-----------------------------
OMB APPROVAL
-----------------------------
OMB Number: 3235-0006
Expires: August 31, 2012
Estimated average
burden hours per
response:............23.5
-----------------------------
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: June 30, 2010
Check here if Amendment [_]; Amendment Number:
--------------------
This Amendment (Check only one.): [_] is a restatement.
[_] adds new holdings entries.
Institutional Investment Manager Filing this Report:
Name: The Blackstone Group L.P.
Address: 345 Park Avenue
New York, NY 10154
Form 13F File Number: 28-13114
The institutional investment manager filing this report and the person by whom
it is signed hereby represent that the person signing the report is authorized
to submit it, that all information contained herein is true, correct and
complete, and that it is understood that all required items, statements,
schedules, lists, and tables, are considered integral parts of this form.
Person Signing this Report on Behalf of Reporting Manager:
Name: Robert L. Friedman
Title: Authorized Person
Phone: (212) 583-5000
Signature, Place, and Date of Signing:
/s/ Robert L. Friedman New York, NY August 16, 2010
---------------------------- ------------------ -------------------
[Signature] [City, State] [Date]
Report Type (Check only one):
[X] 13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager
are reported in this report.)
[_] 13F NOTICE. (Check here if no holdings reported are in this report, and all
holdings are reported by other reporting manager(s).)
[_] 13F COMBINATION REPORT. (Check here if a portion of the holdings for this
reporting manager are reported in this report and a portion are reported by
other reporting manager(s).)
FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 2
Form 13F Information Table Entry Total: 27
Form 13F Information Table Value Total: $3,430,111
-----------
(thousands)
List of Other Included Managers:
Provide a numbered list of the name(s) and Form 13F file number(s) of all
institutional investment managers with respect to which this report is filed,
other than the manager filing this report.
Number Form 13F File Number Name
------ -------------------- ----
1 28-13113 Blackstone Capital Partners V L.P.
2 28-12332 GSO Capital Partners LP
Explanatory Notes:
(1) The Blackstone Group L.P. is managed and operated by its general partner,
Blackstone Group Management L.L.C., which is in turn wholly-owned by
Blackstone's senior managing directors and controlled by Mr. Stephen A.
Schwarzman, one of its founders.
FORM 13F INFORMATION TABLE
THE BLACKSTONE GROUP L.P.
FOR QUARTER ENDED JUNE 30, 2010
Voting Authority
Value Shrs or SH/ Put/ Investment Other -------------------------
Name of Issuer Title of Class CUSIP (x $1000) prn amt PRN Call Discretion Managers Sole Shared None
------------------------- -------------- ----------- --------- ------------- --- ---- ---------- -------- ------------- ------ ----
ALLIANCE DATA SYSTEMS
CORP COM 018581108 $ 67,550 1,134,907 SH SOLE 1 1,134,907
BEAZER HOMES USA INC COM 07556Q 10 5 $ 18,744 5,163,767 SH SOLE 2 5,163,767
BIOSCRIP INC COM 09069N 10 8 $ 1,658 316,327 SH SOLE 316,327
CHINA DIGITAL TV HLDG CO
LTD SPON ADR 16938G 10 7 $ 524 95,900 SH SOLE 95,900
CHINA PETE & CHEM CORP SPON ADR H SHS 16941R108 $ 540 6,714 SH SOLE 6,714
CROSSTEX ENERGY LP COM 22765U 10 2 $ 8,393 796,300 SH SOLE 2 796,300
DR REDDYS LABS LTD ADR 256135203 $ 1,764 57,200 SH SOLE 57,200
DYNEGY INC DEL COM 26817G 30 0 $ 3,463 899,430 SH SOLE 2 899,430
GRAHAM PACKAGING
HOLDINGS COMPANY COM 384701 10 8 $482,337 40,295,506 SH SOLE (b) 40,295,506
HSBC HLDGS PLC SPON ADR NEW 404280406 $ 445 9,775 SH SOLE 9,775
ICICI BK LTD ADR 45104G104 $ 2,963 82,000 SH SOLE 82,000
LORAL SPACE &
COMMUNICATNS I COM 543881 10 6 $ 16,794 393,108 SH SOLE 2 393,108
NEW ORIENTAL ED & TECH
GRP I SPON ADR 647581107 $ 487 5,229 SH SOLE 6,329
ORBITZ WORLDWIDE INC COM 68557K109 $209,728 55,046,598 SH SOLE 1(a) 55,046,598
QUALITY DISTR INC FLA COM 74756M 10 2 $ 1,511 292,290 SH SOLE 2 292,290
REPUBLIC SVCS INC COM 760759100 $641,448 21,575,770 SH SOLE (b) 21,575,770
SANDRIDGE ENERGY INC COM 80007P307 $ 6,478 1,111,111 SH SOLE 2 1,111,111
SOHU COM INC COM 83408W103 $ 547 13,305 SH SOLE 13,305
SPDR S&P 500 ETF TR UNIT SER 1 S&P 78462F 10 3 $ 25,805 250,000 SH SOLE 2 250,000
SPDR S&P 500 ETF TR CALL 78462F 10 3 $103,220 1,000,000 SH CALL SOLE 2 1,000,000
SPDR S&P 500 ETF TR PUT 78462F 10 3 $206,440 2,000,000 SH PUT SOLE 2 2,000,000
Voting Authority
Value Shrs or SH/ Put/ Investment Other -------------------------
Name of Issuer Title of Class CUSIP (x $1000) prn amt PRN Call Discretion Managers Sole Shared None
------------------------- -------------- ----------- --------- ------------- --- ---- ---------- -------- ------------- ------ ----
SPDR S&P 500 ETF TR PUT 78462F 10 3 $ 51,610 500,000 SH PUT SOLE 2 500,000
STANDARD PAC CORP NEW COM 85375C101 $ 4,796 1,440,182 SH SOLE 2 1,440,182
TATA MTRS LTD SPON ADR 876568 50 2 $ 4,683 272,450 SH SOLE 272,450
TEAM HEALTH HOLDINGS, INC COM 87817A 10 $572,182 44,286,562.51 SH SOLE 44,286,562.51
TRW AUTOMOTIVE HLDGS CORP COM 87264S106 $993,125 36,021,930 SH SOLE 36,021,930
VERSO PAPER CORP COM 92531L 10 8 $ 2,876 1,245,100 SH SOLE 2 1,245,100
(a) The Orbitz Worldwide, Inc. shares reported herein are not under the
investment discretion of The Blackstone Group L.P. but are under the
investment discretion of Blackstone LR Associates (Cayman) V Ltd., of which
Mr. Stephen A. Schwarzman is a controlling person.
(b) The shares reported herein are not under the investment discretion of The
Blackstone Group L.P. but are under the investment discretion of Mr.
Stephen A. Schwarzman.