President & COO Jon Gray on How Blackstone’s Unique Culture Drives Success - Blackstone (2024)

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President & COO Jon Gray on How Blackstone’s Unique Culture Drives Success - Blackstone (1)

Each year Blackstone brings together the CEOs of its portfolio companies for a conference on developments in the business and investment landscape. At the conference, CEOs have the opportunity to discuss the trends impacting their companies with their peers and Blackstone executives.

At this year’s conference, Blackstone President and COO Jon Gray spoke with Head of Portfolio Operations Dave Calhoun on today’s investing climate and what makes Blackstone exceptional: our commitment to creative thinking and the unique insights that allow us to stay on the forefront of investment trends.

Gray also discussed the culture and the investment process that lies at the heart of the firm’s identity and success. By investing in our people and committing to the long view, Blackstone has created a distinct brand that unlocks potential for growth and expansion across sectors, including new avenues for the firm such as infrastructure and insurance.

Neither this blog post and video nor any of the information contained herein constitutes an offer to sell, or a solicitation of an offer to buy, any security or instrument in or to participate in any trading strategy with any Blackstone fund or other investment vehicle. Past performance is not indicative of future results and there is no assurance that any Blackstone fund will achieve its objectives or avoid significant losses. This blog post and this video may contain forward-looking statements; such statements are subject to various risks and uncertainties. The foregoing information has not been provided in a fiduciary capacity under ERISA, and it is not intended to be, and should not be considered as, impartial investment advice. For information about Blackstone’s business, including risks and financial information, please refer to our most recent Annual Report on Form 10-K filed with the Securities and Exchange Commission. For additional information, see Blackstone’s public filings at ir.blackstone.com.

President & COO Jon Gray on How Blackstone’s Unique Culture Drives Success - Blackstone (2024)

FAQs

What makes Blackstone unique? ›

Blackstone's unique investment business

Blackstone manages investments for big money managers, including pension funds and institutional investors, and its $1 trillion in AUM makes it one of the largest asset managers in the world. What sets Blackstone apart from competitors is its investing style.

What is the overview of Blackstone? ›

Blackstone is the world's largest alternative asset manager, with more than $1 trillion in AUM. We serve institutional and individual investors by building strong businesses that deliver lasting value.

What is the mission of Blackstone? ›

Our mission at Blackstone is to fulfill our fiduciary duty by creating long-term value for our investors. We aim to do this by strengthening the more than 230 companies, ~12,500 real estate assets and other investments in our portfolio, equipping them to thrive amidst a changing global economy.

What are some Blackstone initiatives? ›

The New York-headquartered firm announced its Emissions Reduction Program in January 2021 which has reduced Scope 1 and Scope 2 emissions by 15% in new assets where Blackstone controls the energy usage. Blackstone has also made strides in making buildings more sustainable.

What makes Blackstone so successful? ›

One of the key factors that contributed to Blackstone's success was its ability to adapt to changing market conditions. During the 2008 financial crisis, the firm was able to quickly pivot its investment strategy and take advantage of distressed assets.

How did Blackstone become so successful? ›

Blackstone, which began as a two-person shop in 1985 overseeing $400,000, has become a dominant force in the so-called alternative investments industry. It rose to prominence with leveraged buyouts, the kinds of transactions made famous by “Barbarians at the Gate” and other chronicles of 1980s finance.

How is Blackstone culture? ›

The Blackstone Group reviews

Lots of politics, but that is true for almost any organisation It's all about shouting the loudest to get noticed, and not always necessarily about working the hardest. I learned a lot while working there and enjoyed some of the best pay I've seen as an admin.

Who is Blackstone and why is he important? ›

Sir William Blackstone (born July 10, 1723, London, England—died February 14, 1780, Wallingford, Oxfordshire) was an English jurist, whose Commentaries on the Laws of England, 4 vol. (1765–69), is the best-known description of the doctrines of English law.

What is the reputation of Blackstone? ›

The Blackstone Group has an overall rating of 4.1 out of 5, based on over 778 reviews left anonymously by employees. 73% of employees would recommend working at The Blackstone Group to a friend and 86% have a positive outlook for the business. This rating has been stable over the past 12 months.

Is Blackstone the most powerful company? ›

Blackstone is the world's largest alternative asset manager with $1.04 trillion in assets under management as of Dec. 31, up 7% in 2023 to a record high.

Is Blackstone a good company? ›

Employees rate The Blackstone Group 4.1 out of 5 stars based on 646 anonymous reviews on Glassdoor.

Why do you want to apply for this role at Blackstone? ›

Professional Tone:- I am interested in working at blackstone.com because it is a leading investment firm with a global reach. I am attracted to the firm's commitment to excellence and its focus on teamwork.

What is the Blackstone commitment to diversity? ›

Blackstone is committed to providing equal employment opportunities to all employees and applicants for employment without regard to race, color, creed, religion, sex, pregnancy, national origin, ancestry, citizenship status, age, marital or partnership status, sexual orientation, gender identity or expression, ...

Who is Blackstone's biggest competitor? ›

The Blackstone Group competitors include BlackRock, Goldman Sachs and The Carlyle Group.

Is Blackstone an ethical company? ›

At Blackstone, transparency and disclosure are fundamental to the way we do business. We strive at all times to ensure that our investors, shareholders, employees, portfolio companies and all parties with whom we do business can rely on us to operate in a responsible and ethical manner.

Why do people like Blackstone so much? ›

Durable and easy of cleaning: The griddle features a thick steel cooking surface that can withstand high temperatures without warping or cracking. The griddle is coated with a layer of protective oil that prevents rust and corrosion from forming on the surface.

Why is a Blackstone better than a grill? ›

But Black explained it to me: “I prefer the Blackstone over a traditional grill because of its solid cooking surface,” he says. “The solid cooking surface prevents fire flare ups you'd get with a traditional grill,” he continues, adding that “You can get a Blackstone extremely hot, which is ideal when cooking steaks.”

What is special about Blackstone private equity? ›

Why Private Equity with Blackstone. 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.

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