None
EN
Blackstone Hits Dealmaking ‘Escape Velocity’
['Brian Boyle']
The Daily Upside
With more than a trillion dollars of assets under management, Blackstone is the size of a G20 nation.
But the most crucial figure might just be the still-big-but-slightly-smaller $956 million, which is what the firm earned in net realizations from investment exits.
Net realizations for Blackstone’s real estate and private credit arms accelerated 415% and 185%, respectively.
But its private equity arm’s net realizations increased just 5%.
Just over half steered toward its credit and insurance unit, while its wealth management unit drew $43 billion, its highest mark in three years.