Welcome to our dedicated page for Blackstone news (Ticker: BX), a resource for investors and traders seeking the latest updates and insights on Blackstone stock.
Blackstone Inc. (NYSE: BX) generates frequent news coverage as the world’s largest alternative asset manager, and its announcements highlight activity across real estate, private equity, credit, infrastructure and energy-related investments. This news page aggregates updates drawn from Blackstone’s own releases and regulatory disclosures so readers can follow how the firm deploys capital and manages its portfolio.
Recent items illustrate the breadth of Blackstone’s activity. Funds managed by Blackstone’s private equity strategy for individual investors became the sole institutional investor in AIR Control Concepts, a commercial HVAC, electrical and controls platform operating across numerous U.S. states and Canada. Blackstone Energy Transition Partners and other Blackstone funds acquired Alliance Technical Group, an environmental testing, monitoring and compliance services provider, and announced a majority ownership position in a combined MacLean Power Systems and Power Grid Components platform serving the electrical grid.
Other news features include Blackstone Energy Transition Partners’ investment in Wolf Summit Energy, a combined-cycle natural gas power generation facility in West Virginia, as well as a strategic partnership with Phoenix Financial focused on corporate, real estate and asset-based credit. Blackstone Credit & Insurance has also announced a forward flow origination partnership with Harvest Commercial Capital to acquire small business loans secured by first lien mortgages on owner-occupied commercial real estate.
In addition, Blackstone issues updates on capital markets activity, such as senior notes offerings by an indirect financing subsidiary, and appearances at financial conferences. Investors and observers can use this page to review earnings-related releases, financing transactions, major investments, partnerships and leadership appointments connected to Blackstone’s global alternative asset management business.
Blackstone (NYSE: BX) named Tommy Fleetwood as its first global brand ambassador, linking the firm with a top-ranked professional golfer. Fleetwood is described as world number four, 2025 Tour Championship and FedEx Cup winner, 2024 Olympic silver medalist, eight-time DP World Tour winner and four-time Ryder Cup player.
The partnership aims to support Blackstone’s multi-decade effort to reach private wealth investors and emphasizes shared values of consistency, trust and disciplined performance.
Blackstone (NYSE: BX) announced the final close of Blackstone Life Sciences VI (BXLS VI) at a hard cap of $6.3 billion, making it the largest private life sciences fund ever raised and ~40% larger than its predecessor. BXLS reports $15 billion AUM for BXLS as of Q4 2025 and an 86% Phase III approval success rate.
BXLS committed nearly $2 billion of new investments in the past 12 months and disclosed multiple strategic financings and co-funding agreements, including transactions sized at $400 million, $2 billion, and up to $3.1 billion.
Blackstone (NYSE: BX) named Courtney Reagan Senior Editor of Blackstone Insights, a newly created role to drive content and audience engagement. Ms. Reagan joins after 20 years at CNBC and will translate proprietary data and market themes into clear takeaways for investors, wealth advisors, and business audiences.
Blackstone (NYSE: BX) has signed a definitive agreement for funds managed by Blackstone Energy Transition Partners to acquire a majority stake in Advanced Cooling Technologies (ACT), a US thermal management manufacturer founded in 2003. ACT’s executive team will remain as significant shareholders. The transaction is expected to close in Q2, subject to customary conditions, and aims to expand ACT’s manufacturing capacity to meet rising demand from data centers and high-performance computing.
Advisors: Houlihan Lokey and Reed Smith for ACT; Kirkland & Ellis and UBS for Blackstone.
Blackstone (NYSE: BX) announced completion and start of commercial operations at the 694 MW Magnolia Power Generating Station in Plaquemine, Louisiana. The greenfield combined-cycle gas turbine plant is hydrogen-capable and is expected to produce enough electricity to power more than 500,000 homes annually.
Construction began in 2022, created over 400 local construction jobs, and marks Kindle Energy and Blackstone’s latest addition to roughly 2 GW of U.S. power generation investments over the last year.
Blackstone Life Sciences (NYSE:BX) announced a co-funding agreement with Johnson & Johnson to advance clinical development of bleximenib (JNJ-75276617), an investigational oral menin inhibitor for acute myeloid leukemia (AML). The firms will jointly finance portions of ongoing and future AML trials, marking BXLS's first co-funding deal with Johnson & Johnson.
The agreement aims to accelerate clinical progress for a therapy targeting a high-unmet-need blood cancer with low survival rates in adults.
Blackstone (NYSE: BX) agreed to acquire Champions Group, a residential home‑services platform with ~1,800 field technicians and ~150,000 active members. Odyssey Investment Partners and Champions management will retain a significant minority stake. Terms were not disclosed and the deal is expected to close in H1 2026, subject to customary conditions.
Advisors include Weil for Blackstone and William Blair, Piper Sandler, and Baird for Champions and Odyssey.
Blackstone (NYSE:BX) announced that Michael Chae, Vice Chairman and Chief Financial Officer, will present at the Bank of America Securities 2026 Financial Services Conference on Tuesday, February 10, 2026 at 9:40am ET.
A live webcast will be available on the shareholders section of Blackstone's website, with a replay posted shortly after the event.
Blackstone (NYSE: BX) agreed to acquire Arlington Industries, a U.S. designer and manufacturer of electrical fittings, enclosures and components founded in 1949. Funds managed by Blackstone Energy Transition Partners signed a definitive agreement to buy Arlington to support Blackstone’s electrification and energy transition themes.
The companies said the transaction is expected to close in Q1 2026, subject to customary conditions, and that terms were not disclosed. Arlington’s products serve commercial, industrial and data center customers; advisors include UBS Investment Bank and Sullivan & Cromwell.
Blackstone (NYSE:BX) announced on January 7, 2026 that funds managed by its private equity strategy have acquired Madison Dearborn Partners’ remaining equity stake in Air Control Concepts (AIR), making Blackstone the sole institutional investor in AIR. Founder, President and CEO Brad Hobbs and his family will reinvest alongside Blackstone.
Headquartered in Norfolk, Virginia, AIR operates across 35 states and Canada through a network of more than 38 operating companies and over 1,900 associates, offering commercial HVAC, electrical, and controls services. The transaction follows Blackstone’s original investment in July 2024. Terms were not disclosed. Centerview Partners and RBC Capital Markets advised Blackstone; Kirkland & Ellis advised AIR and MDP; Simpson Thacher advised Blackstone.