The Blackstone Group is a global investment firm based in New York City, founded in 1985 by Stephen Schwarzman and Peter Peterson. It specializes in private equity, real estate, credit, and hedge fund investment strategies. Blackstone is known for acquiring and managing a diverse range of assets, making it one of the largest alternative investment firms in the world. With a focus on long-term value creation, Blackstone invests in various sectors, including technology, healthcare, and energy. The firm has a significant presence in the real estate market, owning and managing properties across the globe. Its investment approach aims to generate strong returns for its clients and investors.