As one of the world’s largest asset managers, overseeing $1.1 trillion in investments, Blackstone takes CEO appointments at ...
Private markets are set to see trillions of dollars of inflows as wealthy individuals gain greater access to an industry once ...
Blackstone joins other big investors such as ARCH Venture Partners and Bain Capital Life Sciences in pumping billions of ...
The firm is sticking with the strategy, which includes backing data centers, after it drove near-record earnings.
Stephen A. Schwarzman-led Blackstone also signed the largest Manhattan office lease of 2024 at Rudin’s 345 Park Ave.
Net income for the quarter totaled $1.3 billion, or $0.92 per share, in a 1,120% increase from $109 million a year earlier.
Citi analyst Christopher Allen raised the firm’s price target on Blackstone (BX) to $190 from $170 and keeps a Neutral rating on the shares.
Blackstone Inc. secured US$630m from a fundraising effort targeting wealthy Canadian investors, increasing assets in its ...