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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: September 30, 2010
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 November 15, 2010
---------------------------- ------------------ -------------------
[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: 2
Form 13F Information Table Entry Total: 28
Form 13F Information Table Value Total: $3,031,615
-----------
(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 28-12332 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.
FORM 13F INFORMATION TABLE
THE BLACKSTONE GROUP L.P.
FOR QUARTER ENDED SEPTEMBER 30, 2010
Voting Authority
Value Shrs or SH/ Put/ Investment Other ------------------------
Name of Issuer Title of Class CUSIP (x $1000) prn amt PRN Call Discretion Managers Sole Shared None
------------------------- -------------- ----------- ---------- -------------- --- ---- ---------- -------- ------------ ------ ----
ALLIANCE DATA SYSTEMS
CORP COM 18581108 $ 63,420 1,134,907 SH SOLE 1 1,134,907
BEAZER HOMES USA INC COM 07556Q 10 5 $ 20,435 4,947,870 SH SOLE 2 4,947,870
BIOSCRIPS, INC. COM 09069N108 $ 1,632 316,327 SH SOLE 316,327
BZH US 11/20/10 C5 (CALL) COM 07556Q105 $ 7,506 18,175 SH Call SOLE 2 18,175
CHINA DIGITAL TV HLDG CO
LTD SPON ADR 16938G 10 7 $ 587 86,697 SH SOLE 86,697
CHINA PETE & CHEM CORP SPON ADR H SHS 16941R108 $ 253 2,864 SH SOLE 2,864
CROSSTEX ENERGY LP COM 22765U 10 2 $ 10,105 796,300 SH SOLE 2 796,300
DR REDDYS LABS LTD ADR 256135203 $ 2,391 74,200 SH SOLE 74,200
DYNEGY INC DEL COM 26817G 30 0 $ 4,380 899,430 SH SOLE 2 899,430
Eastman Kodak (EK) COM 277461109 $ 3,570 850,000 SH SOLE 2 850,000
GRAHAM PACKAGING
HOLDINGS COMPANY COM 384701 10 8 $ 471,551 40,295,506 SH SOLE (b) 40,295,506
HSBC HLDGS PLC SPON ADR NEW 404280406 $ 495 9,775 SH SOLE 9,775
ICICI BK LTD ADR 45104G104 $ 1,705 34,200 SH SOLE 34,200
Istar Financial COM 45031U101 $ 2,020 660,000 SH SOLE 2 660,000
IWM US 10/01/10 P67 COM 464287655 $ 33,250 500,000 SH SOLE 2 500,000
LORAL SPACE &
COMMUNICATNS I COM 543881 10 6 $ 26,283 503,504 SH SOLE 2 503,504
NEW ORIENTAL ED & TECH
GRP I SPON ADR 647581107 $ 510 5,229 SH SOLE 5,229
ORBITZ WORLDWIDE INC COM 68557K109 $ 243,703 55,046,598 SH SOLE 1 (a) 55,046,598
REPUBLIC SVCS INC COM 760759100 $ 661,618 21,575,770 SH SOLE (b) 21,575,770
SANDRIDGE ENERGY INC COM 80007P307 $ 6,311 1,111,111 SH SOLE 2 1,111,111
SOHU COM INC COM 83408W103 $ 767 13,305 SH SOLE 13,305
Voting Authority
Value Shrs or SH/ Put/ Investment Other ------------------------
Name of Issuer Title of Class CUSIP (x $1000) prn amt PRN Call Discretion Managers Sole Shared None
------------------------- -------------- ----------- ---------- -------------- --- ---- ---------- -------- ------------ ------ ----
SPY US 11/20/10 C116
(CALL) COM 78462f103 $ 57,065 500,000 SH Call SOLE 2 500,000
SPY US 11/20/10 C118
(CALL) COM 78462f103 $ 57,065 500,000 SH Call SOLE 2 500,000
STANDARD PAC CORP NEW COM 85375C101 $ 14,803 3,728,834 SH SOLE 2 3,728,834
TATA MTRS LTD SPON ADR 876568 50 2 $ 5,960 233,650 SH SOLE 233,650
TEAM HEALTH HOLDINGS, INC COM 87817A 10 $ 571,740 44,286,562.51 SH SOLE 44,286,563
TRW AUTOMOTIVE HLDGS CORP COM 87264S106 $ 758,758 28,528,729 SH SOLE 28,528,729
VERSO PAPER CORP COM 92531L 10 8 $ 3,733 1,296,100 SH SOLE 2 1,296,100
TOTAL $3,031,615
(a) 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.
(b) The 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.