Blackstone (NYSE: BX) announced today that private equity funds affiliated with Blackstone (“Blackstone”) have entered into a definitive agreement to make a significant investment in FUTRONIC (“FUTRONIC” or “the Company”), a leading supplier of high-precision actuators serving the global automotive and industrial robotics industries. Today, it plays a critical role in early-stage engineering with its customers across broader mobility end-markets, including humanoids and general robotics. FUTRONIC represents the very best of Korea’s mechatronics industry, with impressive R&D and engineering capabilities that position it well for rapid growth across automotive and robotics markets. Blackstone seeks to deliver compelling returns for institutional and individual investors by strengthening the companies in which the firm invests. Blackstone’s over $1.3 trillion in assets under management include global investment strategies focused on real estate, private equity, credit, infrastructure, life sciences, growth equity, secondaries and hedge funds.