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Private equity

Blackstone

8 linked company profiles · 8 dated disclosures in this directory.

About this investor

Blackstone's private equity and real estate fund investments here include Haven, Warner Hotels, Village Hotels, Merlin Entertainments, iQ student housing, Mileway, The Arch Company and AirTrunk. [1][2][3][4][5][6][7][8]

These are selected investments, rather than a complete portfolio or legal parent register. A fund, its investors, an acquisition vehicle and the manager's own corporate ownership can be different relationships. Each card retains the date and individual or collective stake definition. Merlin operates attractions including Alton Towers, Thorpe Park and LEGOLAND Windsor; this does not establish ownership of the LEGO toy brand. Mileway and The Arch Company are property investments with separately owned tenants. [9][10][11][12]

Each card names the entity invested in. Linked companies and brands can sit below that entity. Stakes use the source’s definition and date; disclosures are selected and do not give a complete portfolio or investor register. Read the investor methodology.

Disclosed holdings & backing

Fund investment

AirTrunk consortium acquisition

Consortium acquisition; individual stake not supplied

Completion announcement dated ·

This was a completed acquisition from Macquarie-managed investment interests. The consortium’s interest is not a verified individual Blackstone stake, and these sources do not establish a UK operating footprint.

Evidence · 1 source
Fund investment

Haven holiday parks business

Majority fund investment; exact current percentage not verified

Ownership evidence checked ·

The original Bourne Leisure acquisition included Blackstone-managed funds and a founding-family minority. Current Haven evidence supports majority ownership; the exact present split is not assigned.

Ownership & related brands

Evidence · 3 sources
Fund investment

iQ Student Accommodation business

100% · Blackstone-managed funds, disclosed May 2023

Company stake disclosure dated ·

The company confirmed its acquisition in May 2020 and reported 100% fund ownership in May 2023. The numerical disclosure retains that date; it is not 100% direct ownership by Blackstone Inc.

Ownership & related brands

Evidence · 2 sources
Fund investment

Merlin Entertainments consortium investment

Consortium investment with KIRKBI and CPP Investments

Ownership evidence checked ·

The consortium includes KIRKBI, Blackstone-managed funds and CPP Investments. A combined consortium interest is not an individual Blackstone stake. Merlin operates LEGOLAND attractions; that relationship does not establish Blackstone ownership of the LEGO toy brand or of every licensed character’s intellectual property.

Evidence · 3 sources
Fund investment

Mileway logistics property platform

Managed-fund investment; exact platform stake not verified

Ownership evidence checked ·

The 2022 recapitalisation and a 2026 company property disclosure support Blackstone fund involvement. Platform investment does not establish ownership of every individual property vehicle, and leasing a warehouse does not make its tenant a Blackstone-owned business.

Ownership & related brands

Evidence · 2 sources
Disclosed backing

The Arch Company property investment structure

Disclosed investment involvement; current split unresolved

Ownership evidence checked ·

The original transaction described an equal partnership with Telereal Trillium. The May 2026 privacy policy names TT CDR Assetco and BX CDR Holdco as JV entities and references Blackstone, but it is not a clear current shareholder table. The historical 50/50 split is not carried forward as a verified current stake. Tenant businesses have separate owners.

Evidence · 2 sources
Fund investment

Village Hotels business

Real estate fund acquisition; exact percentage not supplied

Acquisition announcement dated ·

The announcement confirms a completed acquisition, rather than an agreement alone. It does not supply a numerical individual fund stake.

Ownership & related brands

Evidence · 1 source
Fund investment

Warner Hotels business

Fund investment; exact current stake not verified

Ownership evidence checked ·

Blackstone’s current director biography includes Warner Hotels. The business adopted its current name in 2024; Warner Leisure Hotels is retained as a former-name alias. A current exact ownership percentage is not established.

