Blackstone Mortgage Trust, Inc. Q4 2025 Company Presentation FEBRUARY 2026 Blackstone Mortgage Trust, Inc. BLACKSTONE MORTGAGE TRUST OVERVIEW Blackstone Mortgage Trust (BXMT) is a publicly traded commercial mortgage REIT focused on real estate credit investments in North America, Europe, and Australia | B | X | M | T | i | d | b | B | l | k | h | l | f | i | l | l | t | t | t |  | g | g | s | m | a | n | a | e | y | a | c | s | o | n | e, | e | a | r | e | s | o | w | n | e | r | o | c | o | m | m | e | r ...

据知情人士透露，全球资产管理巨头黑石集团近日通过增持举措，显著扩大了其在AI独角兽企业 Anthropic的资本版图。根据最新消息，黑石集团(BX.US)在Anthropic正在进行的这一轮大规模融资中追 加了约2亿美元的投资，此举使其对这家OpenAI强力竞争对手的总持股额提升至10亿美元量级。 据了解，Anthropic是Claude AI模型的开发商，由于投资者需求旺盛，其最初100亿美元的融资目标已翻 了一倍多。黑石集团与Anthropic的代表均拒绝置评。此轮融资尚未正式完成，时间安排及具体条款仍 可能发生变化。 本轮融资在资本市场引发了巨大轰动，主要源于Anthropic极具扩张性的估值增速。据报道，在该轮注 资完成后，Anthropic的投后估值已飙升至3500亿美元。对比2025年9月F轮融资时的1830亿美元估值， 该公司在短短半年内实现了身价近乎翻倍的跨越式增长。 从投资渠道来看，黑石集团本次注资具有鲜明的结构化特征，其资金主要通过旗下的黑石私人股权策略 基金(Blackstone Private Equity Strategies Fund，简称BXPE)拨付。作为一只主要面向合格个人投 ...

【周三你需要知道的隔夜全球要闻：特朗普威胁或向中东再派航母打击群 芝商所将于今夏起推出个股 期货】 1、美国总统特朗普称他正在考虑，若与伊朗的谈判未能取得成果，或向中东地区再派遣一支美 国航母打击群，为可能的军事行动做准备。 2、美国总统特朗普2月10日当天表示，"伊朗不会拥有核武 器或者导弹"。 3、芝商所将于今年夏季起推出个股期货，新产品将使市场参与者能够对来自标准普尔 500指数、纳斯达克100指数和罗素1000指数的50多只美国顶级股票进行期货交易。 4、美联储洛根表 示，未来几个月如果通胀回落、劳动力市场保持稳定 就不需要进一步降息。 5、美联储哈玛克表示，美 联储的利率政策可能会"在相当长一段时间内"保持不变。当前的美联储目标利率"接近"中性水平。 6、 EIA短期能源展望报告：预计2026年布伦特原油价格为58美元/桶、WTI原油价格为53.42美元/桶。 7、 Alphabet在欧洲的债券发售累计筹集了110亿美元，使其全球债务发售总额突破300亿美元。 8、黑石集 团据称正在加大对人工智能公司Anthropic PBC的投资，按这家初创公司目前的估值计算，将其持股规 模提升至约10亿美元。 ...

Blackstone is increasing its investment in the Claude chatbot maker Anthropic, raising its stake to about $1 billion at a valuation of roughly $350 billion, a person familiar with the matter told Reut... ...

据知情人士透露，黑石集团正在加大对人工智能(AI)公司Anthropic PBC的投资，按这家初创公司目前的 估值计算，将其持股规模提升至约10亿美元。在Anthropic正在进行的融资轮中，这家全球最大的另类 资产管理公司将投资2亿美元，对Anthropic的估值以3500亿美元计。Anthropic开发Claude AI模型，在投 资者需求旺盛的推动下，该公司融资规模有望达到最初100亿美元目标的两倍以上。 来源：滚动播报 ...

黑石据悉拟向ANTHROPIC投资2亿美元。 来源：滚动播报 ...

Bloomberg Blackstone Inc. is increasing its investment in artificial intelligence firm Anthropic PBC, elevating its stake to roughly $1 billion at the startup’s current valuation, according to people familiar with the matter. The world’s largest alternative asset manager is investing $200 million at a $350 billion valuation as part of Anthropic’s ongoing funding round, according to the people, who asked not to be identified because the information is private. Anthropic, maker of the Claude AI models, has ...

PresentationGood morning, everyone. Thank you all for joining Bank of America's 34th Annual Financial Services Conference. This is Craig Siegenthaler, North American Head of Diversified Financials at BofA. And it's my pleasure to introduce Michael Chae.Craig SiegenthalerBofA Securities, Research Division So Michael is Vice Chair and the Chief Financial Officer of Blackstone. He joined Blackstone back in 1997. He served in several senior roles, including Head of International Private Equity, Head of Private ...

Summary of Blackstone's Conference Call Company Overview - **Company**: Blackstone - **AUM**: $1.3 trillion, making it the number one alternative asset manager globally [3] - **Growth**: AUM has increased by more than 15x since the 2007 IPO [3] Macro Environment - **Investment Boom**: A historic investment boom is underway, expected to lead to a productivity boom [4] - **Revenue Growth**: 9% revenue growth in corporate private equity companies in Q4, with strong margins [4] - **AI Sector**: Significant gains in AI and related infrastructure, with data center platform QTS leasing growing by 50% in 2025 [4] - **Consumer Economy**: A two-speed consumer economy is observed, with high-end consumers remaining strong [5] - **Inflation**: Inflation is under control, with stable labor costs and a balanced labor market [5] - **Corporate Confidence**: CEO optimism is at its highest in over a year, with minimal expectations of a recession [6] Investment Outlook - **Deployment Expectations**: Anticipation of a very active 2026, following a strong 2025 with $138 billion in investments [9] - **Focus Areas**: Emphasis on AI, digital infrastructure, power and electrification, and life sciences [10][11] - **Market Opportunities**: A $30 trillion market opportunity in private credit, with private markets doubling from $6-7 trillion to $13 trillion in seven years [12] Fundraising Trends - **2025 Performance**: Generated $239 billion in inflows, a 40% increase year-over-year [15] - **Institutional Inflows**: Institutional inflows increased over 50% year-over-year, with AUM in this channel exceeding $700 billion [15] - **Insurance Clients**: AUM in insurance clients grew fourfold in the last five years, reaching over $270 billion [17] - **Private Wealth**: Crossed the $300 billion milestone in private wealth, up three times in five years [18] Financial Performance - **Management Fees**: Mid-teens growth in base management fees across three of four business segments in Q4 [21] - **Transaction Fees**: Expectation of a strong year for capital markets business due to improving transaction backdrop [23] - **Net Realizations**: Anticipation of significant benefits from cyclical recovery and crystallization of incentive fees [25] Real Estate Sector - **Market Recovery**: Private real estate values have improved from the trough, with data centers and industrials showing strength [40] - **Fundraising Outlook**: Strong interest in real estate credit and improvement in BREIT flows, which was up 8.1% net in 2025 [43] - **Sector Selection**: Focus on data centers, logistics, and residential sectors, which constitute 75% of the global portfolio [45] AI Integration - **Operational Efficiency**: AI tools are enhancing efficiency across various operations, including software development and cybersecurity [46][47] - **Data Advantage**: Emphasis on proprietary private market data as a strategic advantage [48] Conclusion - **Overall Outlook**: Blackstone is positioned for strong growth across various sectors, with a robust macro environment and strategic focus on AI and private markets driving future performance [25][48]

来源：滚动播报 软件资产占黑石集团总资产的7%。 ...