Blackstone's gambling company Cirsa intends to have its shares listed on the Spanish stock market on or around July 9, it said on Tuesday after the stock market regulator CNMV authorised the planned initial public offering.
Initiating Blackstone at Strong Buy with $234 PT, citing unmatched perpetual capital model, record dry powder, and secular growth in private wealth and insurance channels. Street underappreciates Blackstone's durable, high-margin earnings engine; FRE and AUM growth are structurally embedded, not cyclical, supporting multi-year compounding. Our below-consensus EPS outlook reflects conservative realization assumptions, but BX's downside is protected by resilient margins and opportunistic capital deployment.
Patria Investments offers a focused Latam alternative asset platform, filling a gap where Blackstone has little presence. Patria mirrors Blackstone's business model but leverages local expertise and a smaller, faster-growing market for superior growth potential. Blackstone's scale and capital access are unmatched, but Patria's valuation is far more attractive for investors seeking quality at a discount.
![]() BX 4 months ago Paid | Quarterly | $1.44 Per Share |
![]() BX 8 months ago Paid | Quarterly | $0.86 Per Share |
![]() BX 11 months ago Paid | Quarterly | $0.82 Per Share |
![]() BX 26 Apr 2024 Paid | Quarterly | $0.83 Per Share |
![]() BX 2 Feb 2024 Paid | Quarterly | $0.94 Per Share |
16 Jul 2025 (In 1 week) Date | | 1.08 Cons. EPS | - EPS |
16 Apr 2025 Date | | - Cons. EPS | - EPS |
23 Jan 2025 Date | | 1.47 Cons. EPS | 1.69 EPS |
17 Oct 2024 Date | | 0.92 Cons. EPS | 1.01 EPS |
18 Jul 2024 Date | | 0.99 Cons. EPS | 0.96 EPS |
![]() BX 4 months ago Paid | Quarterly | $1.44 Per Share |
![]() BX 8 months ago Paid | Quarterly | $0.86 Per Share |
![]() BX 11 months ago Paid | Quarterly | $0.82 Per Share |
![]() BX 26 Apr 2024 Paid | Quarterly | $0.83 Per Share |
![]() BX 2 Feb 2024 Paid | Quarterly | $0.94 Per Share |
16 Jul 2025 (In 1 week) Date | | 1.08 Cons. EPS | - EPS |
16 Apr 2025 Date | | - Cons. EPS | - EPS |
23 Jan 2025 Date | | 1.47 Cons. EPS | 1.69 EPS |
17 Oct 2024 Date | | 0.92 Cons. EPS | 1.01 EPS |
18 Jul 2024 Date | | 0.99 Cons. EPS | 0.96 EPS |
Asset Management Industry | Financial Services Sector | Stephen Allen Schwarzman CEO | XBER Exchange | US09260D1072 ISIN |
US Country | 4,895 Employees | - Last Dividend | - Last Split | - IPO Date |
Founded in 1985 and headquartered in New York, New York, Blackstone Inc. is a leading alternative asset management firm with a broad portfolio of investment strategies and a global presence. With additional offices across Asia, Europe, North America, and Central America, the firm has established itself as a major player in the investment world, focusing on a range of sectors such as real estate, private equity, hedge funds, credit, and more. Blackstone Inc. is renowned for its ability to invest in early-stage companies, provide comprehensive capital markets services, and manage a diverse array of asset classes, making it a versatile and powerful financial institution.
Blackstone's real estate segment is particularly noted for its focus on opportunistic, core+ investments, and debt opportunities collateralized by commercial real estate. The firm operates globally, targeting stabilized income-oriented commercial properties across North America, Europe, and Asia.
Its corporate private equity business is active worldwide, engaging in large buyouts, special situations, distressed mortgage loans, mid-cap buyouts, and buy and build platforms. These involve multiple acquisitions under a singular management team and platform, aiming for significant majority or minority investments in operating companies across various sectors including healthcare, financial services, technology, and consumer markets.
Blackstone manages a wide range of commingled and customized fund solutions through its hedge fund business. This includes investments in a broad spectrum of strategies to cater to the diverse needs of its clients.
The firm’s credit business focuses on investments across the capital structure of non-investment grade companies. This includes senior debt, subordinated debt, preferred stock, and common equity, offering a comprehensive range of credit solutions to its clients.
Blackstone provides innovative investment solutions through its secondary funds of funds, offering investors exposure to a diversified portfolio of assets.
Investing across public debt and equity markets, Blackstone seeks opportunities that offer attractive risk-adjusted returns for its investors, leveraging its extensive market research and risk management capabilities.
The firm offers multi-asset class strategies, providing clients with a broad mix of equity and fixed income securities to meet their diverse investment objectives and risk tolerance.
Apart from its investment activities, Blackstone also provides a range of capital markets services. These include facilitating access to capital for corporations, optimizing their capital structure, and assisting in the execution of institutional trading strategies.