BlackStone Q2 2024 Earnings Report
Key Takeaways
Blackstone reported strong second quarter results, with nearly $40 billion in inflows and $34 billion in deployment, marking the highest level of investment activity in two years. The company is focused on penetrating markets with enormous potential, particularly through large-scale investments in critical digital and energy infrastructure supporting the artificial intelligence revolution.
Total Assets Under Management (AUM) increased to $1.076 trillion, up 7% year-over-year.
Inflows of $39.4 billion were recorded in the quarter, bringing LTM inflows to $151.5 billion.
Deployment reached $33.7 billion in the quarter and $101.8 billion over the LTM.
Distributable Earnings (DE) of $1.3 billion ($0.96/share) were generated in the quarter.
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BlackStone Revenue by Segment
Forward Guidance
This document contains forward-looking statements subject to risks and uncertainties detailed in the company's filings with the SEC. These statements reflect current views and the company undertakes no obligation to update them.
Revenue & Expenses
Visualization of income flow from segment revenue to net income