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Blackstone is a global alternative investment firm established in 1985. They currently have 230 billion in assets, and they went public in 2007. From their own description:
<span style="color: rgb(94, 94, 94); font-family: Georgia, Arial, Helvetica, sans-serif; font-size: 14px; line-height: 17px">Blackstone is the world’s largest independent alternative asset manager, serving the investment needs of leading public pension funds, academic and charitable institutions and other investors for more than 25 years. Our funds include private equity funds, real estate funds, customized hedge fund solution funds, credit-oriented funds and publicly traded closed end mutual funds. In addition, we provide investment advice and management services to institutional investors through a variety of separately managed accounts. </span> <span style="color: rgb(94, 94, 94); font-family: Georgia, Arial, Helvetica, sans-serif; font-size: 14px; line-height: 17px"></span> <span style="font-family: Georgia, Arial, Helvetica, sans-serif; font-size: 14px; line-height: 17px;"></span><span style="font-family: Georgia, Arial, Helvetica, sans-serif; font-size: 14px; line-height: 17px;">The program is available mostly in economically depressed regions of California, Montana, Central Florida, Pennslyvania, Ohio and Michigan.</span>
= Purpose =
