Video: Blackstone Sees Potential for Growth in Hilton Hotels
On CNN.com, Katie Benner interviewed Blackstone’s co-head of real estate investment, Jonathan Gray, about the private equity firm’s purchase of Hilton Hotels in 2007. Blackstone recognized Hilton’s great brand recognition but also saw room for the hotel chain to expand. With a new management team in place, Hilton was able to expand into new global markets.
Gray also spoke about how Blackstone helps to grow and create value for undervalued or under performing companies and properties by providing fresh capital and thinking. You can watch the full video below:
To read more about how private equity helps strengthen companies, visit our Who Benefits page.
