BX

Ross B. Shuster to Join as CEO of Standalone Climate Technologies Business Following the Close of the Acquisition by Blackstone from Emerson

Retrieved on: 
Monday, April 24, 2023
Other Professional Services, Other Energy, Finance, Alternative Energy, Energy, Banking, Professional Services, Business, Climate, United Technologies, Senior, BX, Control, Emerson, Carbon, Sale, HVACR, Growth, Heat, Environment, NYSE, Renewable energy, Howden

The standalone Climate Technologies business includes the market-leading Copeland compressor business and the entire portfolio of products and services across all HVACR end-markets, representing approximately $5.0 billion of Emerson’s fiscal 2022 sales.

Key Points: 
  • The standalone Climate Technologies business includes the market-leading Copeland compressor business and the entire portfolio of products and services across all HVACR end-markets, representing approximately $5.0 billion of Emerson’s fiscal 2022 sales.
  • Previously, he spent 12 years with United Technologies, holding several leadership positions including as a business unit President within the Climate, Controls & Security Global Business.
  • “This is a special opportunity to shape the next chapter of an industry-leading business alongside the Blackstone, Emerson, and Climate Technologies teams,” said Ross B. Shuster.
  • The Climate Technologies business is ideally positioned to help address global climate challenges, including contributing to energy efficiency and accelerating the global trend of electrification.

BIGT Options Listed For Trading

Retrieved on: 
Tuesday, April 18, 2023
Meta, BX, Investment, PHLX, Microsoft, Round Hill, ETF, FAAMG, Apple, Amazon

NEW YORK, April 18, 2023 /PRNewswire/ -- Roundhill Investments , an ETF sponsor focused on developing innovative thematic funds, is pleased to announce that options for BIGT — the Roundhill BIG Tech ETF — are now listed for trading on PHLX, Nasdaq Options Market, and BX.

Key Points: 
  • NEW YORK, April 18, 2023 /PRNewswire/ -- Roundhill Investments , an ETF sponsor focused on developing innovative thematic funds, is pleased to announce that options for BIGT — the Roundhill BIG Tech ETF — are now listed for trading on PHLX, Nasdaq Options Market, and BX.
  • As the first-ever FAAMG ETF, the Roundhill BIG Tech ETF provides concentrated exposure to the five megacap technology companies known as the "FAAMG" stocks.
  • BIGT's exposures (as of 4/17/2023) include Meta, Apple, Amazon, Microsoft, and Alphabet.
  • For more information on BIGT and a full list of holdings please visit:

Blackstone and Dominium Expand Partnership to Bring Additional New Affordable Housing to Phoenix

Retrieved on: 
Thursday, April 13, 2023
Commercial Building & Real Estate, Seniors, Construction & Property, Building Systems, Urban Planning, Consumer, Other Construction & Property, Residential Building & Real Estate, Partnership, Housing, BX, ION, Investment, Water, LIHTC, NYSE, Development, Dominium, Phoenix

Blackstone (NYSE: BX), through its affordable housing portfolio company, April Housing (“April”), and Dominium, a leading affordable housing owner, developer and manager, today announced an expansion of their partnership to develop Casa Azure, which will bring 196 new affordable housing units to Phoenix, Arizona.

Key Points: 
  • Blackstone (NYSE: BX), through its affordable housing portfolio company, April Housing (“April”), and Dominium, a leading affordable housing owner, developer and manager, today announced an expansion of their partnership to develop Casa Azure, which will bring 196 new affordable housing units to Phoenix, Arizona.
  • This increases Blackstone and April Housing’s commitment to expand the affordable housing stock in Maricopa County to a total of 568 new LIHTC units through $79mm of investments.
  • We appreciate their partnership and expertise as we continue working to address the shortage of affordable housing nationwide.”
    Kathleen McCarthy, Global Co-Head of Blackstone Real Estate, said, “Alongside April Housing, we have been identifying innovative ways to address the shortage of affordable housing.
  • We are excited to expand our partnership with Dominium and create new, affordable housing for seniors in Phoenix.”
    “April's commitment to preserve and create affordable housing is at the center of everything we do,” said Alice Carr, Chief Executive Officer of April Housing.

