Crestwood says Blackstone and GSO buy stake in firm

NEW YORK, June 25 (Reuters) - Crestwood Midstream Partners LLC, a private firm focused on buying energy assets, said on Wednesday that Blackstone Group (BX.N) and GSO Capital Partners have purchased a stake in the company.

In addition, Crestwood said Blackstone and GSO, which Blackstone owns, have joined with investment firm Kayne Anderson and Crestwood Management LLC to invest $500 million in Crestwood to help it pursue acquisitions. (Reporting by Dane Hamilton, editing by Dave Zimmerman) (Reuters email: dane.hamilton@thomsonreuters.com. 646 223 6161)