Blackstone Inc. Posts Intra-Quarter Realization Update for Q4

On December 23, 2024, Blackstone Inc. (NYSE:BX) made a significant disclosure regarding its revenue expectations for the period from October 1, 2024, to December 23, 2024. According to the press release posted on Blackstone’s website at www.blackstone.com/news, the company anticipates recording total Realized Performance Revenues and total Realized Principal Investment Income in excess of $775 million for this specific timeframe.

The revenue estimate comprises approximately 95% Realized Performance Revenues and about 5% Realized Principal Investment Income. It includes revenue related to investment realizations closed during the fourth quarter and certain non-fee incentive fees that are part of the Realized Performance Revenues. The company expects other investment income to be realized by the end of the quarter.

It is important to note that this preliminary estimate is not a prediction of the total Realized Performance Revenues, Realized Principal Investment Income, or total Segment Revenues for the quarter ending December 31, 2024. The full quarter’s results may differ substantially from this preliminary estimate as it does not encompass all sources of income or potential expenses.

Blackstone is the world’s largest alternative asset manager with over $1.1 trillion in assets under management. The firm’s investment strategies cover a broad spectrum, including real estate, private equity, infrastructure, life sciences, growth equity, credit, real assets, secondaries, and hedge funds.

The forward-looking statements made by Blackstone in its announcement are subject to various risks and uncertainties. Factors beyond the company’s control could lead to actual outcomes differing from the predicted estimates. These significant factors and risks are detailed in Blackstone’s filings with the Securities and Exchange Commission (SEC).

Investors seeking further information can contact Weston Tucker at +1 (212) 583-5231 or [email protected]. Media inquiries can be directed to Matt Anderson at +1 (212) 390-2472 or [email protected].

This article was generated by an automated content engine and was reviewed by a human editor prior to publication. For additional information, read Blackstone’s 8K filing here.

About Blackstone

Blackstone Inc is an alternative asset management firm specializing in real estate, private equity, hedge fund solutions, credit, secondary funds of funds, public debt and equity and multi-asset class strategies. The firm typically invests in early-stage companies. It also provide capital markets services.