Blackstone Announces $30.4 Billion Final Close for Largest Real Estate Drawdown Fund Ever

Retrieved on: 
Tuesday, April 11, 2023
Commercial Building & Real Estate, Construction & Property, Finance, Consulting, Banking, REIT, Professional Services, Asset Management, Residential Building & Real Estate, Dislocation, BX, Investment, NYSE, IRR, BREP, Commercial property

Blackstone (NYSE: BX) today announced the final close of its latest global real estate fund, Blackstone Real Estate Partners X (“BREP X”).

Key Points: 
  • Blackstone (NYSE: BX) today announced the final close of its latest global real estate fund, Blackstone Real Estate Partners X (“BREP X”).
  • BREP X has $30.4 billion of total capital commitments — the largest real estate or private equity drawdown fund ever raised.
  • This record-setting fundraise reflects the trust we have built with our limited partners, and we are grateful for their continued confidence as we enter a compelling investment environment.”
    Ken Caplan, Global Co-Head of Blackstone Real Estate, said, “We believe the current market is tailor-made for Blackstone Real Estate.
  • Furthermore, sector selection has never been more critical as we witness the bifurcation of performance within real estate, which is favoring our high-conviction themes.”

BX Technologies Limited Raises £1.5m to Decarbonise the Food and Drink Supply Chain.

Retrieved on: 
Tuesday, April 11, 2023
Food Tech, Retail, Environment, Technology, Other Technology, Green Technology, Food, Beverage, Bardsley, Army, BX, Farmer, Multimedia, Fruit, Carbon, Officer (armed forces), Climate change, Counteraction principle, Knowledge, CO2, Agriculture

BX Technologies Limited, a London based AI powered climate tech company is enabling the decarbonisation of the food and drink supply chain.

Key Points: 
  • BX Technologies Limited, a London based AI powered climate tech company is enabling the decarbonisation of the food and drink supply chain.
  • View the full release here: https://www.businesswire.com/news/home/20230404005918/en/
    Ben Bardsley - CEO of BX Technologies Ltd. Former Army Officer, injured in Afghanistan, turned fruit farmer, turned Tech CEO, announces the successful raise of £1.5m to decarbonise the food and drink supply chain.
  • We have been impressed with the development of BX, Ben and his team in addressing this problem.
  • BX is quickly becoming the 'Experian of Farming' with the 'BX Score'; a single metric to measure environmental impact and is being widely adopted by the global supply chain.

Folloze Unveils First-of-its-Kind Marketing Automation Identity Matching to Deliver Up to 40% More Known Leads

Retrieved on: 
Thursday, March 30, 2023
Data Management, Technology, Professional Services, Business, Marketing, Communications, Digital Marketing, Data Analytics, Software, Artificial Intelligence, Internet, ABM, Database, Martech, Knowledge, AI, Marketo, Demandbase, BX, Automation, Sales, Online shopping, Gigamon

In early testing, cookie matching yields up to 40% more known leads, which helps marketers more effectively target them throughout the buyer’s journey.

Key Points: 
  • In early testing, cookie matching yields up to 40% more known leads, which helps marketers more effectively target them throughout the buyer’s journey.
  • Cookie matching is now available across leading marketing automation solution providers including Marketo and Eloqua.
  • Folloze’s unique identity model now with enhanced cookie matching capabilities incorporates first and third-party behavioral data to take a casual browser from being unknown to known much quicker.
  • The identity matching solution allows for a completely progressive identity.

Blackstone Announces Opening of New Office in Frankfurt, Germany

Retrieved on: 
Monday, March 20, 2023
Banking, Asset Management, Professional Services, Finance, Private equity, ThyssenKrupp, Senior, BX, Messeturm, DACH, TK, Investment, Leica, Credit, NYSE, Financial services

Blackstone (NYSE: BX), the world’s largest alternative asset manager, today announced that it will open a new office in Frankfurt, Germany.

