October 31, 2016
Schwarzman: Blackstone an ‘army that’s moving forward on all fronts’
Schwarzman: Blackstone an ‘army that’s moving forward on all fronts’ Thursday, October 27, 2016 1:38 PM ET | By Matt Blumenfeld | S&P Global Research Even as its mountain of dry powder …

Read more

Schwarzman: Blackstone an ‘army that’s moving forward on all fronts’

Thursday, October 27, 2016 1:38 PM ET | By  | S&P Global Research

Even as its mountain of dry powder grows to more than $100 billion, alternative asset manager Blackstone Group LPexpects more capital to flood in as institutional and retail investors alike seek better returns.

The company saw new capital inflows of $14.7 billion in the third quarter, President and COO Tony James said during a call to discuss earnings. Blackstone has raised a total of $53 billion thus far in 2016 and its uncalled capital broke the $100 billion mark in the third quarter.

The influx is not likely to slow down any time soon, as Blackstone is working to attract investors of all types into an array of products, Chairman and CEO Stephen Schwarzman said. The safety and high return provided by alternatives, as well as the fact that investors simply have no place to go when interest rates are so low and equity markets are flat, stands to benefit Blackstone.

“We’ll be like an army that’s moving forward on all fronts,” Schwarzman said.

Read Full Article Located Here

Recent

Continuous Offering NTR NAV and Return Data

Continuous Offering NTR NAV and Return Data

Blue Vault was built on the belief that transparency, education and access are the essential ingredients for wealth advisors to bring alts to the forefront of their practices.

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