About Business
Blackstone is a U.S.-based financial services company, formed in 1985 and headquartered at 345 Park Avenue, New York City, U.S. It was formed by the merger and acquisition of firms and companies by its founders, Peter Peterson and Stephen Schwarzman. The history of this company traces back to 1985, when its founders formed it. Its founders used to work together before starting a new company. This company expanded its business venture to other related businesses, such as investment management. In the early 2000s, Blackstone purchased the mortgage for 7 World Trade Center and soon completed its fundraising for a private equity fund.









