Core Viewpoint - Blackstone reported a record high asset management scale of $1.2 trillion, reflecting a year-on-year growth of 13% and strong investment returns for limited partners [3][8][10]. Fundraising Performance - In the past twelve months, Blackstone achieved a net inflow of $212 billion, with $52 billion coming from limited partners in Q2 2025, indicating robust fundraising performance [6]. - The private wealth segment has grown to nearly $280 billion, with a 30% year-on-year increase in fundraising to $10 billion in Q2 [6]. Asset Management Growth - Blackstone's credit business has tripled in size over the past five years to $48.4 billion, while assets managed for insurance companies exceeded $250 billion, growing by 20% year-on-year [8]. - The management fees and advisory fees netted $2.02 billion in Q2, a 13% increase compared to the previous year [8]. Investment Activity - Blackstone invested $33 billion in Q2, focusing on long-term trends in sectors such as digital and energy infrastructure, digital commerce, private credit, life sciences, and the Indian market [8]. - Over the past twelve months, Blackstone's total investment reached $145 billion, marking one of the most active investment periods in its history [8]. Future Outlook - Blackstone's leadership believes the current environment presents a window of investment opportunities, with a resurgence in M&A and IPO activities anticipated due to lower short-term interest rates and reduced uncertainty [9][13]. - The company has the largest IPO project pipeline since 2021, with confidence in future growth driven by strong growth engines [14].
黑石返现100亿