Private Equity
We play a vital role in helping companies realize their growth potential. We uncover and unlock value by identifying great companies with untapped potential and enhancing their performance.
Investor Capital Under Management
Note: All figures as of June 30, 2025, unless otherwise indicated.
[1]1. As of March 31, 2025.
Value of Global Real Estate Portfolio1
WHAT WE DO
We invest thematically in high-quality assets, focusing where we see outsized growth potential driven by global economic and demographic trends.
Conviction
Our vast portfolio provides us with proprietary information across every major real estate asset class in virtually every major market around the world, allowing us to identify themes and invest capital with conviction.
Connectivity
Our people are our advantage. Our team of nearly 900 real estate professionals across 12 offices operates as one globally integrated business, allowing us to identify the opportunities and limits of each potential transaction through one investment review process.
Scale
Scale is one of our greatest strengths. The breadth of our existing portfolio gives us differentiated perspectives across sectors and geographies, while our significant discretionary capital base enables us to execute large and complex transactions.
WHAT WE DO
We are proud of Blackstone’s role as a positive economic catalyst for the companies in our Corporate Private Equity portfolio. We work to identify, invest in and enhance the value of great businesses.
Copeland
Copeland is a global leader in energy-efficient heating, cooling, and cold chain technology, with decades of expertise and a commitment to innovation. With 18,000 employees in over 40 countries, Copeland’s technology powers over 200 million installations worldwide and is backed by 3,400 patents and 2,300 engineers
Adevinta
Adevinta is a leading online classifieds group championing sustainable commerce across Europe and beyond. Its digital marketplaces span consumer goods, mobility, real estate, holiday rentals, and jobs, attracting over 120 million monthly users and more than a million businesses. With vertical expertise and a focus on technology, products, and sustainability, Adevinta puts consumer needs at the center of its mission.
Legence
Legence works with mission-critical and high performance facilities — healthcare, schools, data centers, biopharma, high tech manufacturing, commercial real estate, and government buildings — to reduce carbon emissions, implement renewables, lower utility costs through increased efficiency, enhance system operation and improve the wellbeing of occupants, all towards building a stronger company.
TDI
Transmission Developers Inc. (TDI) is a developer of clean energy transmission projects including the Champlain Hudson Power Express (CPHE), an underground transmission line that will bring hydropower from Quebec to New York City. CHPE is expected to create enough energy to power over one million homes, supporting New York State’s clean energy transition.
Bumble
Bumble owns and operates several leading dating and social networking apps, including its namesake platform, Bumble, and Badoo. Founded by CEO Whitney Wolfe Herd, Bumble is a pioneer in female-friendly online dating where women make the first move. In partnership with the company, we have leveraged Blackstone’s scale and deep bench of operational resources to help fuel Bumble’s continued growth.
Ancestry
Ancestry provides digital family history services to more than 3.6 million subscribers in over 30 countries. Ancestry’s large user network, unique content and scaled technology platform have turned it into an industry leader. We look forward to investing in new product development and resources to help Ancestry’s customers learn more about their family histories and themselves.
OUR STRATEGY
We have invested successfully through all market cycles and across the entire risk spectrum.
Since we started investing in real estate in 1991, the growth of our business across both products and geographies has expanded our ability to provide practical and diverse solutions to our limited partners.
Our opportunistic business seeks to acquire undermanaged, well-located assets across the world. In connection with these acquisitions, we build businesses that are set up to manage the underlying properties and ultimately maximize their value by instituting best-in-class management. Post-acquisition, we also invest in the properties to improve them before selling the assets and returning capital to our limited partners.
Our Core+ business features stabilized real estate with a long investment horizon and moderate leverage, where we can unlock additional value through focused asset management. Our institutional North America, Europe and Asia Core+ strategies focus on logistics, residential, office, life science office and retail assets in global gateway cities.
Our Core+ business features stabilized real estate with a long investment horizon and moderate leverage, where we can unlock additional value through focused asset management. Our institutional North America, Europe and Asia Core+ strategies focus on logistics, residential, office, life science office and retail assets in global gateway cities.