Blackstone sees huge IPO, valued at more than $33 billion

June 22, 2007 | Matt Marshall | Comments | |

Blackstone Group, the huge buyout firm, priced its initial public offering last night, and started trading today.

The firm saw its market value hit $33.6 billion, making it the largest U.S. IPO since CIT Group went public in July 2002.

Here’s the story.

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Matt Marshall is editor and CEO of VentureBeat. Follow him on Twitter at @mmarshall, and follow VentureBeat on Twitter at @venturebeat.