Management and Organization
Dr. Frank Mulligan
Feb 25, 2013
My target company upon graduation
My goal is to work for a multinational private equity company such as Blackstone and KKR’s Greater China offices. After my initial research, I have found out that the Blackstone group will be my best choice given its current situation in the Greater China area. The Blackstone Group – Corporate strategy and structure overview The Blackstone Group is one of the largest alternative asset investment firms in the world, with approximately $205 billion of assets under management (AUM). The firm is diversified in terms of its products and services. It has a large advisory business, where the Company has worked on some of the largest general advisory, mergers and acquisitions, restructuring and private placement transactions since its founding in 1985. Its investment activities comprise the rest of Company’s activities and include PE investing (which is the area I am interested in), real estate holdings and other investment activities (including hedge fund of funds, mezzanine funds, and senior debt lending, among other strategies).
Exhibit 1 – Blackstone’s Lines of Business
Blackstone’s private equity operations manage around $50 billion in assets, are invested into 80 portfolio companies, which in turn represent $113 billion in annual revenues. In short, Blackstone is one of the largest private equity investors in the globe, alongside its peer firms including Apollo Global Management, KKR, and The Carlyle Group. While the firm has historically concentrated its investing efforts on the U.S. and Western Europe, Blackstone (as well as other PE firms) is increasingly turning its attention to fast growing, and potentially lucrative emerging markets, like China. Since I have seen lots of opportunities in China in the PE sectors, I have decided to give a shot. Blackstone in China (and its new...