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The Blackstone Group L.P. Message Board

  • bluecheese4u bluecheese4u Jan 31, 2013 4:22 PM Flag

    Blackstone Reports Record Full Year Revenue, Assets Under Management, and Public Company Earnings

    Blackstone Reports Record Full Year Revenue, Assets Under Management, and Public Company Earnings

    New York, January 31, 2013: Blackstone (NYSE: BX) today reported its full year and fourth quarter 2012 results.
    Stephen A. Schwarzman, Chairman and Chief Executive Officer, said, “The fourth quarter of 2012 capped a year of record financial performance for Blackstone, with full-year revenues of over $4 billion and economic net income of $2 billion, our best results since becoming a public company over five-and-a-half years ago. We’ve generated consistently strong investment performance for our limited partner investors across market cycles since our inception 28 years ago, and 2012 was no exception, with all of our businesses beating their respective benchmarks. Our favorable performance continues to support the positive cycle of further growth, as our current investors reinvest with us and we also attract new investors around the world. For the full year we reported gross organic capital inflows of $34 billion, and returned $18 billion to our investors, resulting in record total assets under management of $210 billion, up 26% year over year.”

    blackstoneDOTcom/docs/earnings/Blackstone4Q12EarningsPressRelease.pdf

    Blackstone’s 4Q’12 Supplemental Financial Data January 31, 2013
    blackstoneDOTcom/docs/earnings/Blackstone4Q12SupplementalFinancialDataPDF.pdf

 
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