advice or recommendations. Blackstone Inc has defaulted on a 531 million euro ($562.5 million) bond backed by a portfolio of offices and stores owned by Finnish company Sponda Oy, as rising interest rates hit European . [47] In late 2002, Blackstone remained active acquiring TRW Automotive in a $4.7 billion buyout, the largest private equity deal announced that year (the deal was completed in early 2003). Blackstone acquired Prime Hospitality[54] and Extended Stay America in 2004. Blackstone Group, the entity behind India's maiden real estate investment trust (REIT), is now planning to list the country's first retail properties-centred REIT by mid-2022, people with direct knowledge of the development said. Blackstone had been an original investor in GSO's funds. In October 2018, Blackstone announced to buy Clarus. Combined Holding Report Includes: Stockman led many key deals in his time at the firm, but had a mixed record with his investments. } The average expense ratio from all mutual funds is 2.85%. Blackstone's investment in Allied was one of its largest at that point in the firm's history. Top Investor Types Micro VC , Hedge Fund , Accelerator , Angel Group , Venture Debt. In January 2021, Blackstone acquired a majority shareholding in, In March 2021, Blackstone made a $6.2 billion takeover bid for Australian casino operator. In 2012, Blackstone acquired a controlling interest in Utah-based Vivint, Inc., a home automation, security, and energy company. Blackstone / GSO Debt Funds Management Europe II Limited, Milan Branch (Italy) Blackstone Energy Family Investment Partnership (Cayman) ESC L.P. Blackstone Energy Family Investment Partnership (Cayman) II - ESC L.P. 100.00% of all the mutual funds are no load funds. View more View less Blackstone is a company that sells mutual funds with $5,012M in assets under management. Blackrock's largest holding is Apple Inc with shares held of 1,029,208,322. The US-based private equity major has already kick-started the process of listing the proposed REIT by integrating and preparing its portfolio of mall properties . What's the most common final funding type when companies get acquired? A American Axle Ancestry.com C Ivory Apartment Homes; Ivory Homes; Portfolio companies include some big names, like First Data, GoDaddy, Lyft, PEMEX Midstream, UFC, and others. In doing so, he has . Since 1984, we have completed more than 940 primary and add-on investments across a broad array of investment types, business life cycles, industries and geographies. Posted on June 17, 2021 by June 17, 2021 by Guru Portfolio Report Download Blackstone Inc has disclosed 523 total holdings in their latest 13F filing with the SEC for the portfolio date of 2021-12-31. .showrow { Blackstone's partners in the acquisition were Silver Lake Partners, Bain Capital, Goldman Sachs Capital Partners, Kohlberg Kravis Roberts, Providence Equity Partners, and TPG Capital. Motel 6 also operated Studio 6. [9] Prominent investment banker Roger C. Altman, another Lehman veteran, left his position as a managing director of Lehman Brothers to join Peterson and Schwarzman at Blackstone in 1987, but left in 1992 to join the Clinton Administration as Deputy Treasury Secretary and later founded top advisory investment bank Evercore Partners in 1995. List of top Apollo Portfolio Companies - Crunchbase Hub Profile Hub Apollo Portfolio Companies Overview Parent Organization Apollo Number of Organizations 68 CB Rank (Hub) 38,334 Number of Founders 93 Average Founded Date Nov 3, 1997 Percentage Acquired 21% Percentage of Public Organizations 31% Number of For-Profit Companies 64 The fascinating story of how Blackstone gets its portfolio companies to work together begins from here. Get the full list, Youre viewing 5 of 797 exits. In July 2008, Blackstone, together with NBC Universal and Bain Capital acquired The Weather Channel from Landmark Communications for $3.5 billion. What's the investment trend over time for this hub? Institutional Holdings information is filed by major institutions on form 13-F with the Securities and Exchange Commission. Do Too Many Cooks Spoil the Takeover Deal? In March 2020, Blackstone announced that it is buying a majority stake in HealthEdge, a health-care software company. 