Key Points: 
  • Blackstone (NYSE: BX), the world’s largest alternative asset manager, today announced that it will open a new office in Frankfurt, Germany.
  • The new flagship location will occupy 1,300 square meters in the OMNITURM in Frankfurt’s financial district and serve as a hub for Blackstone in Germany.
  • The opening of the new office in Frankfurt highlights Blackstone’s conviction in Germany, and its plan to build on its success and expand its activity in the German market going forward.
  • Jon Gray, President and COO of Blackstone, said: “We are very excited to be opening a new office in Frankfurt, and to be expanding our presence in Germany.

Altus Power Introduces Community Solar Partnership Program to CBRE and Blackstone Employees across The Northeast

Retrieved on: 
Friday, February 10, 2023
Utilities, Environment, Sustainability, Alternative Energy, Green Technology, Energy, Environmental Health, Apple Store, Human resources, BX, Community solar, Electricity, NYSE, Human, Google Play, CBRE, Partnership, Blackstone, Renewable energy

Altus Power, Inc. (“Altus Power”) (NYSE: AMPS) today announced, in partnership with Blackstone (NYSE: BX) and CBRE (NYSE: CBRE), Altus Power has advanced its Community Solar Partnership Program for large enterprises by offering each company’s employees the opportunity to subscribe to the benefits of clean electricity from solar arrays owned and operated by Altus Power.

Key Points: 
  • Altus Power, Inc. (“Altus Power”) (NYSE: AMPS) today announced, in partnership with Blackstone (NYSE: BX) and CBRE (NYSE: CBRE), Altus Power has advanced its Community Solar Partnership Program for large enterprises by offering each company’s employees the opportunity to subscribe to the benefits of clean electricity from solar arrays owned and operated by Altus Power.
  • Altus Power and CBRE plan to extend the program to employees in Hawaii, Maryland and New Jersey where Altus Power is developing additional solar assets tailored to community solar customers.
  • “We are excited to offer our Community Solar Partnership Program to Blackstone and CBRE employees as an easy way for them to go green and save money,” said Daniella Gray, Head of Customer Relations at Altus Power.
  • For more detailed information on Altus Power Community Solar and how it works, please visit our Community Solar website or download the Altus Power Community Solar App available in the Apple Store and the Google Play Store.

Blackstone to Present at the Bank of America Securities Financial Services Conference 2023

Retrieved on: 
Thursday, February 2, 2023
Banking, Asset Management, Professional Services, Finance, BX, Bank, NYSE, Conference, Entrepreneurship, Shareholder, Cryptocurrency, Broadcasting

Blackstone (NYSE:BX) announced today that Stephen Schwarzman, Chairman, CEO and Co-Founder, is scheduled to present at the Bank of America Securities 2023 Financial Services Conference on Thursday, February 16, 2023 at 12:30pm ET.

Key Points: 
  • Blackstone (NYSE:BX) announced today that Stephen Schwarzman, Chairman, CEO and Co-Founder, is scheduled to present at the Bank of America Securities 2023 Financial Services Conference on Thursday, February 16, 2023 at 12:30pm ET.
  • A live webcast of the presentation will be available on the Shareholders section of Blackstone’s website at http://ir.blackstone.com .
  • For those unable to listen to the live webcast, a replay will be available on Blackstone’s website shortly after the event.

UC Investments to Invest Additional $500 Million in BREIT Common Shares

Retrieved on: 
Wednesday, January 25, 2023
Asset Management, Professional Services, Finance, University, Investment, BX, NYSE, Blackstone, Simpson Thacher & Bartlett, UC

The Office of the Chief Investment Officer of the Regents of the University of California (“UC Investments”) and Blackstone (NYSE: BX) today announced an expansion of their long-term strategic venture.

Key Points: 
  • The Office of the Chief Investment Officer of the Regents of the University of California (“UC Investments”) and Blackstone (NYSE: BX) today announced an expansion of their long-term strategic venture.
  • UC Investments will acquire an additional $500 million in Blackstone Real Estate Income Trust, Inc. (“BREIT”) Class I common shares with fees and terms consistent with existing BREIT shareholders.
  • This follows the $4 billion investment by UC Investments into BREIT announced on January 3, 2023 , bringing its total investment in BREIT to $4.5 billion.
  • Simpson Thacher & Bartlett LLP is acting as BREIT’s legal counsel and Goodwin Procter LLP is acting as UC Investments’ legal counsel.