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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, 2012
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: John G. Finley
Title: Authorized Person
Phone: (212) 583-5000
Signature, Place, and Date of Signing:
/s/ John G. Finley New York, NY August 14, 2012
---------------------------- ------------------ ---------------------
[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: 1
Form 13F Information Table Entry Total: 36
Form 13F Information Table Value Total: $8,224,372
-----------
(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 28-12332 GSO Capital Partners LP
Explanatory Note:
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 THE QUARTER ENDED JUNE 30, 2012
VOTING AUTHORITY
VALUE SHRS OR SH/ PUT/ INV. OTHER ------------------------------
NAME OF ISSUER TITLE OF CLASS CUSIP (1000S) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE
---------------- -------------- ----------- ---------- ----------- --- ---- ------------ -------- ----------- ------------- ----
BANKUNITED,
INC. COM 06652K 10 3 $ 323,544 13,721,131 SH SOLE 13,721,131
BEAZER HOMES
USA INC COM 07556Q 10 5 $ 12,025 3,699,893 SH SHARED-OTHER 1 3,699,893
BIOSCRIP, INC. COM 09069N 10 8 $ 2,350 316,327 SH SOLE 316,327
BOOZ ALLEN
HAMILTON HLDG
COR CL A 099502 10 6 $ 3,923 256,750 SH SOLE 256,750
BRANDYWINE
REALTY TRUST SH BEN INT NEW 105368 203 $ 87,751 7,111,112 SH SOLE 7,111,112
CEMEX, S.A.B.
de C.V. NOTE 4.875% 3/1 151290 AV 5 $ 6,656 7,500,000 PRN SHARED-OTHER 1 7,500,000
CLEAR CHANNEL
OUTDOOR HLDGS CL A 18451C 10 9 $ 4,056 673,745 SH SHARED-OTHER 1 673,745
CROSSTEX ENERGY
LP COM 22765U 10 2 $ 16,446 1,002,800 SH SHARED-OTHER 1 1,002,800
CUMULUS MEDIA
INC. CL A 231082 10 8 $ 9,979 3,315,238(a) SH SOLE 3,315,238
DISH NETWORK
CORP CL A 25470M 10 9 $ 63 2,200(b) SH Call SHARED-OTHER 1 2,200
DISH NETWORK
CORP CL A 25470M 10 9 $ 17,795 623,300 SH SHARED-OTHER 1 623,300
ENERGEN CORP COM 29265N 10 8 $ 12,547 278,010 SH SHARED-OTHER 1 278,010
EV ENERGY
PARTNERS LP COM UNITS 26926V 10 7 $18,616 368,919 SH SHARED-OTHER 1 368,919
FELCOR LODGING
TR INC COM 31430F 10 1 $ 17,649 3,755,148 SH SHARED-OTHER 1 3,755,148
FREESCALE
SEMICONDUCTOR,
LTD SHS G3727Q101 $2,010,403 196,136,895(c) SH SHARED-OTHER 196,136,895
GENERAL GROWTH
PPTYS INC NEW COM 370023 103 $ 921,018 50,913,105(d) SH SOLE 50,913,105
CAESARS ENTMT
CORP COM 127686 10 3 $ 2,296 201,418 SH SHARED-OTHER 1 201,418
HOVNANIAN
ENTERPRISES
INC CL A 442487 20 3 $ 3,625 1,250,000 SH SHARED-OTHER 1 1,250,000
HOWARD HUGHES
CORP COM 44267D 10 7 $ 20,202 327,743(e) SH SOLE 327,743
ISTAR FINL INC COM 45031U 10 1 $ 20,884 3,237,796 SH SHARED-OTHER 1 3,237,796
KEYCORP NEW COM 493267 10 8 $ 774 100,000 SH Put SOLE 100,000
KOSMOS ENERGY
LTD SHS G5315B 10 7 $1,395,728 126,310,179(f) SH SOLE 126,310,179
LORAL SPACE &
COMMUNICATNS I COM 543881 10 6 $ 11,788 175,027 SH SHARED-OTHER 1 175,027
MBIA INC COM 55262C 10 0 $ 19,282 1,783,700 SH SHARED-OTHER 1 1,783,700
MBIA INC. COM 55262C 10 0 $ 108 10,000 SH Call SHARED-OTHER 1 10,000
MGM RESORTS
