In 2018, private equity funds managed by Blackstone – together with Canada Pension Plan Investment Board and GIC – acquired a majority stake in Thomson Reuters’ Financial & Risk business, now known as Refinitiv. Refinitiv is one of the world’s largest providers of financial markets data and infrastructure, providing leading data and insights, trading platforms and open data and technology platforms that connect communities of trading, investment, financial and corporate professionals.

In 2014, private equity funds managed by Blackstone acquired Gates Corporation, a leading global manufacturer of highly engineered power transmission belts and fluid power products used in diverse industrial and automotive applications. Gates continues to push the boundaries of materials science and seeks to engineer products that continually exceed customer expectations. In 2018, Gates launched its initial public offering on the NYSE.

In November 2019, a consortium of long-term investors including KIRKBI, Blackstone and Canadian Pension Plan Investment Board acquired Merlin Entertainments. KIRKBI and Blackstone private equity funds jointly controlled Merlin in the 8 years prior to the 2013 public listing, during which time the Company became the second largest visitors attraction business globally. As the experience economy booms, we are thrilled to be partnering with Merlin, dedicating our resources and expertise to help this global leader continue to grow.

In 2011, private equity funds managed by Blackstone acquired Emdeon, now known as Change Healthcare, a leading independent healthcare technology company that provides data and analytics-driven solutions to improve clinical, financial and patient engagement outcomes. In March 2017, Change Healthcare merged with McKesson Technology Solutions to create a leading healthcare IT company, processing approximately $1 trillion in cumulative claims.

In 2017, private equity funds managed by Blackstone acquired Clarion Events, one of the world’s leading independent events organizers. Clarion operates over 200 events and exhibitions in more than 50 countries globally, providing connectivity and business-critical insight across communities of buyers and sellers. Over time, Clarion has grown into a truly international business with an established market-leading platform.

In 2012, private equity funds managed by Blackstone together made a $1.5 billion equity commitment to Cheniere Energy Partners, L.P. in order to fund the construction of the Sabine Pass Liquefaction terminal, the first liquefied natural gas (“LNG”) export facility in the continental United States. Today, Cheniere operates five fully-operational liquefaction units (“trains”) and has a sixth fully-permitted train in construction.