Blackstone, Carlyle jumps as 401(k) rule opens $14T opportunity
Shares of alternative asset managers, including Blackstone Inc. and The Carlyle Group, moved higher on Monday after the Trump administration unveiled a long-awaited proposal that could expand access to private markets and cryptocurrencies within US retirement accounts. The proposed rule, issued by the US Department of Labor, aims to ease longstanding barriers that have limited the inclusion of alternative assets in 401(k) plans.
David Blitzer and Blackstone-backed group snaps up Indian cricket franchise for $1.8 billion
A consortium comprising serial American sports investor David Blitzer, private equity firm Blackstone, and two Indian investors has acquired cricket franchise Royal Challengers Bengaluru. Diageo-owned United Spirits sold its Indian Premier League franchise, RCB, to the consortium for nearly $1.78 billion.
These 2 Finance Stocks Could Beat Earnings: Why They Should Be on Your Radar
Investors looking for ways to find stocks that are set to beat quarterly earnings estimates should check out the Zacks Earnings ESP.
Will Blackstone's Rising AUM Balance Aid Long-Term Earnings Growth?
BX's AUM reaches a record $1.27T after years of strong inflows, boosting fee-generating capital and long-term earnings potential despite private credit concerns.
Bosa/Wu: Private equity is about to eat its own software portfolio
Anthropic is in talks with Blackstone and other private equity firms to form a joint venture that would embed its AI across their portfolio companies, The Information reported. Diversified PE firms like Blackstone have every incentive to cut software spending across hundreds of companies.
Blackstone Stock Falls To 52-Week Low: Here's Why
Blackstone Inc (NYSE: BX) shares are trading lower on Thursday after Morgan Stanley became the latest major Wall Street firm to restrict withdrawals at one of its private‑credit funds.
Private equity stocks down 30-40% in three months, bigger worry than geopolitical risk
John Davies, CIO at Astoria Portfolio Advisors, isn't losing sleep over geopolitical headlines.
Premium Valuation: Should Investors Still Consider Blackstone Stock?
On the basis of valuation, shares of Blackstone Inc. BX appear to be trading at a premium relative to the industry. The company's forward 12-month price/earnings (P/E) ratio of 16.48 is above the industry average of 9.87.
Oaktree's Howard Marks says there's no systemic problem with private credit
Marks said any risk stems from the pace of expansion in direct lending, which has ballooned to a market now exceeding $1 trillion since inception around 2011.
A Blackstone executive made a revealing comment about the state of private credit
A Blackstone executive made a revealing comment about the state of private credit. Analysts are now reverse engineering its implications.
Blackstone Played Down Private-Credit Risks. Now It's Been Hit.
Outflows topped inflows by a record $1.7 billion in Blackstone's huge $82 billion private-credit fund in its latest quarter.
Blackstone said its flagship private-credit fund saw heavy outflows
Blackstone said it redeemed more investments than usual in its flagship private-credit fund, in another sign of the stress the industry is facing.
