UPDATE 1-Blackstone quarterly profit rises on asset sales, fee revenue
Blackstone Group Inc, the world’s
largest alternative asset manager, said on Thursday
fourth-quarter distributable earnings rose 27% year-on-year, as
strong growth in its real estate and hedge funds businesses
offset declines in private equity and credit divisions.
largest alternative asset manager, said on Thursday
fourth-quarter distributable earnings rose 27% year-on-year, as
strong growth in its real estate and hedge funds businesses
offset declines in private equity and credit divisions.
Posted by Reuters
