Blackstone
About: Blackstone is the world's largest alternative-asset manager with $1.108 trillion in total asset under management, including $820.5 billion in fee-earning assets under management, at the end of September 2024. The company has four core business segments: private equity (25% of fee-earning AUM and 30% of base management fees), real estate (35% and 39%), credit and insurance (31% and 24%), and multi-asset investing (9% and 7%). While the firm primarily serves institutional investors (87% of AUM), it also caters to clients in the high-net-worth channel (13%). Blackstone operates through 25 offices in the Americas (8), Europe and the Middle East (9), and the Asia-Pacific region (8).
Employees: 4,895
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
299% more first-time investments, than exits
New positions opened: 287 | Existing positions closed: 72
41% more funds holding in top 10
Funds holding in top 10: 75 [Q3] → 106 (+31) [Q4]
15% more capital invested
Capital invested by funds: $76.7B [Q3] → $88B (+$11.2B) [Q4]
9% more funds holding
Funds holding: 1,917 [Q3] → 2,098 (+181) [Q4]
1% more repeat investments, than reductions
Existing positions increased: 763 | Existing positions reduced: 753
0.41% more ownership
Funds ownership: 70.24% [Q3] → 70.65% (+0.41%) [Q4]
22% less call options, than puts
Call options by funds: $2.68B | Put options by funds: $3.43B
Research analyst outlook
11 Wall Street Analysts provided 1 year price targets over the past 3 months
11 analyst ratings
JMP Securities Brian McKenna 7% 1-year accuracy 1 / 15 met price target | 12%upside $165 | Market Outperform Reiterated | 24 Apr 2025 |
UBS Brennan Hawken 70% 1-year accuracy 21 / 30 met price target | 19%upside $175 | Buy Maintained | 22 Apr 2025 |
Keefe, Bruyette & Woods Michael Brown 38% 1-year accuracy 9 / 24 met price target | 5%downside $139 | Market Perform Maintained | 22 Apr 2025 |
Barclays Benjamin Budish 72% 1-year accuracy 96 / 134 met price target | 7%downside $136 | Equal-Weight Maintained | 21 Apr 2025 |
Morgan Stanley Michael Cyprys 50% 1-year accuracy 15 / 30 met price target | 2%upside $150 | Overweight Maintained | 14 Apr 2025 |
Financial journalist opinion
Based on 42 articles about BX published over the past 30 days
