list of blackstone portfolio companies list of blackstone portfolio companies

Speaking on the firms third-quarter earnings call on Wednesday, chief financial officer Michael Chae said the private equity portfolio had fully retraced the 21.6 percent decline it experienced in the first quarter, with a Blackstone was originally formed as a mergers and acquisitions advisory boutique. blackstone inc: 38,236,401 +1,750,719: $4,853,728: bx: 38,236,401 +1,750,719: $4,853,728: waste mgmt inc del: 30,615,210 +673,451: $4,852,507: wm: 30,615,210 +673,451: $4,852,507: activision blizzard inc: 60,540,901-840,362: $4,849,935: atvi: 60,540,901-840,362: $4,849,935: aon plc: 14,259,360-131,227: $4,643,277: aon: 14,259,360-131,227: $4,643,277: ford mtr co del : DASH. In March 2020, Blackstone announced that it is buying a majority stake in HealthEdge, a health-care software company. Top Investor Types Accelerator , Venture Capital , Private Equity Firm. } [40], Blackstone's investments in the late 1990s included AMF Group (1996), Haynes International (1997), American Axle (1997), Premcor (1997), CommNet Cellular (1998), Graham Packaging (1998), Centennial Communications (1999), Bresnan Communications (1999), PAETEC Holding Corp. (1999). Blackstone is the world's largest alternative asset manager. Advertising Directory Solutions. The company has spent over $ 239.78B for the acquisitions. [172][173], The company has invested in companies with links to the commercialization and deforestation of the Amazon rainforest.[174][175][176][177]. Last Updated: July 20, 2022. 1) EQ Office EQ Office was founded in 1976. In March 2018, Blackstone Real Estate Income Trust, Inc. acquired a 22 million square foot portfolio of industrial properties from Cabot Properties for $1.8 billion. What's the most common final funding type when companies get acquired? BY . BMBL. Haynes and Republic Technologies International, both had problems and ultimately filed bankruptcy. Javascript is disabled or is not supported by your browser. height: 20px; Courtesy of Warburg Pincus. The investment giant has agreed to acquire Home Partners of America, owner of more than 17,000 homes across the U.S., for . The firm seeks to invest through means of buyouts, debt, mergers, acquisitions, mezzanine, and growth capital. if (table) { In February 2016, Blackstone sold four office buildings to, In April 2016, Blackstone acquired 84 percent of, On June 19, 2017, Blackstone acquired a majority interest in, In July 2017, the company announced an investment in, In January 2018, the company acquired Pure Industrial, a Canadian, In January 2018, the company announced acquisition agreement for 55% of. Allianz. Tripzec Properties was originally a Canadian Company. How much aggregate funding have these organizations raised over time? Motel 6 is based in the United States and Canada. We uncover and unlock value by identifying great companies with untapped potential and enhancing their performance. Blackstone's private equity business has been one of the largest investors in leveraged buyouts in the last three decades, while its real estate business has actively acquired commercial real estate. Refinitiv, Bumble, and SERVPRO are Blackstones portfolio companies. tested every investment manager, the virtuous circle driving Blackstone's success - strong performance leading to investor trust and further growth - has continued to set our firm apart. Blackstone presented Intelenet seven investee companies as clients on a platter, which today account for a quarter of the outsourcer's annual sales. Find out the direct holders, institutional holders and mutual fund holders for Blackstone Inc. (BX). Blackstone's investment in Allied was one of its largest at that point in the firm's history. ft of Bengaluru-based RMZ Corp's 128 million sq. In February 2011, the company acquired Centro Properties Group US from, In November 2011, a fund managed by the company acquired medical biller, In late 2011, Blackstone Group LP acquired, In August 2012, Blackstone was part of a consortium that financed, In October 2012, the company acquired G6 Hospitality, operator of. Blackstone is once again going all-in on the single family rental market. Trading and portfolio management software for capital markets industry. AUM: $7.318 trillion. Since September 2018 he has been Managing Director and Vice Chairman of the global investment-management firm PIMCO.. Blackstone Group on November 15, 2019, invested $167 million in the holding company of Future Lifestyle Fashions Ltd., Ryka Commercial Ventures Pvt. - October 27, 1997", The Loewen Group and Blackstone Capital Partners