‘I don’t expect a Blackstone stadium any time soon,’ president and COO Jonathan Gray says on the firm's Q3 2025 earnings call.
The unit will sit within the firm's $280bn private wealth business and focus on broadening retirement savers’ access to private markets.
Blackstone is bullish on the region and believes it will benefit from geopolitical uncertainty, say Steve Schwarzman and Jon Gray.
The firm remains ‘very, very focused’ on the performance of Fund VIII, which closed below target in 2023.
The US presidential election result drew an ‘unexpectedly strong’ reaction from the market, according to chief executive Harvey Schwartz.
GPs are finding more varied ways to provide liquidity to their LPs, according to Capstone’s latest Liquidity Solutions Survey.