Blackstone reported a remarkable finish to a record-breaking year with strong fourth quarter results. The company's limited partners entrusted them with $270 billion of inflows in 2021, with assets under management rising 42% to $881 billion.
Fee Related Earnings (FRE) of $1.8 billion ($1.52/share) in the quarter, up 144% year-over-year.
Distributable Earnings (DE) of $2.3 billion ($1.71/share) in the quarter, up 55% year-over-year.
Total Assets Under Management (AUM) of $880.9 billion, up 42% year-over-year.
Inflows of $154.8 billion in the quarter.
The document does not contain specific forward guidance, but it expresses optimism about future performance.
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