Blackstone Sees ‘Best Year Ever’ for Its IPOs as Earnings Beat
Blackstone Inc. reported a larger-than-expected jump in distributable earnings, boosted by a robust start to dealmaking before the war in Iran rattled investors.
With US markets rising and AI ventures preparing to go public, President Jon Gray predicted the firm’s “best year ever” for stock listings.
Blackstone distributable earnings rise 25%
- Blackstone beats profit estimates as inflows, asset sales rise The Globe and Mail —
- Blackstone’s first-quarter profit gets boost from investment gains CTV News —
- Blackstone’s first-quarter profit gets boost from investment gains CTV News —
- Blackstone Distributable Earnings Rise, Revenue Climbs Wall Street Journal —
- Blackstone pulls in $69bn despite slump in private capital returns Financial Times —