Blackstone, a publicly owned company based in the US, operates with approximately 3,170 employees. Founded in 1985, the company functions as an alternative investment management firm, with its primary operations in New York City.
Blackstone recently closed its Blackstone Life Sciences VI fund at US$6.30 billion in capital commitments on April 3, 2026, creating what it describes as the largest private fund focused on life sciences and underscoring continued demand for its specialist healthcare platform. Earlier on the same day, Blackstone undertook a strategic shift in its investment portfolio, exiting its longstanding Spanish rental property holdings by selling the entire portfolio to Brookfield Asset Management for 1.2 billion euros ($1.3 billion), netting €1.05 billion. This move away from a mature, capital-heavy asset allows for reallocation toward sectors with greater growth potential and lower capital requirements, including a major investment in UAE digital infrastructure.
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