Talk:The Blackstone Group/Archives/2019

Blackstone AUM

Extended content

As of September 30, 2018, Blackstone had $457 billion under management. in the intro section • Information to be added or removed: Change the Assets Under Management to $472B • Explanation of issue: This has been announced and updated reflecting financials as of 12/31 • References supporting change: in the callout box section • Information to be added or removed: the subsidiaries should both be removed • Explanation of issue: These are just 2 of the hundreds of companies Blackstone has invested in. Not subsidiaries of the firm. Blackstone has exited its Hilton investment anyway. • References supporting change: in the callout box section • Information to be added or removed: revenue, operating income, net income, AUM, total assets should all be updated. • Explanation of issue: These are updated by the company quarterly and reported by the SEC. They are inaccurate unless they are kept updated. Would suggest either deleting these or updating per the below. • References supporting change: in the Business segments section • Information to be added or removed: Private equity AUM should be updated to 130.7, Real estate AUM 136.2 • Explanation of issue: The existing number is outdated. These new numbers are from reported financials to the SEC as of 12/31. Slide 8 of the attached. • References supporting change: in the corporate private equity section • Information to be added or removed: Blackstone was the largest private equity firm based on a report by Private Equity International looking at capital raised in the last 5 years. • Explanation of issue: The existing reference is 8 years old. This is updated. Wikipedia's page "List of private equity firms" references this report. • References supporting change: in the corporate private equity section • Information to be added or removed: Blackstone reports having over 250 private equity employees across the world. • Explanation of issue: The existing reference is multiple years old. • References supporting change: in the corporate private equity section • Information to be added or removed: Suggest removing the table listing private equity funds. • Explanation of issue: The data included in the chart is 9 years old and thus incomplete and inaccurate in describing the business in the real estate section • Information to be added or removed: Blackstone reports having over over 500 real estate employees across the world. • Explanation of issue: The existing reference is multiple years old. • References supporting change: in the real estate section • Information to be added or removed: Suggest removing the table listing real estate funds. • Explanation of issue: The data included in the chart is 9 years old and thus incomplete and inaccurate in describing the business in the Business segments section • Information to be added or removed: BAAM AUM should be updated to 77.8 as of December 31, 2018 • Explanation of issue: The existing number is outdated. These new numbers are from reported financials to the SEC as of 12/31. Slide 8 of the attached. • References supporting change: Financial advisory services • Information to be added or removed: this section should be deleted • Explanation of issue: Blackstone spun off its financial advisory business in 2014 • References supporting change: References

ThomasClements Blackstone (talk) 17:50, 5 February 2019 (UTC)

Reply 5-FEB-2019

  Unable to review edit request  
Your edit request could not be reviewed because the request is not formatted correctly.

1. The citation style predominantly used by the Blackstone Group article appears to be Citation Style 1. The citation style used in the edit request consists of bare URL's. Any requested edit of yours which may be implemented will need to resemble the current style already in use in the article – in this case, CS1. (See WP:CITEVAR.)

In the collapsed section below titled Request edit examples, I have illustrated two: The first shows how the edit request was submitted; the second shows how requests should be submitted in the future.

Request edit examples

Incorrectly formatted request: Information to be added or removed - add :The Sun's diameter is 864,337.3 miles. Reference: https://www.booksource.com Information to be added or removed - add: The Moon's diameter is 2,159 miles. Reference: https://www.journalsource.com Information to be added or removed - add: The Sun's temperature is 5,778 degrees Kelvin. Reference: https://www.websource.com In the example above there are URL's provided with each claim statement, but these URL's have not been placed using Citation Style 1, which is the style predominantly used by the Blackstone Group article. Additionally, although references have been provided following each request, the ref tags which accompany the text have not been placed. Using the correct style and the correct positioning of the ref tags, the WikiFormatted text would resemble the following: Correctly formatted request: Please add the following sentence to the first paragraph of the article's "Sun and Moon" section: The Sun's diameter is 864,337.3 miles,<ref>{{cite book|last1=Sjöblad|first1=Tristan|title=The Sun|url=http://www.booksource.com|publisher=Academic Press|date=2018|page=1}}</ref> while the Moon's diameter is 2,159 miles.<ref>{{cite journal|last1=Duvalier|first1=Gabrielle|title=Size of the Moon|journal=Scientific American|issue=78|volume=51|url=http://www.journalsource.com|date=2018|page=46}}</ref> The Sun's temperature is 5,778 degrees Kelvin.<ref>{{cite book|last1=Uemura|first1=Shu|title=The Sun's Heat|url=http://www.websource.com|publisher=Academic Press|date=2018|page=2}}</ref> Which displays as: Please add the following sentence to the first paragraph of the article's "Sun and Moon" section: The Sun's diameter is 864,337.3 miles, while the Moon's diameter is 2,159 miles. The Sun's temperature is 5,778 degrees Kelvin. References In the example above the references have been formatted according to Citation Style 1, which shows the author, the source's name, date, etc. Also, the ref tags are placed in the exact location where the text which they reference resides. As Wikipedia is a volunteer project, edit requests such yours are generally expected to have this formatting done before the request is submitted for review.