form corporate venture to acquire Prime Succession, Loewen And Blackstone To Make Joint Purchase, Loewen Buys Big Cemetery, And Its Suitor Criticizes Deal, Red-Hot Revival in Real Estate; Overheating Is Feared With Surge in Vulture Investing, "Blackstone Group Creates Buyout Fund for $4 Billion", A.I.G. For a full list of all Bain Capital Private Equity investments, click here. [4]:176,197,206207[48] Blackstone also purchased a majority interest in Columbia House, a music-buying club, in mid-2002. Blackstone made a number of notable investments in the early and mid-1990s, including Great Lakes Dredge and Dock Company (1991), Six Flags (1991), US Radio (1994), Centerplate (1995), MEGA Brands (1996). In September 2019, Blackstone announced it agreed to purchase 65% controlling interest in, On November 8, 2019, Blackstone Group acquired a majority stake in MagicLab, the owner of dating app. [56] La Quinta Inns & Suites was spun out for IPO in 2014 and was later acquired by Wyndham Hotels & Resorts[57]. BlackRock is an investment company that offers its services to institutions, intermediaries, foundations, and individual investors. [10], Blackstone was originally formed as a mergers and acquisitions advisory boutique. They also planned to use a Blackstone fund to invest in financial institutions and help build an asset management business specializing in fixed income investments. Experienced Solution Provider for Partners. The Vanguard Group. Blackstone brought in five professionals, led by Howard Gellis from Nomura Holding America's Leveraged Capital Group to manage the business. The GSO team had previously managed the leveraged finance businesses at Donaldson, Lufkin & Jenrette and later Credit Suisse First Boston, after they acquired DLJ. [42], In October 2000, Blackstone acquired the mortgage for 7 World Trade Center from the Teachers Insurance and Annuity Association. Suggest edits Type B2c Founded 1985 Follow us Also headquartered in New York Verizon IBM HBO Bloomberg Goldman Sachs JPMorgan Kickstarter Wired Morgan Stanley The New York Times Companies in the same industry Artesian Venture Partners Start-Up Chile Social Leverage Zima 2021 ; WIOSNA 2021 pod Babi Gr ; Wielkanoc 2021 ; Sielska Majwka w Orawskim Dworze ; Wakacje 2021 w Orawskim Dworze Air Medical. what companies does blackstone own . Between 1995 and 2014, PNC reported $12 billion in pretax revenues and capital gains from BlackRock, Schwarzman later described the selling of BlackRock as his worst business decision ever. Blackstone Funds Blackstone is a company that sells mutual funds with $5,138M in assets Blackstone is a company that sells mutual funds with $5,138M in assets under management. 6,428,927. means any Person (other than Seller, the Company and their respective Subsidiaries) in which any Blackstone Fund or Blackstone Account makes an investment from time to time (other than another Blackstone Fund or Blackstone Account) or which is an underlying or reference asset of any derivative security or other financial In June 2021, Blackstone agreed to buy Home Partners of America, a company that rents single-family houses, and its 17,000 houses, for $6 billion. Blackstone has invested in multiple sectors such as . Motel 6 also operated Studio 6. [36] Also in 1997, Blackstone made its first investment in Allied Waste. Blackstone Infrastructure Advisors L.L.C. The company was valued at US$1.2 billion. What's the most common types of sub-organization? [4]:148155, Blackstone Real Estate Advisers, its real estate affiliate, bought the Watergate complex in Washington D.C. in July 1998 for $39 million[41] and sold it to Monument Reality in August 2004. Last month, Blackstone announced a $15 million contribution to COVID-19 relief efforts in New York, supporting first responders and assistance for frontline healthcare workers. As of Q3 2022, the company's total assets under management were approximately US$951 billion, making it the largest alternative investment firm globally.