Blackstone signage outside Blackstone Group headquarters in NYC
The Blackstone Group's headquarters in New York.
  • Blackstone is set to grant shares to workers at the businesses it buys, The Wall Street Journal reported.
  • It's set to award stock to employees at Copeland, which it bought last year for $14 billion.
  • Other private equity giants including KKR and Apollo also offer equity to portfolio companies' staff.

Blackstone is set to start granting stock to its portfolio companies' employees, The Wall Street Journal reported.

The private equity giant's plans to give equity to workers at most of the large US-based businesses it buys are expected to be announced at a conference this week.