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Blackstone Capital Partners

Company Summary

Description

Blackstone is one of the world’s leading investment firms. We seek to create positive economic impact and long-term value for our investors, the companies in which we invest, and the communities in which we work. We do this by using extraordinary people and flexible capital to help companies solve problems. Our asset management businesses, with over $360 billion in assets under management, include investment vehicles focused on private equity, real estate, public debt and equity, non-investment grade credit, real assets and secondary funds, all on a global basis. Further information is available at www.blackstone.com.

Website

https://www.blackstone.com/

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Recent news

Company Transactions

Date: 11/2/2018
Type: Acquisition

BUYERS:
  • I Squared Capital
  • Pinnacle Midstream, LLC
    • SELLERS:
  • Eagleclaw Midstream Ventures
  • Blackstone Capital Partners
  • BCP Raptor Holdco
    • DETAILS:

    COST: 0.5 $B

    NOTES:
    EagleClaw Midstream and funds managed by Blackstone Energy announced that I Squared Capital has committed over $500 million in cash and its Delaware Basin portfolio held by Pinnacle Midstream to EagleClaw. I Squared has also become a partner in BCP Raptor Holdco, the parent company of EagleClaw.
    REGIONS:
  • Delaware Basin

    • Date: 7/30/2018
    Type: Acquisition

    BUYERS:
  • Falcon Minerals Corporation
  • Falcon Minerals Operating Partnership
    • SELLERS:
  • Blackstone Energy Partners
  • Blackstone Capital Partners
  • Royal Resources Ltd
    • DETAILS:

    COST: 894 $MM

    VOLUMES: 4.764 MBOE/d

    NOTES:
    Osprey Energy Acquisition Corp. has entered into a deal to acquire the assets of Royal Resources from Blackstone Energy Partners and Blackstone Capital Partners for $400 million in cash and 40 million shares of common stock. The combined company between Osprey and Royal will be named Falcon Minerals Corporation and Blackstone will retain a 47% ownership interest in the company via common stock holdings. The acquired assets include net production of 4,764 boe/d and an asset position spread across 251,000 gross unit mineral acres.
    REGIONS:
  • Austin Chalk
  • Eagle Ford

    • Date: 7/31/2017
    Type: Acquisition

    BUYERS:
  • Blackstone Energy Partners
  • Blackstone Capital Partners
    • SELLERS:
  • EnCap Flatrock Midstream
  • Eagleclaw Midstream Ventures
    • DETAILS:

    COST: 2 $B

    NOTES:
    Blackstone Energy Partners and Blackstone Capital Partners announced that they have entered into a deal to acquire EagleClaw Midstream Ventures for $2 billion from EnCap Flatrock Midstream. The deal is an all-cash transaction and will close by en end of July 2017. Jeffries LLC is providing Blackstone with $1.25 billion in stapled debt financing for the deal.
    REGIONS:
  • Permian Basin