[3]. In May 2014, Blackstone Group acquired the, In August 2014, Blackstone Energy Partners acquired, In January 2015, Blackstone Real Estate Partners VI announced it would sell a. In contrast, the companys retail portfolio, valued at $341 billion, made up approximately 5 percent of its equity value, down from 19 percent in 2015. [43], In July 2002, Blackstone completed fundraising for a $6.45 billion private equity fund, Blackstone Capital Partners IV, the largest private equity fund at that time. Blackstone works hand in hand with portfolio companies, empowering them with tools and insights from across the portfolio to help strengthen their businesses. JPMorgan Chase. trs[i].className = 'showrow'; This list of organizations invested in by Blackstone Group provides data on their funding history, investment activities, and acquisition trends. [166], In 2018, a critique was raised regarding a purchase agreement on several hundred apartments in Frederiksberg, Denmark, between Blackstone's Danish partner North 360 and Frederiksberg Boligfond, a non-profit housing organization established by Frederiksberg Municipality in 1930. Carlyle's Global Private Equity business is one of the world's largest and most diversified private equity platforms, spanning industries, geographies and strategies to deliver transformational results for our partnersmanagement teams, portfolio companies, and fund investors. Blackstone Inc has defaulted on a 531 million euro ($562.5 million) bond backed by a portfolio of offices and stores owned by Finnish company Sponda Oy, as rising interest rates hit European . Blackstone Secured Lending Fund. To view a list of current job openings at our portfolio companies, click here. Blackstone Group 's most notable exits include NCR , TaskUs , and Blue Yonder. In 2018, the remainder of the company was sold to Byron Allen for $300 million. The purchase and subsequent IPO of Southern Cross led to controversy ICO Companies Office: 3401 N. Center St. Suite 300 Lehi, UT 84043. 2023 PitchBook. Founded in 1985, The Blackstone Group is a private equity firm based in New York, New York. Blackstone's investments in telecommunications businessesfour cable TV systems in rural areas (TW Fanch 1 and 2, Bresnan Communications and Intermedia Partners IV) and a cell phone operator in the Rocky Mountain states (CommNet Cellular) were among the most successful of the era, generating $1.5 billion of profits for Blackstone's funds. This data is downloadable for data subscribers. [45], With a significant amount of capital in its new fund, Blackstone was one of a handful of private equity investors capable of completing large transactions in the adverse conditions of the early 2000s recession. ", "Blackstone snaps up Ancestry.com in $4.7bn deal", "Blackstone buys Takeda's over-the-counter business for $2.3bn", "Blackstone will invest close to $400 million in mobile app marketer Liftoff", "Butlin's owner Bourne Leisure slumps to loss as pandemic takes toll", "Blackstone Bids to Buy Australia's Crown Resorts", "Blackstone rolls the dice with $6.2 billion move on Australia's Crown Resorts", "Hasbro to Sell EOne Music Unit to Blackstone for $385 Million - BNN Bloomberg", "MGM Resorts International Announces Agreements To Purchase Infinity World's 50% Interest In CityCenter And Monetize CityCenter Real Estate Assets", "AIG to sell life and retirement unit stake to Blackstone, another with IPO", "Liftoff and Vungle Merge: 2 Top-Ten Mobile Ad Networks Owned By Private Equity Fund Blackstone Combine Forces", "Blackstone buys majority stake in SPANX, Inc", "Blackstone to Acquire Nucleus Network, Australia's Largest Phase One Clinical Trials Specialist", "Australia's Crown Resorts backs US$6.3 billion Blackstone buyout offer", "Crown Resorts Finalizes $6.6B Blackstone Group Acquisition", "Blackstone to buy American Campus Communities for nearly $13 billion", "Blackstone Is Buying PS Business Parks for $7.6 Billion", "Blackstone, Emerson Electric Strike $14 Billion Buyout Deal", "Emerson selling climate technologies in $14B deal", "Blackstone buys security firm Vivint for over $2 billion", Blackstone Real Estate Investment Portfolio, "Blackstone to Buy Stakes in Apartment Complexes From GE Unit", "Blackstone to Sell California Office Buildings for $3.5 Billion", "Blackstone traekker sig fra omstridt ejendomhandel (Blackstone withdraws from disputed real estate trade)", "Blackstone's BREIT slump looks nasty but not fatal", "Blackstone Just Limited Withdrawals From REIT", "Blackstone to acquire GSO Capital, buy back shares", "Blackstone to Buy Hedge Fund to Strengthen Credit Operations", "Motel 6 to pay $7.6 million for giving guest lists to U.S. immigration", "Motel 6 pays $12 million for sharing guest lists with U.S. immigration: Washington AG", "A Top Financier of Trump and McConnell Is a Driving Force Behind Amazon Deforestation", "Warren says Blackstone worsening climate change in new private equity salvo", "The Finance 202: Elizabeth Warren is escalating attacks on private equity. In August 2020, Blackstone acquired Takeda Consumer Healthcare for $2.3 billion. Blackstone has met the qualifications for inclusion in our WhaleScore system. In August 2021, the merger of two Blackstone portfolio companies, Vungle and Liftoff, was