Blackstone AUM soars 42% in 2021

Blackstone () reported its fourth-quarter earnings today, and thanks to $270 billion in inflows, the firm saw its assets under management rise by 42% to $881 billion.

Stephen Schwarzman, chairman and CEO, said this marked the alternative investment powerhouse’s fastest growth rate in over a decade.

“Outstanding investment performance and the power of our brand are leading to share gains in multiple customer channels, driving exceptional earnings momentum for our shareholders,” Schwarzman said in a statement.

Looking at 2021 inflows, credit and insurance led the way with $129 billion, followed by real . . .

Continue Reading

Unlock this article instantly, along with the rest of our premium content, newsletters and data tables tracking investor and manager activity. Monthly and annual subs available. Research articles require an Annual sub.

Get started

Related Articles

Back to top button

Start Your Days in the Know

 

Get fresh alts intel in your inbox with our FREE newsletter!

You have Successfully Subscribed!