Blackstone Inc Stock Price, News & Analysis

Blackstone (NYSE: BX) has announced a majority growth investment in NetBrain Technologies, valuing the company at $750 million. NetBrain, a leader in Network Automation and AI platforms, serves over one-third of Fortune 500 companies with its intent-based network automation technology.

The investment aims to accelerate NetBrain's innovation, global expansion, and scaling of its AI-powered platform in the $30 billion NetOps market. The company's technology creates digital-twin networks and uses AI to automate manual network operations tasks, transforming network management from device-centric to intent-centric models.

NetBrain maintains a strong financial position with no debt, significant cash reserves, ongoing profitability, and a growing global presence.

Blackstone (NYSE:BX) has announced a massive infrastructure investment initiative in Pennsylvania, committing over $25 billion to develop digital and energy infrastructure while helping to catalyze an additional $60 billion in investments. The initiative focuses on two key areas: data centers through Blackstone-backed QTS, and power generation facilities through a joint venture with PPL.

The project will create or support over 6,000 jobs annually during the estimated 10-year construction phase and 3,000 permanent positions during operations. QTS, the world's largest independent data center operator, has secured multiple sites in Northeastern Pennsylvania, with construction expected to begin by year-end 2028, subject to approvals.

Blackstone (NYSE:BX) has appointed Monica Issar as Senior Managing Director and Head of Total Portfolio Management (TPM) within Blackstone Multi-Asset Investing (BXMA). Issar brings over 25 years of experience and will report to Joe Dowling, Global Head of BXMA.

Previously at J.P. Morgan Global Private Bank, Issar managed a $55 billion Outsourced Chief Investment Office and led a team overseeing $600 billion in portfolios. In her new role, she will partner with BXMA's Co-Chief Investment Officers to advance portfolio management capabilities across public and private markets.

Allegiant Travel Company (NASDAQ: ALGT) has announced the sale of its Sunseeker Resort Charlotte Harbor to Blackstone Real Estate (NYSE: BX) for $200 million. The transaction involves a newly-built resort featuring 785 rooms across 22 waterfront acres on Florida's Gulf Coast.

The resort includes extensive amenities such as multiple dining venues, two pools, a spa, fitness center, rooftop adult pool and bar, a championship golf course, and over 60,000 square feet of indoor meeting space. Allegiant plans to use the proceeds to repay debt and strengthen its balance sheet. The deal is expected to close in Q3 2025, subject to customary conditions.

Blackstone (NYSE: BX) has completed a CDN$7 billion equity investment in Rogers Communications through its Credit & Insurance division (BXCI). The investment involves acquiring a non-controlling stake in a new Rogers subsidiary that owns part of the company's wireless backhaul transport infrastructure. The investment consortium includes major Canadian institutional investors: CPP Investments, La Caisse, PSP Investments, BCI, and IMCO. The deal represents Blackstone's strategy of providing capital solutions to major corporations while offering unique investment opportunities. BXCI's Infrastructure and Asset Based Credit platform manages over $90 billion and employs more than 70 investment professionals.

Blackstone (NYSE: BX) has appointed Joseph Cassanelli as Senior Managing Director for its Tactical Opportunities division, focusing on financial services sector investments. Cassanelli, former Co-Head of Lazard's U.S. Financial Institutions Group, brings over two decades of experience and has advised on transactions exceeding $500 billion. Blackstone's Tactical Opportunities, launched in 2012, is the world's largest hybrid capital solutions platform with $34 billion in assets under management. The platform recently closed its fourth fund (BTO IV) with nearly $10 billion in new capital, marking its largest vintage to date. Notable investments include CoreWeave and Recognition Music Group.

Blackstone (NYSE: BX) has launched BMACX, its first private multi-asset credit interval fund, now available through select registered investment advisers. The fund provides access to Blackstone's $465 billion credit platform, offering daily subscriptions, quarterly liquidity, and low investment minimums with immediate capital deployment. BMACX will invest across diverse credit assets, including private corporate credit, asset-based and real estate credit, structured credit, and liquid credit. The fund aims to deliver monthly distributions with lower volatility than traditional fixed income products. Led by CEO Heather von Zuben and CIO Dan Oneglia, BMACX builds on Blackstone's track record of providing private credit solutions to individual investors since 2018. The fund received SEC effectiveness in March 2025.

Blackstone has successfully completed the acquisition of Safe Harbor Marinas, America's largest marina and superyacht servicing business, from Sun Communities for $5.65 billion.

The transaction, initially announced on February 24, 2025, positions Safe Harbor for strategic growth under Blackstone's infrastructure portfolio. Heidi Boyd, Senior Managing Director at Blackstone infrastructure, expressed enthusiasm about working with Safe Harbor's team to develop existing marinas and scale their platform.

Safe Harbor CEO Baxter Underwood highlighted the company's commitment to maintaining their people-first culture and community relationships while pursuing growth opportunities. The deal was facilitated by financial advisors Wells Fargo, J.P. Morgan Securities, and Goldman Sachs, with legal guidance from Gibson, Dunn & Crutcher and Simpson Thacher & Bartlett.