Investor · 3 deals
New York
Every published round Blackstone took part in, and every parcel of existing shares it bought off another holder. Deals we hold but haven't published yet are not counted.
| Company | Stage | Announced | Amount | Role | Alongside | Sources |
|---|---|---|---|---|---|---|
| Firmus Technologies | Unnamed stage | 7 Aug 2026 | $2.8b | Participant | Mirage News, Startup Daily (Tue 13 Oct 2026), Cut Through Venture, Forbes Australia (Mon 12 Oct 2026), ABC News Technology, Startup Daily (Fri 9 Oct 2026), SMH Business, Startup Daily (Tue 6 Oct 2026), DealStreetAsia, Forbes Australia (Tue 8 Sep 2026), iTnews, Startup Daily (Wed 26 Aug 2026), SmartCompany (Tue 25 Aug 2026), AFR Technology (Mon 17 Aug 2026), This Week in Australian Startups, AFR Technology (Fri 7 Aug 2026), Techmeme, Business News Australia, SmartCompany (Fri 7 Aug 2026), SmartCompany (Fri 7 Aug 2026), Startup Daily (Fri 7 Aug 2026) | |
| Advanced Digital Gaming Technology | Unnamed stage | Mar 2026 | US$250m ($351m) | Lead | finance.yahoo.com | |
| Firmus Technologies | Venture debt | Feb 2026 | US$10b ($14.3b) | Lead | SMH Business, Startup Daily, Dealroom |
Companies Blackstone has backed in a published round, and companies whose existing shares it bought off another holder.
| Company | What it does | First invested | Rounds | Led |
|---|---|---|---|---|
| Advanced Digital Gaming Technology | Mar 2026 | 1 | 1 | |
| Firmus Technologies | GPU-powered AI cloud and scalable compute infrastructure | Feb 2026, Venture debt | 2 | 1 |
Fund closes reported for Blackstone, as distinct from the investments it has made.
Companies Blackstone has backed that another company then bought. An exit for the holding, not a deal Blackstone did.
| Company | Bought by | Kind | Announced | Price |
|---|---|---|---|---|
| No portfolio company of Blackstone is recorded as having been acquired. | ||||
Companies Blackstone acquired or merged with, per published coverage. Buying a company is not investing in one: nothing here counts in the deals column.
| Company | Kind | Announced | Price | Sources |
|---|---|---|---|---|
| HSBC Bank Australia | Acquisition | 31 Jul 2026 | - | AFR Technology, Business News Australia |
| AirTrunk | Acquisition | 23 Dec 2024 | $24b | Forbes Australia (Mon 23 Dec 2024), SmartCompany (Tue 10 Dec 2024), ARN (ARNnet), SmartCompany (Wed 4 Sep 2024), Forbes Australia (Wed 4 Sep 2024) |
| Name | Role | Sources |
|---|---|---|
| Sean Klimczak | Global Head of Blackstone Infrastructure | ARN (ARNnet), Forbes Australia |
| Nadeem Meghji | Global Co-head of Blackstone Real Estate | ARN (ARNnet), Forbes Australia |
| Kelly Vohs | Alum (former) | Forbes Australia (Tue 11 Aug 2026), Forbes Australia (Tue 11 Aug 2026) |
| Jon Gray | President and Chief Operating Officer | finance.yahoo.com, Forbes Australia (Mon 23 Dec 2024), Forbes Australia (Wed 4 Sep 2024) |
Stories naming Blackstone. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Firmus withdrew its ASX listing after weak investor demand. The explainer covers the data centre developer's history, its Nvidia and Blackstone backing, prior raises, and why the float collapsed.
Also Rampersand·Dealroom·Cut Through Venture·Startup Daily·SmartCompany·SmartCompany·Forbes Australia·Business News Australia·Forbes Australia·Mirage News
Firmus, the Nvidia-backed data centre developer, pulled its planned ASX listing after weak investor demand and will instead seek private capital. Explaining its background, backers, valuation history and why the float failed.