Ownership & related brands

Evidence · 3 sources
Former holdings & portfolio changes
  • Center Parcs UK and Ireland

    Brookfield's current portfolio dates its investment to 2015. The UK/Ireland business is included under Brookfield, rather than as a current Blackstone holding. [13]

  • Warner Hotels

    Warner Leisure Hotels adopted the Warner Hotels name in 2024. Blackstone's current director biography supports a continuing investment relationship. [2][14]

  • The Arch Company

    The original deal described an equal partnership with Telereal Trillium. The May 2026 company policy references Blackstone and names TT CDR Assetco and BX CDR Holdco, but is not a clear current shareholder table. The historical 50/50 split is not assigned as a verified current stake. [7][12]

  • AirTrunk

    The Blackstone-led consortium with CPP Investments completed its acquisition in December 2024, replacing the former Macquarie investment. Individual investor percentages and a UK operating footprint are not established. [8]

  • Bourne Leisure's original brands

    The 2021 acquisition announcement is a historical brand list. It is not used to claim continuing ownership of every originally acquired brand, including Butlin's. [15]

About & portfolio changes: sources · 15

Research reviewed . Sources for individual investments are included on their disclosure cards.

  1. 01
    Haven business and ownership (opens in a new tab)

    Haven · Current business page: majority Blackstone ownership since 2021

    Accessed 9 Oct 2026
  2. 02
    Alexander Walsh: current board roles (opens in a new tab)

    Blackstone · Current director of Haven Holidays and Warner Hotels

    Accessed 9 Oct 2026
  3. 03
    Village Hotels acquisition completed (opens in a new tab)

    Blackstone · June 2024: real estate funds complete acquisition from KSL

    Accessed 9 Oct 2026
  4. 04
    Merlin: current Blackstone investment (opens in a new tab)

    Blackstone · Current investments include Merlin Entertainments

    Accessed 9 Oct 2026
  5. 05
    iQ acquisition completed (opens in a new tab)

    iQ Student Accommodation · 15 May 2020: acquisition completion

    Accessed 9 Oct 2026
  6. 06
    Mileway recapitalisation (opens in a new tab)

    Blackstone · 2022 fund recapitalisation of Mileway

    Accessed 9 Oct 2026
  7. 07
    Railway commercial estate acquisition agreement (opens in a new tab)

    Blackstone · 2018 agreement: equal partnership with Telereal Trillium

    Accessed 9 Oct 2026
  8. 08
    AirTrunk acquisition completed (opens in a new tab)

    AirTrunk · 23 December 2024 announcement: Blackstone-led consortium and CPP Investments completed acquisition

    Accessed 9 Oct 2026
  9. 09
    Merlin investment consortium (opens in a new tab)

    Blackstone · 2019 offer: KIRKBI, Blackstone-managed funds and CPP Investments

    Accessed 9 Oct 2026
  10. 10
    Merlin attractions and brands (opens in a new tab)

    Merlin Entertainments · Current attraction list, including UK theme parks, SEA LIFE, Madame Tussauds and London Eye

    Accessed 9 Oct 2026
  11. 11
    Mileway Sheffield warehouse letting (opens in a new tab)

    Mileway · 29 June 2026: property owned by opportunistic funds managed by Blackstone; Go Interiors is tenant

    Accessed 9 Oct 2026
  12. 12
    The Arch Company group disclosure (opens in a new tab)

    The Arch Company · Updated 6 May 2026: TT CDR Assetco and BX CDR Holdco JV entities; Blackstone references; landlord scope

    Accessed 9 Oct 2026
  13. 13
    Brookfield real estate portfolio (opens in a new tab)

    Brookfield · Current portfolio: Center Parcs UK/Ireland since 2015; Canary Wharf Group with Qatar Investment Authority

    Accessed 9 Oct 2026
  14. 14
    Warner Hotels brand identity (opens in a new tab)

    Warner Hotels · 2024 rebrand from Warner Leisure Hotels to Warner Hotels

    Accessed 9 Oct 2026
  15. 15
    Bourne Leisure acquisition (opens in a new tab)

    Blackstone · 2021: Blackstone-managed funds acquire majority; founding families retain a minority; original brand list is historical

    Accessed 9 Oct 2026