Blackstone (BX) continues to demonstrate strong
performance, with returns of
308% over the last five years. A recent
senior notes offering raised $750M at a 5% yield through 2034. Growing interest from players like
Royal London Asset Management and
Quantinno Capital Management implies confidence in Blackstone’s growth strategy. Concurrently,
acquisition news such as an $8bn deal for Jersey Mike's Subs and a $24bn AirTrunk transaction indicate ample
investing activity and dealmaking capabilities. Blackstone's consistent AUM growth further indicates a healthy financial standing. Despite potential concerns over bubbling valuation, Blackstone's consistent track record and recent moves to secure the
infrastructure loan portfolio from Santander are promising. The firm's commitment to
private credit and securitization markets, signaled by the $300m backing of Brigade, indicates an extension beyond traditional private equity. Blackstone has witnessed strong
inflows from various institutions and continues to diversify its portfolio, recently taking Retail Opportunity Investments private in a $4bn deal while its asset management division soared to record highs. Amid this, there were also leadership transitions and board member resignations observed.
Blackstone BX News Analytics from Wed, 20 Mar 2024 20:34:54 GMT to Sat, 07 Dec 2024 12:20:46 GMT -