Also Rampersand·Dealroom·Cut Through Venture·Startup Daily·SmartCompany·SmartCompany·Forbes Australia·Business News Australia·Forbes Australia·Mirage News
Weekly digest: Firmus withdraws its planned listing, Square Peg reaches a billion-dollar close on two vehicles, MUFG clears regulators to buy Grow Inc, and Lubdub, RocketDNA, Energy Bay and Metal all raise.
Australian Nvidia-backed data centre operator Firmus abandoned its planned US$5 billion IPO citing market conditions, and will instead pursue private capital; investors were reportedly sceptical of its valuation and debt.
Analysis tracing Oliver Curtis from an insider trading prison term to his central role in Firmus's planned $7.2 billion Australian sharemarket listing, with Blackstone and Nvidia among its existing backers.
Xpansiv has wrapped a growth equity round with Blackstone, Macquarie, CBA, Goldman Sachs, Aware Super and Aramco Ventures among its backers, as the IPO hopeful looks to fund expansion in Australia and globally.
NextDC, an Australian operator of data centres, announced a A$1.1 billion convertible note offer, following April equity and May debt raises, to bankroll local expansion.
Bain Capital, advised by Lazard banker Campbell Ray, is readying a bid for clinical trials provider Nucleus Network, which current owner Blackstone has listed for sale at a hoped $1 billion.
Street Talk roundup: Tasman Capital's new fund reaches first close, EQT buys control of an NRL club, KKR eyes a Drifter exit, PAG dealmakers jump to Jardine Matheson, Colter Bay lands a debut loan.
SafetyCulture, an Australian unicorn selling workplace-safety software, has rebranded as Mitti. Luke Anear, who founded it, is chief executive again, and insurance plus AI now anchor its growth plans.
Forbes Australia reports the workplace-safety unicorn's new name and its expanding insurance arm, with founder Luke Anear back as chief executive.
Global consultancy Sia has acquired Seven Consulting, an Australian business transformation firm, roughly quadrupling Sia's local headcount and adding major banking, government and retail clients.
Weekly roundup: Firmus completes its $2.85b round; Procore acquires DroneDeploy; Atlassian rebounds while Canva cuts guidance; plus fresh raises for Zabidou, BioScout, Vexev, Enrola, Spacetalk and others.
French consulting group Sia has bought Australian business transformation firm Seven Consulting, adding roughly 130 consultants and East Coast offices. The deal follows Sia's earlier acquisitions and Blackstone's minority investment earmarked for expansion.
Also consultancy.com.au
Consulting group Sia has bought Seven Consulting, an Australian transformation consultancy, adding Sydney and Melbourne offices, a Perth presence and major clients across banking, government and retail.
Also Dealroom·Dealroom·sevenconsulting.com·briefglance.com·melbourne-insider.au·cfotech.com.au·consultancy.com.au
HSBC is selling its Australian home and personal loan book to Blackstone and shutting local retail banking, with Pepper Money appointed servicer; no purchase price disclosed.
Also AFR Technology
Analysis of Sierra's $950 million raise at a $15 billion valuation with Tiger Global and GV at the lead, weighing its revenue multiple, Fortune 50 customer lock-in, and competition from OpenAI and Anthropic's ventures.
Analysis of OpenAI's record Series F close, its investor lineup, revenue climb, valuation scepticism, earlier rounds, employee share sales, and its path toward a possible public listing.
Firmus, an Australian builder of AI data centres, has banked $505 million from Coatue and Nvidia at a $5.5 billion valuation, with a $10 billion debt facility already secured and a sharemarket float planned.
Blackstone has put $250 million into Abu Dhabi-based payments platform Advanced Digital Gaming Technology, the first private-equity inbound Gulf deal since the Iran conflict began, Reuters reports.