6,428,927. This list may not reflect recent changes ( learn more ). BREIT Portfolio | Blackstone Real Estate Income Trust Important Notice This site and the materials herein are directed only to certain types of investors and to persons in jurisdictions where Blackstone Real Estate Income Trust ("BREIT") is authorized for distribution. blackstone private equity portfolio list. The purchase and subsequent IPO of Southern Cross led to controversy ICO Companies Office: 3401 N. Center St. Suite 300 Lehi, UT 84043. The company was sold to Kohlberg Kravis Roberts in 2012. After a resistance of residents and questions regarding the legality of the purchase agreement, Blackstone withdrew from it in October 2019. ", Last edited on 28 February 2023, at 21:29, Teachers Insurance and Annuity Association, Blackstone to Acquire Nucleus Network, Australia's Largest Phase One Clinical Trials Specialist, List of outdoor industry parent companies, https://companiesmarketcap.com/kohlberg-kravis-roberts/revenue/, "Blackstone Group Inc 2021 Annual Report (Form 10-K)", "Blackstone Reports Third Quarter 2022 Results", Private equity power list: #1 The Blackstone Group, "English Translation of "schwarz" | Collins German-English Dictionary", "petro-, petr-, petri-, peter- - Word Information", "Strong's Greek: 4074. [4]:144147 He left Blackstone in 1999 to start his own private equity firm, Heartland Industrial Partners, based in Greenwich, Connecticut. [76], On June 21, 2007, Blackstone became a public company via an initial public offering, selling a 12.3% stake in the company for $4.13 billion, in the largest U.S. IPO since 2002.[77][78]. Harvest Fund Advisors LLC Blackstone Tactical Opportunities Advisors L.L.C. [38] In 1999, Blackstone partnered, together with Apollo Management to provide capital for Allied Waste's acquisition of Browning-Ferris Industries. Fidelity. I compiled this list of corporate events from the company's portfolio page and news release page. overripe kiwi alcohol; atlantic automotive group; list of blackstone portfolio companies; iowa total care dental providers; driver portal ecph; rock and roll hall of fame inductees 2022 No Comments; June 4, 2021 To view a list of current job openings at our portfolio companies, click here. Blackstone was a net seller of stock by $-2.8B. In 2018, the remainder of the company was sold to Byron Allen for $300 million. Carlyle's Global Private Equity business is one of the world's largest and most diversified private equity platforms, spanning industries, geographies and strategies to deliver transformational results for our partnersmanagement teams, portfolio companies, and fund investors. Blackstone Group is more likely to invest in rounds together with the following funds: 1 DJR Advisors 2 Jaakkoo-Taara Oy 3 POSCO Venture Partners Funds investing in following rounds These funds have a tendency to invest in the following rounds after Blackstone Group: 1 Apax-Patricof 2 Zheda Youchuang 3 ZWC Partners Funds with similar focus [31][32][33], In 1995, Blackstone sold its stake in BlackRock to PNC Financial Services for $250 million. In 2012, Blackstone went paperless with its Annual Reports and now releases Annual Chairman's Letters online. BlackRock is an investment company that offers its services to institutions, intermediaries, foundations, and individual investors. Blackstone made a number of notable investments in the early and mid-1990s, including Great Lakes Dredge and Dock Company (1991), Six Flags (1991), US Radio (1994), Centerplate (1995), MEGA Brands (1996). Spheras Carbon Accounting and Reporting solution helps you easily calculate your companys carbon footprint. With 1,000 employees, the company manages a $64 billion private equity portfolio and has made more than 835 investments in its long history. How much aggregate funding have these organizations raised over time? [30], Blackstone made a number of notable investments in the early and mid-1990s, including Great Lakes Dredge and Dock Company (1991), Six Flags (1991), US Radio (1994), Centerplate (1995), MEGA Brands (1996). Separately, in the largest real estate transaction in India, Brookfield bought 12.8 million sq. The oldest fund launched