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Blackstone to Present at the Goldman Sachs U.S. Financial Services Conference

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NEW YORK--([ BUSINESS WIRE ])--The Blackstone Group L.P. (NYSE: BX), announced today that Stephen A. Schwarzman, Chairman and CEO of The Blackstone Group, is scheduled to present at the Goldman Sachs U.S. Financial Services Conference on Tuesday, December 7, 2010 at 12:40 pm EST.

A live audio webcast of the presentation will be available on the Investor Relations section of Blackstonea™s website at [ http://ir.blackstone.com/ ]. For those unable to listen to the live audio webcast, a replay will be available on Blackstonea™s website shortly after the event.

Please direct any questions regarding the webcast to Blackstonea™s Investor Relations group at [ BlackstoneInvestorRelations@blackstone.com ].

About Blackstone

Blackstone is one of the worlda™s leading investment and advisory firms. We seek to create positive economic impact and long-term value for our investors, the companies we invest in, the companies we advise and the broader global economy. We do this through the commitment of our extraordinary people and flexible capital. Our alternative asset management businesses include the management of private equity funds, real estate funds, funds of hedge funds, credit-oriented funds and closed-end mutual funds. The Blackstone Group also provides various financial advisory services, including financial and strategic advisory, restructuring and reorganization advisory and fund placement services. Further information is available at [ www.blackstone.com ].