US EditionPrivate Capital Group Blackstone Plots $500bn Expansion in Europe
- Marking 25 years since establishing its London office in 2000, Blackstone intends to commit up to $500 billion in investments across Europe over the coming ten years.
- This investment follows growing investor optimism amid rising global economic risks and Europe's push for economic growth and increased military spending.
- Blackstone currently manages over $1 trillion in assets, with about $350 billion invested in Europe and $100 billion already deployed in the UK.
- Blackstone’s CEO, Steve Schwarzman, described the situation as a significant opportunity during a Bloomberg Television interview on Tuesday, noting that the company’s London office currently has 650 employees.
- The planned investment signals strong confidence in Europe's reforms, lower valuations, and renewed government focus on infrastructure and defense spending.
22 Articles
22 Articles
Blackstone is going big in Europe: 'We are seeing signs of change,' says Schwarzman
Stephen Schwarzman, the CEO and co-founder of Blackstone, is upbeat on Europe.Yves Herman/REUTERSBlackstone plans to invest at least $500 billion in Europe over the next decade.CEO Steve Schwarzman sees potential in Europe's economic reforms and lower company valuations.The optimism contrasts with January's pessimism at the World Economic Forum in Davos.Europe is back in favor with the world's biggest private equity firm.Blackstone is planning t…
Blackstone plans to invest up to $500 billion in Europe over the next ten years to take advantage of opportunities in the defence and space sector. The asset manager sees great potential through political and economic changes.
Blackstone Plans $500 Billion Europe Investment, Schwarzman Says
Blackstone Inc. is planning to invest as much as $500 billion in Europe over the next 10 years, Chief Executive Officer Steve Schwarzman said in an interview to mark the 25th anniversary of the alternative asset manager’s operations in London.
Blackstone sees potential in Europe's economic reforms and plans to invest at least $500 billion (435 billion euros) in the Old Continent in a decade.
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