Lombard International is owned by Blackstone Group L.P. (Blackstone).
Blackstone is one of the world's leading investment firms. They seek to create positive economic impact and long-term value for their investors, the companies in which they invest and the communities in which they work. Their asset management businesses include investment vehicles focused on private equity, real estate, public debt and equity, non-investment grade credit, real assets and secondary funds, all on a global basis. Blackstone also provides various financial advisory services, including financial and strategic advisory, restructuring and reorganization advisory and fund placement services.
Funds sponsored by the Tactical Opportunities business of Blackstone acquired Lombard International Assurance S.A., and subsequently acquired Philadelphia Financial Life Assurance Company, and their affiliates. Blackstone’s Tactical Opportunities business employs an opportunistic, multi-asset class investment strategy focused on special situations investments. Tactical Opportunities seeks to invest globally in opportunities throughout the capital structure. The strategy leverages the deep synergies and experience that exist across Blackstone’s leading alternative asset and advisory platform to generate attractive opportunities.
Key facts about Blackstone:
- Established in 1985
- Over $333 billion in assets under management (June 30, 2015)
- Market Cap $50 billion (June 15, 2015)
- A+ rating (Fitch, S&P)
- 22 offices in 14 countries worldwide with more than 2,000 employees