Morgan Stanley's property arm has held an initial close on its latest North Haven real estate fund, gathering $2.9 billion toward a $4 billion goal for US and European deals.
The article recalls a 2021 fund haul that set an Asian record and frames the firm's current capital-raising push as a gauge of whether Asia's private equity market is reviving.
Business Times reports Hillhouse has begun seeking US$7 billion for its sixth private equity fund as Asia-Pacific dealmaking and fundraising pick up, with KKR and Blackstone also raising and past Hillhouse buyouts recapped.
Travel giant Oyo's purchase of local rental manager MadeComfy tops $50 million; founders remain as co-CEOs, and the piece recalls earlier raises and rival sector deals.
Also Startup Daily·bwdisrupt.com·vrinsider.com·community.verified.realestate
Blackstone has closed a record $8 billion fund lending against commercial property, buying and originating loans as banks pull back; its BREIT vehicle also resumed honoring investor redemptions.
Data centre company AirTrunk's multi-billion-dollar sale to Blackstone and a Canadian pension board is celebrated by founders of South Asian heritage, who see Robin Khuda's journey as inspiration for Australia's startup ecosystem.
Also Forbes Australia·ARN (ARNnet)·SmartCompany·Forbes Australia
Blackstone, joined by Canada's pension fund, has acquired data centre operator AirTrunk in its largest Asia-Pacific investment, valuing the company at $24 billion; the piece also recalls Macquarie's earlier backing.
A year-end countdown of 2023's twenty largest agtech funding rounds, from biofuels and carbon marketplaces to farm robotics, with EcoCeres' $400 million raise at the top.
Also AgFunderNews
OIF Ventures' year in review: full Eftsure exit, Opportunity Fund close, Visory, DataMasque and Nullify backed, follow-ons at Inspace and Dataweavers, new team members and portfolio milestones.
OIF's blog republishes an AFR report: Inspace has banked a $6 million round backed by B Capital and OIF, plans AI features and US growth, while proptech peers :Different and Yabonza have failed.
Also Startup Daily·SmartCompany·Startup Daily·SmartCompany·SmartCompany
Joe Hockey's advisory firm Bondi Partners hires AGL corporate affairs executive Michelle Wood to head its Sydney operation; the column also names clients Bubs, Digicel and Blackstone and a recent London opening.
Techboard's anniversary roundup catalogues a month of Australian startup funding: megadeals, three acquisitions, large debt deals, grants, accelerator intakes, and fund news including Archangel Ventures' committed capital.
Also Startup Daily·SmartCompany·SmartCompany·SmartCompany·Forbes Australia·Business News Australia
Swiss digital asset bank SEBA completed a CHF 110 million Series C in January 2022, co-led by Altive, Ordway Selections and Summer Capital, with DeFi Technologies, Alameda Research and existing investor Julius Baer participating.
Virtual inspection platform Inspace has secured A$4 million in fresh capital, with Our Innovation Fund leading the round alongside Leigh Jasper, Investible and Artesian. OIF partner Geoff Levy joins the board.
Also OIF Ventures portfolio·OIF Ventures portfolio·OIF Ventures portfolio·Startup Daily
Bumble's IPO valued the US dating app at US$13 billion, making co-founder Whitney Wolfe Herd a billionaire; the piece also recounts Bumble's history and its 2019 majority-stake sale to Blackstone.
Also SmartCompany
Bumble's multibillion-dollar IPO makes co-founder Whitney Wolfe Herd a billionaire. The piece recaps the company's origins, its 2019 Blackstone majority-stake deal, and Match Group's announced acquisition of Hyperconnect.
Blackstone has finished gathering $8bn for its latest commercial property debt vehicle, BREDS V, which will buy loans and originate new ones spanning North America, Europe and Australia as banks retreat from property lending.
A year after its previous flagship vehicle hit an $11bn ceiling, Apax Partners is chasing a bigger fund, while US pension minutes reveal new commitments and the firm moves to take control of Alcumus.