A tragic shooting at Blackstone’s Midtown office leaves four dead, including a top executive, reigniting discussions about gun violence and corporate responsibility. Following the incident, The Real Deal’s analysis reveals that Blackstone has long distanced itself from gun manufacturers, having divested from Colt Defense in 2013 after the Sandy Hook shooting, and confirming no direct investments in gun firms as of its latest filings.
Despite this proactive stance, the firm still holds investments in defense-related companies, leading to uncertainty about potential indirect ties to the firearms industry. As other major investors, like BlackRock, face criticism for their links to gun manufacturers, the pressure mounts for Blackstone to clarify its approach to funding and public safety reforms in light of the recent tragedy.
Read full story at therealdeal.com
