dChan - Q Origins Project Archive

Blackstone Group sold by Global Head of Private Equity: $23.04m-August 5-6

this one has approximately 1,178,633 shares to sell after this transaction so not falling into to 10% or moar category but noted because…Blackstone

Joseph Baratta exchanged 500,000 Blackstone Holdings partnership units for an equal number of shares of Class A Common Stock of The Blackstone Group Inc.

from today

Blackstone is set to buy a majority share of Ancestry in a $4.7 billion deal

Private investment firm Blackstone Group is set to acquire 75% of direct-to-consumer (DTC) genetic testing firm Ancestry from its former equity holders in a $4.7 billion deal. Ancestry currently generates $1 billion in revenue annually and has amassed over 3 million paying consumers.

https://www.businessinsider.com/blackstone-to-buy-majority-share-in-ancestry-2020-8

Blackstone Group Inc., formerly The Blackstone Group L.P., is an alternative asset manager. The Company's alternative asset management businesses include investment vehicles focused on private equity, non-investment grade credit, secondary private equity funds of funds and multi-asset class strategies. It operates through four segments: Private Equity, Real Estate, Hedge Fund Solutions and Credit. The Private Equity segment includes its corporate private equity business, which consists of its corporate private equity funds, Blackstone Capital Partners funds, its sector-focused corporate private equity funds, including its energy-focused funds, Blackstone Energy Partners funds and its core private equity fund. The Blackstone Real Estate Partners funds target a range of opportunistic real estate and real estate related investments. The Hedge Fund Solutions segment consists of Blackstone Alternative Asset Management. The Credit segment consists principally of GSO Capital Partners LP. Number of employees : 2 905 people.

https://www.marketscreener.com/THE-BLACKSTONE-GROUP-INC-60951400/company/

Joseph Baratta is Global Head of Private Equity and a member of Blackstone’s Board of Directors. He is also a member of the firm’s Management Committee, and serves on many of the firm’s investment committees. Mr. Baratta joined Blackstone in 1998 and in 2001 he moved to London to help establish Blackstone’s corporate private equity business in Europe. Since 2012, Mr. Baratta has served as the firm’s Global Head of Private Equity and is located in New York. Mr. Baratta has served on the boards of many past Blackstone portfolio companies and currently serves as a member or observer on the boards of First Eagle Investment Management, Refinitiv, SESAC and Merlin Entertainments Group. He is also a member of the Board of Trustees of Georgetown University; is a trustee of the Tate Foundation; serves on the board of Year Up, an organization focused on youth employment; and serves on the Board of Trustees of Trinity School in New York City. Before joining Blackstone, Mr. Baratta was with Tinicum Incorporated and McCown De Leeuw & Company. Mr. Baratta also worked at Morgan Stanley in its mergers and acquisitions department. Mr. Baratta graduated magna cum laude from Georgetown University.

https://www.blackstone.com/people/joseph-baratta/

https://www.finviz.com/insidertrading.ashx?oc=1574706&tc=7