Blackstone Inc. (Blackstone, Inc.) is engaged in providing investment and fund management services. It operates through the following divisions: Private Equity, Real Estate, Hedge Fund Solutions, and Credit. Its Private Equity division consists of flagship private equity funds, Blackstone Capital Partners funds, industry-specific corporate private equity funds (including energy-focused funds), Blackstone Energy Partners funds, and Blackstone Core Equity Partners. The Real Estate division includes the management of core real estate funds and non-traded real estate investment trusts. The Hedge Fund Solutions division is comprised of Blackstone Alternative Asset Management, which manages hedge funds including closed-end mutual funds that focus on India and Asia. The Credit division includes the management of credit-oriented funds at GSO Capital Partners LP. The company was founded by Stephen Allen Schwarzman in 1985 and is headquartered in New York state, New York.