Blackstone reports $95bn in 2020 inflows

Alternative investment giant Blackstone reported exceptional results for the fourth quarter, punctuating an unprecedented year with $95 billion in capital inflows.

This reflects the fourth consecutive year at this current level of inflows or better for the firm, according to Stephen Schwarzman, chairman and CEO of the New York firm.

“Looking forward, we have an extraordinary range of growth initiatives across every area of the firm, with an increasing focus on perpetual capital,” he said in a statement to shareholders. “The firm ended 2020 in a position of strength and we have great confidence in . . .

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