October 27, 2017
Blackstone May Double Assets to $800 Billion in Five Years
Blackstone May Double Assets to $800 Billion in Five Years October 25, 2017 |  Erik Schatzker, Dinesh Nair, and Matthew Martin | Bloomberg Blackstone Group LP’s Steve Schwarzman said his firm may double …

Read more

Blackstone May Double Assets to $800 Billion in Five Years

October 25, 2017 |  Erik Schatzker, Dinesh Nair, and Matthew Martin | Bloomberg

Screen Shot 2017-10-27 at 8.30.27 AM

Blackstone Group LP’s Steve Schwarzman said his firm may double assets under management to $800 billion over the next five years as it expands into new investing areas.

“We have internal targets, plans, aspirations to basically double where we are, which would take us to $800 billion,” Schwarzman, the firm’s co-founder and chief executive officer, said in a Bloomberg TV interview in Riyadh on Wednesday. Asked whether the New York-based asset manager could be a trillion-dollar firm, he said: “That’s possible.”

 Demand for alternative assets such as private equity and real estate has surged. Firms have raised record amounts of money as a seven-year rally in stock markets makes public equities expensive while bond yields continue to hover near historic lows.

Read Full Article Here

 

didyouknow_sponsorfocus-green

Learn more about Blackstone Group LP on the Blue Vault Sponsor Focus page.

Click Here

 

recent-news

Blackstone making bets on permanent investment funds

Blackstone to Buy Exhibit Space Provider

Blackstone agrees to buy Singapore-listed REIT for $650 mln

 

 

Recent

Most Popular

Blue Vault Q2 2023 Performance Reports Update

Blue Vault Q2 2023 Performance Reports Update

Blue Vault Q2 2023 Performance Reports Update 10-3-2023 Blue Vault wishes to acknowledge and apologize for the delay in publishing some Q2 2023 NTR Individual Performance Pages (IPPs) as well as the full review. We recently added additional reporting metrics to our IPPs, and that, combined with coverage of all share classes and some additional…
Blue Vault Q2 2023 Performance Reports Update

Blue Vault Q2 2023 Performance Reports Update

Blue Vault Q2 2023 Performance Reports Update 9-25-2023 Blue Vault has published the Q2 2023 Nontraded BDC Industry Review as well as Individual Performance Report and Limited Operations pages for the following offerings (newly published pages in bold font): Nontraded REITS American Healthcare REIT Q2 2023 Apollo Realty Income Solutions Q2 2023 (limited operations) Ares…

Explore

Blue Vault Logo
Don’t miss alts news
and educational events

Subscribe Now