Kindly rewrite your edit request so that it aligns more with the second example shown in the collapsed section above, and feel free to re-submit that edit request at your earliest convenience. If you have any questions about this formatting please don't hesitate to ask myself or another editor. Regards,  Spintendo  18:43, 5 February 2019 (UTC)

Notes

revisions part 1

• in the intro section

• Information to be added or removed: Change the Assets Under Management to $472B • Explanation of issue: This has been announced and updated reflecting financials as of 12/31 • References supporting change:

• in the callout box section

• Information to be added or removed: revenue, operating income, net income, AUM, total assets should all be updated. • Explanation of issue: These are updated by the company quarterly and reported by the SEC. They are inaccurate unless they are kept updated. Would suggest either deleting these or updating per the below. • References supporting change:

• in the Business segments section

• Information to be added or removed: Private equity AUM should be updated to 130.7, Real estate AUM 136.2 • Explanation of issue: The existing number is outdated. These new numbers are from reported financials to the SEC as of 12/31. • References supporting change:

• in the Business segments section

• Information to be added or removed: BAAM AUM should be updated to 77.8 as of December 31, 2018 • Explanation of issue: The existing number is outdated. These new numbers are from reported financials to the SEC as of 12/31. • References supporting change: — Preceding unsigned comment added by ThomasClements Blackstone (talk • contribs) 21:52, 5 February 2019 (UTC)

References

Reply 5-FEB-2019

  Edit request partially implemented  

1. Y The company's total |AUM= was placed in the lead section as an approximate figure.
2. Y The company's total |AUM= was updated in the infobox as a more precise number. (Thank you for providing the page number)
3. The other figures could not be updated as they were not individually proposed. Please state the desired figures to be inserted in their respective parameters so that the infobox may be updated.
4. The 'business segments' section (aka the "leading" business section placed under a level 2 heading just before the main subsections which are placed under level 3 headings) was changed to a simple list. Having the leading "business" section each containing total figures for the separate divisions is to have essentially two infoboxes, with both of them containing these summary-type financial figures. A summary of the financial figures for each division may be placed in their respective subsections, where the reader might reasonably expect them to be.

 Additional changes made:

1. An effort was made to reduce the numerous duplicate links in the article.
2. The Self dealing section was omitted, as its contents were insufficiently paraphrased from the source material, per WP:CLOSEPARAPHRASE. A listing of the problematic text may be found here.

Regards,  Spintendo  23:07, 5 February 2019 (UTC)

Notes

Request edit

• in the callout box section

• Information to be added or removed: the subsidiaries should both be removed • Explanation of issue: These are just 2 of the hundreds of companies Blackstone has invested in. Not subsidiaries of the firm. In any case, Blackstone has exited its Hilton investment. • References supporting change:

• in the corporate private equity section

• Information to be added or removed: Blackstone was the 2nd largest private equity firm based on the 2018 report by Private Equity International looking at capital raised in the last 5 years. • Explanation of issue: The existing reference is 8 years old. This is updated. Wikipedia's page "List of private equity firms" references this report. • References supporting change:

• in the corporate private equity section

• Information to be added or removed: Blackstone reports having over 250 private equity employees across the world. • Explanation of issue: The existing reference is multiple years old. • References supporting change:

• in the corporate private equity section

• Information to be added or removed: Suggest removing the table listing private equity funds. • Explanation of issue: The data included in the chart is 9 years old and thus incomplete and inaccurate in describing the business. The sourced information (Preqin) is not a public database that can be accessed to update this. It should be removed unless someone can provide the updated information.

• in the real estate section

• Information to be added or removed: Blackstone reports having over over 500 real estate employees across the world. • Explanation of issue: The existing reference is multiple years old. • References supporting change:

• in the real estate section

• Information to be added or removed: Suggest removing the table listing real estate funds. • Explanation of issue: The data included in the chart is 9 years old and thus incomplete and inaccurate in describing the business. The sourced information (Preqin) is not a public database that can be accessed to update this. It should be removed unless someone can provide the updated information.

• financial advisory services edit

• Information to be added or removed: this section should be deleted • Explanation of issue: Blackstone spun off its financial advisory business in 2014. It is now a separate company (PJT) • References supporting change:

ThomasClements Blackstone (talk) 14:18, 6 February 2019 (UTC)

References

Reply 7-FEB-2019

  Edit requests implemented    Spintendo  08:39, 7 February 2019 (UTC)