Blackstone (Growth)
Investor profile | Builders Republic
About
Blackstone is the world's largest alternative asset manager (Private Equity, Real Estate, Credit). In 2020, they launched a dedicated division, Blackstone Growth (BXG), to compete directly with players like TCV, Insight, and General Atlantic. BXG is designed to be the "Heavyweight Champion" of Growth Equity. Their pitch to founders is simple: "We have more capital, more data, and more connections than anyone else." They leverage the massive Blackstone ecosystem (which owns real estate, logistics, and companies employing 500k+ people) to sign commercial contracts for their portfolio startups. It is a "High Conviction" fund that makes fewer bets but backs them with massive resources
Key facts
- Type
- Private Equity
- Stages
- Growth,Buyout,Pre-IPO
- Sectors
- Agnostic,B2B,B2C,Consumer,Business management software,Marketplace,Software / SaaS,Vertical SaaS,Advertising / Media,Agritech,AI & Automation,Beauty / Fashion,Blockchain / Crypto,Data & Infrastructure,Cyber & Security,Defense,Education,Energy,Fintech & Insurtech,Foodtech,Gaming,Hospitality / Tourism / Travel,Future of work / HR,Industry & Manufacturing,Legaltech / Regtech,Logistics / Supply chain,Martech,Mobility & Transportation,Proptech / Construction,Retail / Future of Commerce,Digital health,Quantum,Smart cities,Healthcare,Deeptech
- Headquarters
- US
- Offices
- New York,San Francisco,London
- Geographic focus
- France,World,Europe,North America,Africa,Asia,Southeast Asia,Latin America,Australia,Southern Europe,UK,Middle East,Israel,USA
- Lead / Follow
- Lead / co-lead
- Ticket size
- 50M€ – 500M€
- Assets under management
- 1100000M€
- Founded
- 1985
Notable investments in France
eFront, 73 strings, Pennylane
Key differentiators
World Class Fund,Fund of funds,Global Footprint,Big Network,Multi-Assets Fund,Strong Track Record