Blackstone Inc logo

Blackstone Inc

5
NYSE:BX (USA)  
$ 123.78 -0.53 (-0.43%) 10:08 PM EST
67.64
P/B:
13.77
Market Cap:
$ 93.97B
Enterprise V:
$ 114.57B
Volume:
2.02M
Avg Vol (2M):
3.78M
Also Trade In:
Volume:
2.02M
Avg Vol (2M):
3.78M

Business Description

Description
Blackstone is the world's largest alternative-asset manager with $1.040 trillion in total asset under management, including $762.6 billion in fee-earning assets under management, at the end of 2023. The company has four core business segments: private equity (22% of fee-earning AUM and 28% of base management fees), real estate (39% and 43%), credit and insurance (29% 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 in the Americas (8), Europe and the Middle East (9), and the Asia-Pacific region (8).