The recent information related to
Blackstone Inc. (BX) alludes to mixed sentiments. On one hand, several asset management firms like
South Street Advisors,
Kentucky Retirement Systems,
Sargent Investment Group, and
WealthPLAN Partners have decreased their holdings in BX. On the other hand, firms like
KBC Group,
KCM Investment Advisors,
First Long Island Investors, and
Assetmark Inc. have increased their holdings considerably. The
Chief Legal Officer of Blackstone also sold 29% of their shares. Blackstone is also reportedly in discussions to acquire minority stake in
American I and is in the process of acquiring
Retail Opportunity Investments Corp. It successfully
closed its first series of Evergreen Institutional U.S. Direct Lending Fund and reportedly has a plan to acquire
U.S pipeline stakes from EQT. Blackstone's Q3 2024 Earnings highlighted
record fee-earning AUM and strategic growth. Despite these strategic moves, the company made some personnel changes like the resignation of a
board member and some significant
leadership changes.
Blackstone BX News Analytics from Wed, 14 Feb 2024 08:00:00 GMT to Sat, 16 Nov 2024 16:37:51 GMT -
Rating 3
- Innovation 2
- Information -1
- Rumor -6
