- Blackstone, the nation’s largest PE fund and investor in alternative assets, is down nearly 20% year to date. The PE industry is struggling to exit deals and reap profits from sales. Fee income is going fine.
- See Insider Monkey “Blackstone vs BlackRock — Who Has the Edge?” https://lnkd.in/gtsekN39
- Blackstone is looking to bring Clairon Events to market. It bought the firm for 600 million pounds in 2017 and is looking to exit for nearly 2 billion pounds. A long hold period.
Recommended Books and Leaders
A business and a performance book that we recommend. Zero to One by Peter Thiel