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Blackstone Inc - BX STOCK NEWS

Welcome to our dedicated news page for Blackstone (Ticker: BX), a resource for investors and traders seeking the latest updates and insights on Blackstone.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Blackstone's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Blackstone's position in the market.

Rhea-AI Summary
Blackstone (BX) acquires Power Grid Components, Inc. from Shorehill Capital LLC. PGC is a leading designer and manufacturer of critical components for electrical substations, essential for managing power flows and supporting renewable energy deployment. PGC's CEO and senior leaders will remain with the business. Blackstone sees tremendous growth potential for PGC and plans to capitalize on the opportunities within the U.S. electrical grid.
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-0.23%
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Blackstone (BX) closes $2.6 billion for its latest real estate secondaries fund, Strategic Partners Real Estate VIII L.P., and related program vehicles. The company's Global Head of Strategic Partners, Verdun Perry, expressed gratitude to investors and commitment to generating strong risk-adjusted returns. Mark Burton, Senior Managing Director, highlighted the company's substantial scale and private market footprint, positioning them to capitalize on growing opportunities in the real estate secondaries market.
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0.9%
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Blackstone (BX) to Present at Goldman Sachs 2023 US Financial Services Conference
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1.42%
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NiSource Receives FERC Approval for Acquisition of 19.9% Equity Interest in NIPSCO Subsidiary by Blackstone Infrastructure Partners
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0.21%
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Public Storage completes acquisition of Simply Self Storage for $2.2 billion
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-0.04%
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Pentera named a top 10 fastest growing private cybersecurity company on the Inc. 5000 for 2023
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0.19%
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Blackstone integrates corporate credit, asset-based finance, and insurance groups into Blackstone Credit & Insurance (BXCI). Credit and Insurance is Blackstone’s fastest-growing segment, doubling to $295 billion in assets under management in the last three years. The new structure aims to accelerate growth and provide a seamless experience for clients and borrowers. Gilles Dellaert named Global Head of BXCI, Dwight Scott named Chairman. Steve Schwarzman expects BXCI and Real Estate Credit to reach $1 trillion in the next ten years. Major new partnerships include Corebridge, Everlake, Resolution Life, and F&G Annuities & Life. The combined BXCI team aims to deliver the best of Blackstone to investors and borrowers. Integration of credit and insurance groups and anticipated growth potential.
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0.19%
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Realty Income to invest $950M in joint venture for The Bellagio Las Vegas, acquiring 21.9% interest
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0.65%
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Blackstone's Tactical Opportunities business closes BTO IV fund, raising $5.2 billion. BTO IV platform expected to have nearly $10 billion of new capital. Tac Opps has $34 billion AUM, largest opportunistic investment platform. BTO IV has made notable investments in CoreWeave and New Tradition.
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0.07%
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Blackstone closes its energy transition credit fund, BGREEN III, at $7.1 billion, the largest ever raised. The fund will focus on providing private credit to the renewable energy, infrastructure, and energy transition marketplace.
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0.11%
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Blackstone Inc

NYSE:BX

BX Rankings

BX Stock Data

149.63B
711.09M
1.02%
71.19%
2.55%
Portfolio Management
Finance and Insurance
Link
US
New York

About BX

blackstone is the world’s largest alternative asset manager. we seek to create positive economic impact and long-term value for our investors, the companies we invest in, and the communities in which we work. we do this by using extraordinary people and flexible capital to help companies solve problems. our $731 billion in assets under management include investment vehicles focused on private equity, real estate, public debt and equity, infrastructure, life sciences, growth equity, opportunistic, non-investment grade credit, real assets and secondary funds, all on a global basis. further information is available at www.blackstone.com. follow blackstone on twitter @blackstone.