- Blackstone’s assets under management totaled $1.00 trillion, a 6.4% increase from the same time last year.
- Real estate assets under management totaled $333.24 billion, a 4.1% increase from the same time last year.
- Private equity assets under management totaled $295.29 billion, a 7% increase from the same time last year.
- Hedge fund solutions assets under management totaled $78.24 billion, a 2.3% decrease from the same time last year.
- Credit and insurance assets under management totaled $294.58 billion, an 11% increase from the same time last year.
- Distributable income/share was 93c compared to $1.49 from the same time last year.
- Total segment revenue was $2.35 billion, a 43% decrease from the same time last year.
- Fee-related earnings were $1.14 billion, a 12% increase from the same time last year.
- Fee-related earnings per share were 94c compared to 84c from the same time last year.
- Inflows were $30.12 billion.
- Outflows were $12.90 billion.
- Total dry powder was $194.5 billion.
- Realizations were $17.2 billion.
- Deployment was $19.5 billion.
- Net realizations were $202.6 million, a 85% decrease from the same time last year.
- Chairman and CEO Schwarzman commented that Blackstone is the first alternative manager to surpass $1 trillion of assets under management.
A look at Blackstone Group Smart Scores
The Blackstone Group Inc. is an investment company that has been providing customers with real estate, hedge funds, private equity, leveraged lending, senior debts, and rescue financing solutions for many years. According to the Smartkarma Smart Scores, the long-term outlook for the company is looking positive. Blackstone Group scored a 5 in Momentum, a 3 in Dividend, Growth, and Resilience, and a 2 in Value.
These scores indicate that the company is well-positioned for the future, and investors can have confidence in the company’s ability to deliver returns. Blackstone Group is set to continue to provide customers with exceptional services and solutions for years to come.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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