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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: March 31, 2013
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 May 15, 2013
---------------------------- ------------------ ---------------------
[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: 42
Form 13F Information Table Value Total: $ 9,809,618
-----------
(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 MARCH 31, 2013
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
---------------- ---------------- ----------- ---------- ----------- ------ ---- ------------ -------- ----------- ---------- ----
ADVANCED MICRO
DEVICES INC NOTE 6.000% 5/0 007903 AL 1 $ 1,998 2,000,000 SH SHARED-OTHER 1 2,000,000
BANKUNITED INC COM 06652K 10 3 $ 209,820 8,189,701 SH (a) SOLE 8,189,701
BEAZER HOMES
USA INC COM NEW 07556Q 88 1 $ 36,432 2,300,000 SH SHARED-OTHER 1 2,300,000
BEAZER HOMES
USA INC COM NEW 07556Q 88 1 $ 32 2,000 SH Call SHARED-OTHER 1 2,000
BIOSCRIP INC. COM 09069N 10 8 $ 244 19,212 SH SHARED-OTHER 19,212
BOOZ ALLEN
HAMILTON
HLDG COR CL A 099502 10 6 $ 3,494 260,004 SH SHARED-OTHER 260,004
CAPITAL TRUST INC MD CL A NEW 14052H 50 6 $ 13,650 5,000,000 SH SOLE 5,000,000
CHENIERE ENERGY
PARTNERS LP COM UNITS 16411Q 10 1 $ 52,761 1,927,710 SH SHARED-OTHER 1 1,927,710
CLEAR CHANNEL
OUTDOOR HLDGS CL A 18451C 10 9 $ 9,782 1,305,994 SH SHARED-OTHER 1 1,305,994
CROCS INC COM 227046 10 9 $ 1,346 90,821 SH SHARED-OTHER 1 90,821
CROSSTEX ENERGY
INC COM 22765Y 10 4 $ 134,820 7,000,000 SH SHARED-OTHER 1 7,000,000
CROSSTEX ENERGY
LP COM 22765U 10 2 $ 16,600 902,162 SH SHARED-OTHER 1 902,162
CUMULUS MEDIA
INC CL A 231082 10 8 $ 11,172 3,315,238 SH (b) SOLE 3,315,238
DIAMONDROCK
HOSPITALITY CO COM 252784 30 1 $ 67,139 7,211,538 SH SOLE 7,211,538
DRYSHIPS INC NOTE 5.000% 12/0 262498 AB 4 $ 15,951 18,400,000 PRN SHARED-OTHER 1 18,400,000
ENERGY TRANSFER
EQUITY LP COM UT LTD PTN 29273V 10 0 $ 29,307 501,143 SH SHARED-OTHER 1 501,143
ENERGY TRANSFER
PRTNRS LP UNIT LTD PARTN 29273R 10 9 $ 8,110 160,000 SH SHARED-OTHER 1 160,000
EV ENERGY
PARTNERS LP COM UNITS 26926V 10 7 $ 5,597 102,570 SH SHARED-OTHER 1 102,570
FELCOR LODGING
TR INC COM 31430F 10 1 $ 36,729 6,172,997 SH SHARED-OTHER 1 6,172,997
FREESCALE
SEMICONDUCTOR
LTD SHS G3727Q 10 1 $2,920,478 196,136,895 SH (c) SHARED-OTHER 1 196,136,895
GENERAL GROWTH
PPTYS INC NEW COM 370023 10 3 $ 465,824 23,431,803 SH (d) SOLE 23,431,803
GMX RES INC NOTE 4.500% 5/0 38011M AJ 7 $ 2,281 4,796,000 PRN SHARED-OTHER 1 4,796,000
GMX RES INC COM 38011M 10 8 $ 1,138 519,805 SH SHARED-OTHER 1 519,805
ISTAR FINL INC COM 45031U 10 1 $ 35,307 3,242,165 SH SHARED-OTHER 1 3,242,165
KNIGHT CAPITAL
GROUP INC CL A COM 499005 10 6 $ 211,576 56,875,362 SH (e) SOLE 56,875,362
KOSMOS ENERGY
LTD SHS G5315B 10 7 $1,266,730 112,100,012 SH (f) SOLE 112,100,012
LEAP WIRELESS
INTL INC COM NEW 521863 30 8 $ 7,813 1,326,500 SH SHARED-OTHER 1 1,326,500
MBIA INC COM 55262C 10 0 $ 51,299 4,995,016 SH SHARED-OTHER 1 4,995,016
MBIA INC COM 55262C 10 0 $ 51 5,000 SH Call SHARED-OTHER 1 5,000
MGIC INVT
CORP WIS NOTE 2.000% 4/0 552848 AE 3 $ 511 500,000 PRN SHARED-OTHER 1 500,000
NIELSEN HOLDINGS
N V COM N63218 10 6 $1,536,194 42,886,501 SH (g) SOLE 42,886,501
OCEAN RIG UDW
INC SHS Y64354 20 5 $ 28,895 1,793,616 SH SHARED-OTHER 1 1,793,616
ORBITZ WORLDWIDE
INC COM 68557K 10 9 $ 314,316 55,046,598 SH (h) SOLE 55,046,598
PACIFIC
BIOSCIENCES
CALIF IN COM 69404D 10 8 $ 6,005 2,411,556 SH SOLE 2,411,556
PBF ENERGY INC CL A 69318G 10 6 $1,259,220 33,877,327 SH SOLE 33,877,327
PENNEY J C INC COM 708160 10 6 $ 113 7,500 SH Put SHARED-OTHER 1 7,500
PENNEY J C INC COM 708160 10 6 $ 4,155 275,000 SH SHARED-OTHER 1 275,000
SARATOGA RES INC
TEX COM 803521 10 3 $ 12,768 4,800,000 SH SHARED-OTHER 1 4,800,000
SPDR SERIES
TRUST S&P REG BKG 78464A 69 8 $ 24,278 763,700 SH Put SOLE 763,700
SPDR S&P 500
ETF TR TR UNIT 78462F 10 3 $ 3,760 24,000 SH (i) Put SHARED-OTHER 1 24,000
TRW AUTOMOTIVE
HLDGS CORP COM 87264S 10 6 $ 565,018 10,273,062 SH SOLE 10,273,062
VANGUARD HEALTH
SYS INC COM 922036 20 7 $ 436,904 29,381,568 SH SOLE 29,381,568
(a) Excludes 5,415,794 shares of Series A Nonvoting Convertible Preferred Stock
convertible into shares of common stock on a one-for-one basis.
(b) 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.
(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 1,167,527 of Common Shares owned by Blackstone GGP Principal
Transaction Partners L.P., a co-investment entity.
(e) Excludes 35,461 restricted stock units representing a contingent right to
receive one share.
(f) Includes 2,299,722 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 proprotionate interest in 195,463,201 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 1,428,072 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 two series of SPDR S&P 500 ETF TR put options.