announced. [14], As of 2019[update], Blackstone was the world's largest private equity firm by capital commitments as ranked by Private Equity International. What's the investment trend over time for this hub? The fascinating story of how Blackstone gets its portfolio companies to work together begins from here. Brown: independent director, This page was last edited on 28 February 2023, at 21:29. Blackstone / GSO Debt Funds Management Europe II Limited, Milan Branch (Italy) Blackstone Energy Family Investment Partnership (Cayman) ESC L.P. Blackstone Energy Family Investment Partnership (Cayman) II - ESC L.P. 100.00% of all the mutual funds are no load funds. Bain and Blackstone narrowly beat out, Travelport, the parent of the travel website Orbitz.com, was acquired from, In October 2006 Blackstone, together with. AQNU. Our portfolio companies reflect our deep sector focus and specialization. Would you like to be notified? var tableid = 'hldtable'; "[178] The report alleged that Blackstone had abused tenants with exorbitant fees, rent hikes, and aggressive eviction practices, and that Blackstone's real estate practices had a disproportionate impact on communities of color, in part because the company targeted foreclosures resulting from subprime loans. [31][32][33], In 1995, Blackstone sold its stake in BlackRock to PNC Financial Services for $250 million. Since 1976, we have made the following private equity investments: 2022 123Dentist Accell Group Advanced Navigation Advanta Seeds Albioma Alchemer Alliance Pharma Apex Analytix Barracuda Networks Biosynth Boasso Global Brightline, Inc. Central Tank Terminal Contabo Contour Global Cordia Energy (fka Clearway Community Energy) CyrusOne, LLC .showrow { At the end of 2002, Blackstone, together with Thomas H. Lee Partners and Bain Capital, acquired Houghton Mifflin Company for $1.28 billion. [25], In 1991, Blackstone created its Europe unit[26][27] and launched its real estate investment business with the acquisition of a series of hotel businesses under the leadership of Henry Silverman. According to Blackstone, as of September 30, 2008, Kailix Advisors had $1.9 billion of assets under management. On July 15, 2019, Blackstone announced its plans to acquire Vungle Inc., a leading mobile performance marketing platform. Combined Holding Report Includes: Find out the direct holders, institutional holders and mutual fund holders for Blackstone Inc. (BX). All rights reserved. Blackstone Real Estate Advisors L.P. Acadia Healthcare. Harvest Fund Advisors LLC Blackstone Tactical Opportunities Advisors L.L.C. Separately, in the largest real estate transaction in India, Brookfield bought 12.8 million sq. Blackstone claims $648 billion under management and employs over 2,400 staff. Entrepreneurship Program, Government Office. In 2009, Blackstone purchased Busch Entertainment (comprising the Sea World Parks, Busch Garden Parks and the two water parks). The recently unveiled national budget boosted capital spending by more than expected, adding to the excitement. .littlerow { background-color: #FFFFFF; padding-top: 2px; padding-bottom: 2px; padding-left:0; padding-right:3px; border-top: 1px solid #EEEEEE; font-family: Arial; font-size: 10px; } [85], Blackstone operates through four primary departments: private equity; real estate; hedge funds; and credit. [11][12], From the outset in 1985, Schwarzman and Peterson planned to enter the private equity business but had difficulty in raising their first fund because neither had ever led a leveraged buyout. Back to BX Overview. Blackstone portfolio company La Quinta Inns & Suites ranks #12 among large companies in The Dallas Morning News 2014 list of Top Places to Work. } else { The firm seeks to invest through means of buyouts, debt, mergers, acquisitions, mezzanine, and growth capital. Among the investments included in this segment are funds of hedge funds, mezzanine funds, senior debt vehicles, proprietary hedge funds and closed-end mutual funds. Blackstone's long-term investment approach meant that it likewise recognized the importance of developing a program that portfolio companies could use to drive employee retention and advancement . 