Blackstone is the biggest of the publicly traded alternative-asset managers and, in 2023, it surpassed $1 trillion in assets. Blackstone, founded in 1985, was the first major private equity firm to go public in 2007. The company has since expanded beyond PE and focuses on many different strategies including real estate, credit and insurance, hedge funds, and infrastructure. Blackstone also offers private wealth solutions, private market funds that let individuals invest in some of the strategies BX offers.
Elijah Nouvelage—Bloomberg/Getty Images
