Blackstone Group is a leading global investment firm specializing in private equity, real estate, credit, and hedge fund investment strategies. Founded in 1985 by Stephen A. Schwarzman and Peter G. Peterson, Blackstone has grown to become one of the largest alternative investment firms in the world, managing over $600 billion in assets. The company generates revenue through management fees, performance fees, and investment income. Notable for its strategic acquisitions and high-profile investments, Blackstone's history of successful deals and robust financial performance makes it a prominent player in the financial industry.