INTERNATIONAL NOTE 4.250% 4/1 55303Q AE 0 $ 19,106 18,800,000 PRN SHARED-OTHER 1 18,800,000
NIELSEN
HOLDINGS N.V. COM N63218 10 6 $1,332,110 50,805,123(g) SH SOLE 50,805,123
ORBITZ
WORLDWIDE INC COM 68557K 10 9 $ 200,920 55,046,598(h) SH SOLE 55,046,598
ROUSE PPTYS
INC. COM 779287 101 $ 23,502 1,734,425(i) SH SOLE 1,734,425
SARATOGA RES
INC TEX COM 803521 10 3 $ 28,224 4,800,000 SH SHARED-OTHER 1 4,800,000
SPDR SERIES
TRUST S&P REGL BKG 78464A 69 8 $ 7,116 259,900 SH Put SOLE 259,900
VOTING AUTHORITY
VALUE SHRS OR SH/ PUT/ INV. OTHER ------------------------------
NAME OF ISSUER TITLE OF CLASS CUSIP (1000S) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE
---------------- -------------- ----------- ---------- ----------- --- ---- ------------ -------- ----------- ------------- ----
SPDR S&P 500
ETF TR TR UNIT 78462F 10 3 $ 817 6,000(j) SH Put SHARED-OTHER 1 6,000
SUNSTONE HOTEL
INVESTORS INC
NEW COM 867892 10 1 $ 59,941 5,454,164 SH SOLE 5,454,164
TEAM HEALTH
HOLDINGS, INC COM 87817A 10 7 $ 635,532 26,381,562 SH SOLE 26,381,563
TRW AUTOMOTIVE
HLDGS CORP COM 87264S 10 6 $ 716,394 19,488,416 SH SOLE 19,488,416
VANGUARD HEALTH
SYS INC COM 922036 20 7 $ 261,202 29,381,568 SH SOLE 29,381,568
(a) These shares are not under the investment discretion of The Blackstone Group
L.P. but are under the investment discretion of certain funds of which Mr.
Stephen A. Schwarzman is a controlling person.
(b) Includes two series of DISH NETWORK CORP call options.
(c) Represents shares held by Freescale LP. Certain funds affiliated with The
Blackstone Group L.P. hold 3,395,055 Class A limited partnership interests in
Freescale LP, representing 48.02% of the total Class A limited partnership
interests outstanding. Certain funds affiliated with The Blackstone Group L.P.
also hold 250 shares of Freescale Holdings G.P., Ltd., the general partner of
Freescale LP, representing 25% of the total shares outstanding.
(d) Includes 2,541,172 of Common Shares owned by Blackstone GGP Principal
Transaction Partners L.P., a Co-Investment Entity
(e) Includes 16,359 of Common Shares owned by Blackstone GGP Principal
Transaction Partners L.P., a Co-Investment Entity
(f) Includes 2,591,244 shares that are not under the investment discretion of
The Blackstone Group L.P. but are under the investment discretion of Blackstone
Family GP L.L.C., of which Mr. Stephen A. Schwarzman is a controlling person.
(g) Represents the proportionate interest in 270,746,445 shares held by Valcon
Acquisition Holding (Luxembourg) S.a.r.l. ("Luxco") attributable to ownership
interests in Luxco of certain funds affiliated with The Blackstone Group L.P.,
including 1,834,613 shares that are not under the investment discretion of The
Blackstone Group L.P. but instead are under the investment discretion of
Blackstone Family GP L.L.C., of which Mr. Stephen A. Schwarzman is a controlling
person.
(h) The 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.
(i) Includes 86,568 of Common Shares owned by Blackstone GGP Principal
Transaction Partners L.P., a Co-Investment Entity
(j) Includes two series of SPDR S&P 500 ETF TR put options.