------------------------------------------ OMB APPROVAL ------------------------------------------ OMB Number: 3235-0006 ------------------------------------------ Expires: December 31, 2009 ------------------------------------------ Estimated average burden hours per response: 22.6 ------------------------------------------ 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, 2009 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: Robert L. Friedman Title: Authorized Person Phone: (212) 583-5000 Signature, Place, and Date of Signing: /s/ Robert L. Friedman New York, NY August 14, 2009 ------------------------ ------------------------ ------------------------ [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: 3 Form 13F Information Table Entry Total: 27 Form 13F Information Table Value Total: $1,592,727 (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 28-13113 Blackstone Capital Partners V L.P. 2 28-12319 Blackstone Kailix Advisors L.L.C. 3 28-12332 GSO Capital Partners LP Explanatory Notes: (1) 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. (2) Blackstone Kailix Advisors L.L.C. had no reportable positions in Section 13(f) securities as of June 30, 2009. FORM 13F INFORMATION TABLE THE BLACKSTONE GROUP L.P. FOR QUARTER ENDED JUNE 30, 2009 Voting Authority Value Shrs or SH/ Investment Other ---------------------- Name of Issuer Title of Class CUSIP (x $1000) prn amt PRN Put/Call Discretion Managers Sole Shared None -------------- -------------- --------- --------- ---------- --- -------- ---------- -------- ---------- ------ ---- ALLIANCE DATA SYSTEMS CORP COM 018581108 $118,125 2,867,800 SH SOLE 1 2,867,800 BARCLAYS BK IPMS INDIA PLC ETN 06739F291 $ 1,738 35,500 SH SOLE 35,500 CALPINE CORP COM NEW 131347304 $ 4,383 393,102 SH SOLE 3 393,102 CENTENNIAL COMMUNCTNS CORP N CL A NEW 15133V208 $ 13,428 1,602,432 SH SOLE (a) 1,602,432 CHINA PETE & SPON ADR H CHEM CORP SHS 16941R108 $ 575 7,579 SH SOLE 7,579 CHUNGHWA TELECOM CO SPONS ADR LTD NEW 09 17133Q403 $ 102 5,150 SH SOLE 5,150 CLEAR CHANNEL OUTDOOR HLDGS CL A 18451C109 $ 3,853 726,900 SH SOLE 3 726,900 COGNIZANT TECHNOLOGY SOLUTIO CL A 192446102 $ 2,000 74,900 SH SOLE 74,900 DIGITALGLOBE INC COM NEW 25389M877 $ 3,840 200,000 SH SOLE 3 200,000 EASTMAN NOTE KODAK CO 3.375%10/1 277461BE8 $ 21,735 27,000,000 PRN SOLE 3 27,000,000 FREEPORT- MCMORAN COPPER & GO COM 35671D857 $ 300 5,990 SH SOLE 5,990 HOSPITALITY NOTE PPTYS TR 3.800% 3/1 44106MAK8 $ 4,586 5,500,000 PRN SOLE 5,500,000 HSBC HLDGS SPON ADR PLC NEW 404280406 $ 405 9,690 SH SOLE 9,690 ICICI BK LTD ADR 45104G104 $ 2,440 82,700 SH SOLE 82,700 ISHARES INC MSCI TAIWAN 464286731 $ 149 14,775 SH SOLE 14,775 Name of Issuer Title of Class CUSIP Value Shrs or SH/ Put/Call Investment Other Voting Authority -------------- -------------- --------- (x $1000) prn amt PRN -------- Discretion Managers ------------------------- --------- ---------- --- ---------- -------- Sole Shared None ---------- ------ ---- LODGIAN INC COM PAR $.01 54021P403 $ 1,725 1,326,909 SH SOLE 1,326,909 NETEASE SPONSORED COM INC ADR 64110W102 $ 1,158 32,910 SH SOLE 32,910 NEW ORIENTAL ED & TECH GRP I SPON ADR 647581107 $ 480 7,129 SH SOLE 7,129 ORBITZ WORLDWIDE INC COM 68557K109 $ 87,441 46,021,327 SH SOLE 1(b) 46,021,327 REPUBLIC SVCS INC COM 760759100 $526,665 21,575,772 SH SOLE (c) 21,575,772 SANDRIDGE ENERGY INC COM 80007P307 $ 9,467 1,111,111 SH SOLE 3 1,111,111 SATYAM COMPUTER SERVICES LTD ADR 804098101 $ 177 57,069 SH SOLE 57,069 SOHU COM INC COM 83408W103 $ 497 7,905 SH SOLE 7,905 SPDR TR UNIT SER 1 78462F103 $137,925 1,500,000 SH PUT SOLE 3 1,500,000 STANDARD PAC CORP NEW COM 85375C101 $ 5,544 2,731,255 SH SOLE 3 2,731,255 STANDARD PARKING CORP COM 853790103 $123,508(d) 7,581,842(d) SH SOLE 3 7,581,842(d) TRW AUTOMOTIVE HLDGS CORP COM 87264S106 $520,481 46,060,285 SH SOLE 46,060,285 -------- (a) The Centennial Communications Corp. shares reported herein are not under the investment discretion of The Blackstone Group L.P. but are under the investment discretion of Mr. Stephen A. Schwarzman. (b) The Orbitz Worldwide, Inc. 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. (c) The Republic Services, Inc. shares reported herein are not under the investment discretion of The Blackstone Group L.P. but are under the investment discretion of Mr. Stephen A. Schwarzman. (d) As described in a Statement on Schedule 13D filed with the Securities and Exchange Commission on May 26, 2009 (the "Standard Parking Schedule 13D"), the Standard Parking Corporation shares reported herein were obtained by the Lenders (as defined in the Standard Parking Schedule 13D) in satisfaction of certain loan obligations, and the Lenders are required to dispose of such shares and any cash proceeds received upon disposition of such shares as set forth in the Standard Parking Schedule 13D.