6,428,927. Since going public in 2007, Blackstone has multiplied eightfold the equity capital it devotes to real estate, to $163 billion. The core focus of the team is to prepare, evaluate, analyze, and summarize portfolio performance on a fund and investment basis - activities which are critical to supporting the . Those seven customers also helped Intelenet grow revenues from $80 million to $300 million . Including: Biggest new positions Biggest exits Biggest increased positions Biggest decreased positions. Blackstones private equity portfolio had its second quarter of double-digit growth as technology and life sciences investments buoyed the portfolio.. Epicor Software, a company that was backed by the KKR investment group, completed a $1.9 billion deal, and Radiate Holdco, a TPG Capital-owned company, did a $2.6 billion deal, according to S&P. Address: Alnoumani generators, power station, blackstone, machines. 1985, New York City (United States) Private fund focused on debt, hedge, and equity investments in real estate and multiple sectors. [51][52], In 2006, Blackstone launched its long/short equity hedge fund business, Kailix Advisors. The firm prefers to invest in private equity, real estate, public debt, equity, non-investment grade credit, real assets, and secondary funds. [16] The growth firm also recruited politician and investment banker David Stockman from Salomon Brothers in 1988. The report also condemned Blackstone for "using its significant resources and political leverage to undermine domestic laws and policies that would in fact improve access to adequate housing." [14][15], As the business grew, Japanese bank Nikko Securities acquired a 20% interest in Blackstone for a $100 million investment in 1988 (valuing the firm at $500 million). During the financial crisis of 20072008, Blackstone managed to close only a few transactions. Blackstone Group, the worlds largest private equity firm, probably wont direct companies it owns to seek money under U.S. government programs set Carbon Accounting Support for Blackstone Portfolio Companies. 1986: Company developed Residence Inn in Boulder, co. 1986: Company developed Residence Inn in Saint Louis. what if germany didn't invade russia. 2) Hilton Worldwide Hilton Worldwide was previously known as Hilton Hotels Corporation from 1919 to 2009. In November 2012, the company acquired a controlling interest in Vivint, In April 2013, the company discussed buying, In June 2013, Blackstone Real Estate Partners VII acquired an industrial portfolio from, In September 2013, Blackstone announced a strategic investment in ThoughtFocus Technologies LLC, an, In August 2013, Blackstone acquired Strategic Partners, manager of, In February 2014, Blackstone purchased a 20% stake in the Italian luxury brand. What's the most common final funding type when companies get acquired? Blackstone Inc. Institutional investors purchased a net $3.6 million shares of BX during the quarter ended June 2019. Blackstone's Portfolio Operations team partners with companies to create purposeful, valuable, growth-oriented businesses. In July 2015, Blackstone acquired Excel Trust, a real estate investment trust, for around $2 billion. In October 2021, the Blackstone Group acquired a majority stake of Spanx, Inc. Which companies in this hub have the most subsidiaries? investors of these companies, their management team, and recent news are also included. [14], Blackstone has primarily relied on private equity funds, pools of committed capital from pension funds, insurance companies, endowments, fund of funds, high-net-worth individuals, sovereign wealth funds, and other institutional investors. In March 2018, Blackstone's Strategic Capital Holdings Fund invested in, In March 2018, the company's Strategic Capital Holdings Fund announced an investment in, In September 2018, the company acquires control of. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. [162][163], After the 20072010 subprime mortgage crisis in the United States, Blackstone Group LP bought more than $5.5 billion worth of single-family homes to rent, and then be sold when the prices rise. 111 Capital. Harvest Fund Advisors LLC Blackstone Tactical Opportunities Advisors L.L.C. document.getElementById(imgid).src='https://www.holdingschannel.com/closed.gif'; EQ Office was founded in 1976. The current portfolio value is calculated to be $39.65 Bil. New York City-based Warburg Pincus was founded in 1966. Bauer is building a unique brand strategy and transformation practice for Blackstone's 250 portfolio companies, whose brands include Oatly, Spanx, Bumble and Supergoop. Their most recent diversity investment was on Nov 9, 2021, when Renaissance Learning raised Blackstone Group has had 62 exits. At the time of its announcement, the EQ Office buyout became the largest in history, surpassing the buyout of, A consortium led by Blackstone and including the, Blackstone, together with Bain Capital, acquired Michaels, the largest arts and crafts retailer in North America in a $6.0 billion leveraged buyout in October 2006. It has almost 80 different