Gate News message, April 24 — Blackstone reported first-quarter earnings of $1.76 billion, up 25% year-over-year and exceeding analyst expectations. The firm deployed nearly $36 billion in capital during the quarter and drew $68.5 billion from investors.
Private equity distributable earnings surged 75% to $985 million, while credit and insurance earnings declined 26% to $373 million. Blackstone Credit and Opportunities Fund (BCRED) processed $3.8 billion in redemptions last month, representing 7.9% of net assets, and Blackstone shares fell as much as 5.4%.
The firm has filed documents for nine initial public offerings across the United States, Europe, and Asia. Blackstone’s strong private equity performance reflects its strategic focus on AI infrastructure, including data center operators, power systems, and GPU infrastructure providers. The firm acquired QTS Data Centers in 2021; since then, leased capacity has increased 14-fold, with QTS now accounting for 20.4% of real estate asset value in Blackstone Real Estate Income Trust (BREIT).
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
TradFi Fall Alert: ZHIPU (ZhiPu 02513.HK) Falls Over 4%
Gate News: According to the latest Gate TradFi data, ZHIPU (ZhiPu 02513.HK) has dropped by 4% in a short period. Current volatility is significantly higher than recent averages, indicating increased market
GateNews2m ago
Iran Proposes Priority Agreement on Strait of Hormuz, Delays Nuclear Talks with U.S.
Gate News message, April 27 — Iran has proposed a new initiative to the United States prioritizing an agreement on reopening the Strait of Hormuz and lifting maritime blockades, while postponing nuclear negotiations to a later stage, according to AXIOS citing a U.S. official and two informed sources
GateNews2h ago
DOJ Drops Probe into Powell, Clearing Path for Crypto-Friendly Kevin Warsh to Lead Fed
Gate News message, April 26 — The U.S. Department of Justice has dropped its criminal investigation into Federal Reserve Chair Jerome Powell, clearing the way for the Senate to confirm Kevin Warsh as the next Fed chair. U.S. Attorney for the District of Columbia Jeanine Pirro announced the
GateNews2h ago
JPMorgan: Tokenization Will Transform Funds Industry, But 'Good Use Cases' Still Years Away
Gate News message, April 26 — JPMorgan's global head of ETF product, Ciarán Fitzpatrick, said on Friday that tokenization will drive change across the entire funds industry, not just ETFs. "We believe tokenization will certainly drive how the market changes, not just for ETFs but across the funds in
GateNews2h ago
UTXO Management Launches Dual-Category Digital Credit Yield Funds
UTXO Management announced the formation of the UTXO Preferred Income Strategies LP, issuing a dual-class digital credit income fund, divided into a senior income class and a total return class. The former seeks steady cash flow, monthly distributions, and enjoys priority allocations; the latter uses leverage to pursue capital appreciation. It also issued STRC preferred securities, combining fixed-income and digital asset exposure, offered only in a private placement to qualified investors.
ChainNewsAbmedia3h ago
U.S. Stock Index Futures Open 0.2% Lower on Monday
Gate News message, April 26 — U.S. stock index futures opened 0.2% lower on Monday (April 21), according to Gate's market data.
GateNews3h ago
