New: The suspected shooter who opened fire at the address of Blackstone's NYC HQ is dead, according to police sources https://t.co/k0mw33gbGy ...

New: An active shooter is reported at the Manhattan tower housing Blackstone's global headquarters and the NFL, the NYPD says https://t.co/9ANEzikqWn ...

Everyone on our team is safe.Praying for everyone at Blackstone and those involved in this horrific situation. ...

An active shooter has been reported at 345 Park Ave. in Manhattan, the tower housing Blackstone's global headquarters and the National Football League, a senior official at the New York Police Department said https://t.co/U9JcR0qUTl ...

Group 1 - The article highlights the inspiring stories of billionaires and the humble beginnings they often share [1] - Notable billionaires mentioned include Sam Zell, Donald Trump, and Bill Ackman, indicating a diverse range of successful individuals [1] Group 2 - iREIT® offers in-depth research on various investment vehicles including REITs, mREITs, Preferreds, BDCs, MLPs, ETFs, Builders, and Asset Managers [2] - The iREIT® Tracker provides data on over 250 tickers, including quality scores, buy targets, and trim targets, enhancing investment decision-making [2] - A new Ratings Tracker called iREIT Buy Zone has been introduced to assist members in screening for value [2] - The company is promoting a 2-week free trial along with a free book to attract new members [4]

Core Insights - Blackstone Inc. reported better-than-expected second-quarter financial results, driven by a 25% increase in distributable earnings and robust growth across key business segments, leading to total assets under management exceeding $1.2 trillion, a new industry record [1][3]. Financial Performance - Second-quarter fiscal year segment revenues reached $3.075 billion, reflecting a 22% year-over-year increase, surpassing the analyst consensus estimate of $2.778 billion [2]. - Distributable earnings rose 25% year-over-year to $1.57 billion [2]. Business Growth - The strong performance was attributed to broad growth across private wealth, credit and insurance, and infrastructure sectors [3]. - Blackstone achieved the highest level of fund appreciation in nearly four years, indicating strong investment performance for its limited partners [3]. Market Reaction - Following the earnings announcement, Blackstone shares gained 3.6%, closing at $178.11 [4]. - Analysts adjusted their price targets for Blackstone, with Deutsche Bank raising it from $170 to $192 and Keefe, Bruyette & Woods increasing it from $168 to $180 [9].

Partnerships & Market Access - Blackstone is partnering with Wellington and Vanguard to expand access to private assets for retail investors [1] - The initiative aims to bring private assets to Main Street investors [1] Regulatory & Economic Context - The Trump administration is supporting the move to broaden investment opportunities [1] Risk Considerations - Investors should be aware of the risks associated with investing in private assets [1]

The alternative asset industry’s biggest players will likely come out on top once the US paves the way for 401(k)s to go beyond stocks and bonds, Blackstone President Jon Gray said https://t.co/hb22xJQxCy ...

Core Insights - Grupo Financiero Banorte SAB de CV (GBOOY) is currently viewed as a more attractive investment option compared to Blackstone Inc. (BX) for value investors due to its stronger earnings outlook and better valuation metrics [3][7]. Valuation Metrics - GBOOY has a forward P/E ratio of 7.81, significantly lower than BX's forward P/E of 35.89, indicating that GBOOY is potentially undervalued [5]. - The PEG ratio for GBOOY is 0.91, while BX has a PEG ratio of 1.55, suggesting that GBOOY offers better value relative to its expected earnings growth [5]. - GBOOY's P/B ratio stands at 1.84, compared to BX's P/B of 6.79, further highlighting GBOOY's favorable valuation [6]. Investment Grades - GBOOY has received a Value grade of A, while BX has been assigned a Value grade of D, reflecting the relative attractiveness of their valuations [6].

Blackstone reported that the trillion-dollar investment firm's Wall Street deal engine is revving back to life as it sees a pickup in initial public offerings and merger and acquisition transactions. "We are preparing a number of other companies for public offerings over the coming quarters," Stephen Schwarzman, Blackstone's CEO, said during the company's second-quarter earnings call on Thursday, after pointing to the investment firm's July IPO of Cirsa, a gambling company in Spain.Jon Gray, Blackstone's p ...