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Blackstone (STU:BBN1) Cash, Cash Equivalents, Marketable Securities


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Blackstone (STU:BBN1) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Blackstone Inc (STU:BBN1) » Definitions » Cash, Cash Equivalents, Marketable Securities
Traded in Other Exchanges
Address
345 Park Avenue, New York, NY, USA, 10154
Blackstone is the world's largest alternative asset managers with $1.001 trillion in total asset under management, including $731.1 billion in fee-earning asset under management, at the end of June 2023. The company has four core business segments: private equity (23% of fee-earning AUM and 27% of base management fees); real estate (39% and 44%); credit & insurance (28% and 21%); and hedge fund solutions (10% and 8%). While the firm primarily serves institutional investors (87% of AUM), it also caters to clients in the high-net-worth channel (13%). Blackstone operates through 25 offices located in the Americas (8), Europe and the Middle East (9), and the Asia-Pacific region (8).