-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, E3c558Rbi1hn0Cd7sR+grI2XNQYCBgShS9jEqQOap7Zfz4AnBqaaqm8+cW/IpvCL he1iZ25PCR2GNRI3YDEvHw== 0000893750-07-000246.txt : 20070621 0000893750-07-000246.hdr.sgml : 20070621 20070621215450 ACCESSION NUMBER: 0000893750-07-000246 CONFORMED SUBMISSION TYPE: 3 PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20070621 FILED AS OF DATE: 20070621 DATE AS OF CHANGE: 20070621 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Blackstone Group L.P. CENTRAL INDEX KEY: 0001393818 STANDARD INDUSTRIAL CLASSIFICATION: INVESTMENT ADVICE [6282] IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 345 PARK AVENUE CITY: NEW YORK STATE: NY ZIP: 10154 BUSINESS PHONE: (212) 583-5000 MAIL ADDRESS: STREET 1: 345 PARK AVENUE CITY: NEW YORK STATE: NY ZIP: 10154 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Friedman Robert L. CENTRAL INDEX KEY: 0001085357 FILING VALUES: FORM TYPE: 3 SEC ACT: 1934 Act SEC FILE NUMBER: 001-33551 FILM NUMBER: 07935043 BUSINESS ADDRESS: STREET 1: 106 PITTS BAY ROAD CITY: PEMBROKE BERMUDA STATE: D0 ZIP: 0000 BUSINESS PHONE: 212-583-5268 MAIL ADDRESS: STREET 1: C/O THE BLACKSTONE GROUP STREET 2: 345 PARK AVENUE CITY: NEW YORK STATE: NY ZIP: 10154 FORMER NAME: FORMER CONFORMED NAME: FRIEDMAN ROBERT L DATE OF NAME CHANGE: 19990428 3 1 form3_ex.xml X0202 3 2007-06-21 0 0001393818 Blackstone Group L.P. BX 0001085357 Friedman Robert L. C/O THE BLACKSTONE GROUP 345 PARK AVENUE NEW YORK NY 10154 0 1 0 0 Chief Legal Officer Blackstone Holdings partnership units Common Uuits representing limited partnership interests 4967805 D Blackstone Holdings partnership units Common Uuits representing limited partnership interests 500000 I See footnotes Blackstone Holdings partnership units Common Uuits representing limited partnership interests 2130462 I See footnotes Pursuant to an exchange agreement, holders of Blackstone Holdings partnership units (which term refers collectively to a partnership unit in each of Blackstone Holdings I L.P., Blackstone Holdings II L.P., Blackstone Holdings III L.P., Blackstone Holdings IV L.P. and Blackstone Holdings V L.P.), subject to the vesting and minimum retained ownership requirements and transfer restrictions set forth in the partnership agreements of the Blackstone Holdings partnerships, may up to four times each year (subject to the terms of the exchange agreement) exchange their Blackstone Holdings partnership units for The Blackstone Group L.P. common units on a one-for-one basis, subject to customary conversion rate adjustments for splits, unit distributions and reclassifications. A Blackstone Holdings limited partner must exchange one partnership unit in each of the five Blackstone Holdings partnerships to effect an exchange for a common unit. [Footnote 1 continued in Remarks] Such Blackstone Holdings partnership units are held in a Grantor Retained Annuity Trust, for which the Reporting Person is the investment trustee. Such Blackstone Holdings partnership units are held in two trusts, for which the beneficiaries are descendants of the Reporting Person, and for which the spouse of the Reporting Person is a trustee. Pursuant to Rule 16a-1(a)(4) of the Securities Exchange Act of 1934, as amended, the Reporting Person herein states that this filing shall not be deemed an admission that he or it is the beneficial owner of any of such interests, and disclaims beneficial ownership of such interests, except to the extent of his pecuniary interest in such interests. [Footnote 1 continued] Notwithstanding the foregoing, the reported Blackstone Holdings partnership units may not be exchanged at any time prior to December 31, 2009 other than pursuant to transactions or programs approved by Blackstone. /s/ Robert L. Friedman, Attorney-in-fact 2007-06-21 EX-24 2 exh241.htm EXHIBIT 24.1 Power of Attorney

Exhibit 24.1

Power of Attorney


Know all by these presents, that the undersigned hereby makes, constitutes and appoints each of Stephen A. Schwarzman, Peter G. Peterson, Hamilton E. James, J. Tomilson Hill, Michael A. Puglisi, Robert L. Friedman, Sylvia F. Moss and Marsha Overby, signing singly, the undersigned's true and lawful attorney-in-fact to:


(1) execute for and on behalf of the undersigned, in the undersigned’s capacity as an officer and/or director of Blackstone Group Management L.L.C., a Delaware limited liability company (the “General Partner”) and the general partner of The Blackstone Group L.P.. (the "Partnership"), Forms 3, 4, and 5 in accordance with Section 16(a) of the Securities Exchange Act of 1934 and the rules thereunder;


(2) do and perform any and all acts for and on behalf of the undersigned which may be necessary or desirable to complete and execute any such Form 3, 4, or 5, complete and execute any amendment of amendments thereto, and timely file such form with the United States Securities and Exchange Commission and any stock exchange or similar authority; and


(3) take any other action of any type whatsoever in connection with the foregoing which, in the opinion of such attorney-in-fact, may be of benefit to, in the best interest of, or legally required by, the undersigned, it being understood that the documents executed by such attorney-in-fact on behalf of the undersigned pursuant to this Power of Attorney shall be in such form and shall contain such terms and conditions as such attorney-in-fact may approve in such attorney-in-fact’s discretion.


The undersigned hereby grants to each such attorney-in-fact full power and authority to do and perform all and every act and thing whatsoever requisite, necessary or proper to be done in the exercise of any of the rights and powers herein granted, as fully to all intents and purposes as the undersigned might or could do if present, with full power of substitution or revocation, hereby ratifying and confirming all that such attorney-in-fact , or such attorney-in-fact’s substitute or substitutes, shall lawfully do or cause to be done by virtue of this power of attorney and the rights and powers herein granted.  The undersigned acknowledges that the foregoing attorneys-in-fact, in serving in such capacity at the request of the undersigned, are not assuming , nor is the General Partner or the Partnership assuming, any of the undersigned’s responsibilities to comply with Section 16 of the Securities Exchange Act o f 1934 or the rules thereunder.


This Power of Attorney shall remain in full force and effect until the undersigned, after becoming subject to the requirements to file Forms 3, 4 and 5 with respect to the undersigned’s holdings of and transactions in any equity security or derivative security relating to the Partnership, whether or not issued by the Partnership, ceases to be subject to those requirements, unless earlier revoked by the undersigned in a signed writing delivered to such attorney-in-fact.







2


IN WITNESS WHEREOF, the undersigned has caused this Power of Attorney to be executed as of June 19, 2007.



By:

/s/ Robert L. Friedman





 -----END PRIVACY-ENHANCED MESSAGE-----