Founded in 1985 by Pete Peterson and Stephen Schwarzman, both former Lehman Brothers executives, with $400,000 in seed capital. It began as a boutique M&A advisory firm before building one of the largest private equity and real estate businesses in the world. Today it is the world's largest alternative asset manager.
Mega-cap leveraged buyouts and take-privates across sectors, plus major real estate, private credit, infrastructure, and hedge fund solutions businesses.
diversified
Hilton Worldwide, Refinitiv, Bumble, Ancestry, Merlin Entertainments, BioMed Realty, Embassy Office Parks
Hilton IPO (~$14B profit, one of the most profitable PE deals ever), Refinitiv sale to LSEG, Celanese
The world's largest alternative asset manager, the first to cross $1 trillion in assets under management.
| Company | Rounds | Invested |
|---|---|---|
| Anthropic AI | 3 rounds | $108B |
| OpenAI AI | 1 round | $8.3B |
| Databricks AI | 1 round | $4B |
| Shield AI Robotics | 1 round | $1.5B |
| Cyera Cybersecurity | 1 round | $600M |
| OpenEvidence Healthtech | 1 round | $250M |
| Kite E-Commerce | 1 round, 1 led | $200M |
| Factory DevTools | 1 round | $150M |
| Homeward PropTech | 1 round | $136M |
| Hotel Engine Marketplace | 1 round | $65M |
| Stampli Fintech | 1 round, 1 led | $61M |
| Byju's EdTech | 1 round | $50M |