Blackstone Group Inc at Goldman Sachs Financial Services Conference (Virtual) Transcript

Dec 09, 2020 / 05:40PM GMT
Alexander Blostein - Goldman Sachs Group, Inc., Research Division - Lead Capital Markets Analyst

Great. Well, good afternoon, everybody for our next session. It is my pleasure to welcome Steve Schwarzman, Chairman, Founder and CEO of Blackstone. With nearly $600 billion in assets under management Blackstone remains the world's largest and most diversified alternative asset manager. Despite numerous challenges presented by the pandemic, the firm continues to generate solid investment performance, drive meaningful fundraising with over $60 billion in year-to-date capital raise and delivers product innovation across increasingly broad set of strategies at scale. We look forward to hearing from Steve how Blackstone is capitalizing on these competitive advantages as well as, of course, his insights into today's investment environment. So Steve, thank you very much for joining us again this year.

Stephen Allen Schwarzman - The Blackstone Group Inc. - Chairman, CEO & Co-Founder

Thanks a lot, Alex, and welcome to lunch for everyone. Alex and I will be working, you'll

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