With a market cap of $86.9 billion, Blackstone Inc. (BX) is a global alternative asset manager and financial advisory firm with offices across Asia, Europe, North America, and Central America. It operates through four key segments - Real Estate; Private Equity; Hedge Fund Solutions; and Credit & Insurance, investing on behalf of institutional and individual clients across asset classes and geographies.
Companies valued at $10 billion or more are generally classified as “large-cap” stocks, and Blackstone fits this criterion perfectly. The firm specializes in a wide range of strategies, including opportunistic real estate, large and mid-cap buyouts, credit investments, hedge fund solutions, and growth equity, targeting companies with enterprise values between $500 million and $5 billion.