was in 2014. Blackstone acquired the premium hotel operator for approximately $26 billion, representing a 25% premium to Hilton's all-time high stock price. [14], In March 2008, Blackstone acquired GSO Capital Partners, a credit-oriented alternative asset manager, for $620 million in cash and stock and up to $310 million through an earnout over the next five years based on earnings targets. Investing in a portfolio company aims to increase its value and earn a return on investment through a sale. 2017 Donor List; 2016 Donor List; Annual Report; News & Events; Camps; Get Involved; Contact; Donate! Their most recent investment was on Feb 27, 2023, when Wiz raised $300M. AUM: $2.530 trillion. Series A, Seed, Private Equity), Average of the Crunchbase Ranks of the organizations in this hub, Total number of funding rounds associated with this hub, Total funding amount raised across all funding rounds, Total number of acquisitions made by organizations in the hub, Total number of investments made by investors in this hub, Total number of lead investment firms and individual investors that invested in organizations of this hub, Total number of investment firms and individual investors that invested in organizations of this hub, Median number of investments made by investors in this hub, Median number of lead investments made by investors in this hub, Total number of people associated with this hub, Total number of events associated with this hub, Total amount raised at IPO of all the organizations associated with this hub, Median amount raised at IPO of all the organizations associated with this hub, Total valuation at IPO of all the organizations associated with this hub, Median valuation at IPO of all the organizations associated with this hub, Average date at which organizations in this hub went public, Percentage of organizations in this hub that have removed their stock from the stock exchange. The innovation, knowledge and experience of our partners continues to be instrumental to our company's success. [34], In 1997, Blackstone completed fundraising for its third private equity fund, with approximately $4 billion of investor commitments[35] and a $1.1 billion real estate investment fund. Marine Spares Engine Mak Wartsila,DEUTZ PIELSTICK NOHAB MAN,ABC BERGEN Crossely FIAT,RUSTON SULZER BLACKSTONE etc,WARTSILA 6L20Crankshaft WARTSILA 9R32 Crankshaft ,WARTSILA 8R32 8M20 Crankshaft.,PURIFIER HYDRAULIC PUMP & MOTORs,Turbochargers ETc.,, . } color: #111111; } Since going public in 2007, Blackstone has multiplied eightfold the equity capital it devotes to real estate, to $163 billion. AUM: $7.318 trillion. In October 1991, Blackstone and Silverman added Days Inns of America for $250 million. Later it became Hilton Worldwide Holdings Inc. Hilton worldwide is an American Hospitality company. .arow { background-color: #EEFFEE; font-size: 11px; padding-right:3px; } } else { Hilton Worldwide was previously known as Hilton Hotels Corporation from 1919 to 2009. In August 2020, Blackstone acquired Takeda Consumer Healthcare for $2.3 billion. [23][24] Additionally, Blackstone and Silverman acquired a 65% interest in Prime Motor Inn's Ramada and Howard Johnson franchises for $140 million, creating Hospitality Franchise Systems as a holding company. Blackstone real estate has committed $5.4 billion across 33 investments in India, of which it has committed $4 billion towards acquiring Grade A commercial office buildings across the country; it. Blackstone portfolio company La Quinta Inns & Suites ranks #12 among large companies in The Dallas Morning News 2014 list of Top Places to Work. Check Out What's New in Uber's Redesigned App, The job cuts by companies like Uber and GM targeting low performers show CEOs are taking a hard-line approach to management, Airbnb say that it might ban people associated with prohibited guests, 'It All Adds Up': Uber to nudge passengers with government energy-saving campaign, CBDCs and Privacy Are Not Mutually Exclusive: ConsenSys Exec, Rivian sticks to 50,000 vehicle production target for 2023, Rivian tells staff EV output may be 24% more than forecast. In other words, companies that private equity firms hold an interest in are considered portfolio companies.