offices and it was founded bySam Zell. var to = plus; Blackstone followed these investments with the acquisition of La Quinta Inns & Suites in 2005. Blackstone leverages that capital by taking out mortgages, so the . Blackstone Credit provided $1.9 billion (2) of a $2.85 billion first lien facility (consisting of a $2.65 billion first lien term loan and $200 million revolver) to support the acquisition of The Dovel Group by Guidehouse , a Veritas portfolio company, and pay a shareholder dividend In the last 3 years, The Blackstone Group has exited 26 companies. EQ Office was founded in 1976. At Lehman, Schwarzman served as head of Lehman Brothers' global mergers and acquisitions business. var trs = table.getElementsByTagName('tr'); In 2015, the digital assets were sold to IBM for $2 billion. On February 14, 2022 Crown Resorts accepted Blackstone's takeover offer. BREIT Portfolio | Blackstone Real Estate Income Trust Important Notice This site and the materials herein are directed only to certain types of investors and to persons in jurisdictions where Blackstone Real Estate Income Trust ("BREIT") is authorized for distribution. Added to shares of these 10 stocks: FR (+$241M), Paysafe (+$152M), MMP (+$123M), KNTK (+$48M), PTCT (+$42M), XBI (+$29M), DLO (+$28M), STNE (+$19M), Mobileye Global (+$16M), CMPX (+$16M). What's the investment trend over time for this hub? Rocky Mountain states (CommNet Cellular) were among the most successful of the era, generating $1.5 billion of profits for Blackstone's funds. Hilton Worldwide was previously known as Hilton Hotels Corporation from 1919 to 2009. [158] From 1987 to its IPO in 2007, Blackstone invested approximately $20 billion in 109 private equity transactions.[14]. Materials from previous years are available below in PDF format. Blackstone Credit served as lead lender and provided $1.24 billion of a $1.36 billion first lien senior secured financing package (consisting of a $1.165 billion first lien term loan, $75 million delayed draw term loan and a $120 million revolver) to support the recapitalization of Unified, a portfolio company of Altas and Ares. [180], United Nations condemnation of the Invitation Homes project and lobbying efforts, Sorkin, Andrew Ross and Flynn, Laurie J. During the buyout boom of 2006 and 2007, Blackstone completed some of the largest leveraged buyouts. font-family: Arial; [47] In late 2002, Blackstone remained active acquiring TRW Automotive in a $4.7 billion buyout, the largest private equity deal announced that year (the deal was completed in early 2003). What's the most common types of sub-organization? Please. Marine Spares Engine Mak Wartsila,DEUTZ PIELSTICK NOHAB MAN,ABC BERGEN Crossely FIAT,RUSTON SULZER BLACKSTONE etc,WARTSILA 6L20Crankshaft WARTSILA 9R32 Crankshaft ,WARTSILA 8R32 8M20 Crankshaft.,PURIFIER HYDRAULIC PUMP & MOTORs,Turbochargers ETc.,, . AUM: $3.054 trillion. Listed at $31 per share (on the NYSE), Blackstone became the first private equity firm to list shares in its management company on an exchange. Blackstone's Portfolio Operations Group is a team of dedicated executives and advisors with decades of combined operational experience and expertise, which together form a world-class operating platform that partners with Blackstone's investment and portfolio company management teams to advise and support the firm's portfolio companies across a wide range of operational initiatives . Changed name from The Blackstone Group, Aug. 6, 2021. UBS Group. Spheras Carbon Accounting and Reporting solution helps you easily calculate your companys carbon footprint. for(var i = 0; i < trs.length; i++) { Get the full list, Youre viewing 5 of 1,084 team members. Blackstone Alternative Asset Management L.P. Blackstone is also active in credit, infrastructure, hedge funds, insurance, secondaries, and growth equity. Blackstone is an investment and advisory firm providing financial solutions for investors and clients. [168] The move caused investor consternation and limited the ability to attract new capital for BRIET. Blackstone disputed these claims. 11 List of top Blackstone Group Portfolio Companies - Crunchbase Hub Author: crunchbase.com Published: 11/11/2021 Review: 2.84 (155 vote) Summary: This list of organizations invested in by Blackstone Group provides data on their funding history, investment activities, and acquisition trends } list of blackstone portfolio companies. $726,340. [30], Blackstone made a number of notable investments in the early and mid-1990s, including Great Lakes Dredge and Dock Company (1991), Six Flags (1991), US Radio (1994), Centerplate (1995), MEGA Brands (1996).