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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: December 31, 2012
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 February 14, 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: 38
Form 13F Information Table Value Total: $ 9,641,261
-----------
(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 YEAR ENDED DECEMBER 31, 2012
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
---------------- -------------- ----------- ---------- ----------- --- ---- ------------ -------- ----------- ------------- ----
AMERISTAR
CASINOS INC COM 03070Q 10 1 $ 22,999 876,500 SH SHARED 1 876,500
BANKUNITED INC COM 06652K 10 3 $ 202,982 8,305,337(a) SH SOLE 8,305,337
BEAZER HOMES
USA INC COM NEW 07556Q 88 1 $ 23,646 1,400,000 SH SHARED-OTHER 1 1,400,000
BIOSCRIP, INC. COM 09069N 10 8 $ 3,407 316,327 SH SHARED-OTHER 1 316,327
BOOZ ALLEN
HAMILTON
HLDG COR CL A 099502 10 6 $ 3,619 260,004 SH SHARED-OTHER 1 260,004
BRANDYWINE
RLTY TR SH BEN INT NEW 105368 20 3 $ 57,527 4,719,166 SH SOLE 4,719,166
CAPITAL TRUST
INC MD CL A NEW 14052M 50 6 $ 10,500 5,000,000 SH SOLE 1 5,000,000
CLEAR CHANNEL
OUTDOOR
HLDGS CL A 18451C 10 9 $ 12,153 1,731,163 SH SHARED-OTHER 1 1,731,163
CROSSTEX
ENERGY INC COM 22765Y 10 4 $ 100,380 7,000,000 SH SHARED-OTHER 1 7,000,000
CROSSTEX
ENERGY LP COM 22765U 10 2 $ 14,591 1,002,800 SH SHARED-OTHER 1 1,002,800
CUMULUS MEDIA
INC CL A 231082 10 8 $ 8,852 3,315,238(b) SH SOLE 3,315,238
DIAMONDROCK
HOSPITALITY CO COM 252784 30 1 $ 64,904 7,211,538 SH SOLE 7,211,538
DISH NETWORK
CORP CL A 25470M 10 9 $ 80 2,200(c) SH CALL SHARED-OTHER 1 2,200
DISH NETWORK
CORP CL A 25470M 10 9 $ 9,100 250,000 SH SHARED-OTHER 1 250,000
EV ENERGY
PARTNERS LP COM UNITS 26926V 10 7 $ 15,974 282,419 SH SHARED-OTHER 1 282,419
FELCOR LODGING
TR INC COM 31430F 10 1 $ 24,161 5,173,589 SH SHARED-OTHER 1 5,173,589
FREESCALE
SEMICONDUCTOR
LTD SHS G3727Q 10 1 $2,159,467 196,136,895(d) SH SHARED-OTHER 196,136,895
GENERAL
GROWTH PPTYS
INC NEW COM 370023 10 3 $ 822,421 41,431,803(e) SH SOLE 41,431,803
GMX RES INC NOTE 4.500% 5/0 38011M AJ 7 $ 2,182 4,796,000 PRN SHARED-OTHER 1 4,796,000
GMX RES INC COM 38011M 10 8 $ 3,379 6,757,499(f) SH SHARED-OTHER 1 6,757,499
ISTAR FINL INC COM 45031U 10 1 $ 22,748 2,791,121 SH SHARED-OTHER 1 2,791,121
KEYCORP NEW COM 493267 10 8 $ 1,684 200,000 SH PUT SOLE 200,000
KOSMOS ENERGY
LTD SHS G5315B 10 7 $1,559,931 126,310,180(g) SH SOLE 126,310,180
MBIA INC COM 55262C 10 0 $ 33,805 4,306,398 SH SHARED-OTHER 1 4,306,398
MGM RESORTS
INTERNATIONAL NOTE 4.250% 4/1 55303Q AE 0 $ 6,151 5,800,000 PRN SHARED-OTHER 1 5,800,000
NIELSEN
HOLDINGS N V COM N63218 10 6 $1,565,894 51,189,724(h) SH SOLE 51,189,724
NRG ENERGY INC COM NEW 629377 50 8 $ 25,289 1,100,000 SH SHARED-OTHER 1 1,100,000
ORBITZ
WORLDWIDE
INC COM 68557K 10 9 $ 149,727 55,046,598(i) SH SOLE 55,046,598
PACIFIC
BIOSCIENCES
CALIF IN COM 69404D 10 8 $ 4,100 2,411,556 SH SOLE 2,411,556
PBF ENERGY INC CL A 69318G 10 6 $ 984,136 33,877,327 SH SOLE 33,877,327
SARATOGA RES
INC TEX COM 803521 10 3 $ 16,992 4,800,000 SH SHARED-OTHER 1 4,800,000
SPDR SERIES
TRUST NUVN BRCLY MUNI 78464A 95 8 $ 19,392 800,000 SH PUT SOLE 800,000
SPDR S&P
500 ETF TR TR UNIT 78462F 10 3 $ 427 3,000 SH PUT SHARED-OTHER 1 3,000
SUPERVALU INC COM 868536 10 3 $ 5,564 2,252,666 SH SHARED-OTHER 1 2,252,666
TEAM HEALTH
HOLDINGS, INC COM 87817A 10 7 $ 275,875 9,588,991 SH SOLE 9,588,991
TRW AUTOMOTIVE
HLDGS CORP COM 87264S 10 6 $1,044,774 19,488,416 SH SOLE 19,488,416
VANGUARD
HEALTH SYS INC COM 922036 20 7 $ 359,924 29,381,568 SH SOLE 29,381,568
ZIONS
BANCORPORATION COM 989701 95 7 $ 2,525 118,000 SH PUT SOLE 118,000
(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) Includes two series of DISH NETWORK CORP call options.
(d) 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.
(e) Includes 2,067,942 of Common Shares owned by Blackstone GGP Principal
Transaction Partners L.P., a co-investment entity.
(f) Does not give effect to the 13-to-1 reverse stock split of GMX Resources,
Inc. made effective on January 3, 2013.
(g) Includes 2,591,244 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.
(h) Represents the proprotionate interest in 236,266,399 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 1,704,560 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.
(i) 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.