{"id":17704,"date":"2017-10-27T08:42:34","date_gmt":"2017-10-27T12:42:34","guid":{"rendered":"https:\/\/qa.bluevaultpartners.com\/?post_type=news&p=17704"},"modified":"2017-10-27T08:44:14","modified_gmt":"2017-10-27T12:44:14","slug":"blackstone-may-double-assets-to-800-billion-in-five-years","status":"publish","type":"post","link":"https:\/\/qa.bluevaultpartners.com\/blackstone-may-double-assets-to-800-billion-in-five-years\/","title":{"rendered":"Blackstone May Double Assets to $800 Billion in Five Years"},"content":{"rendered":"

Blackstone May Double Assets to $800 Billion in Five Years<\/span><\/h1>\n

October 25, 2017 |\u00a0\u00a0Erik Schatzker, Dinesh Nair, and Matthew Martin | Bloomberg<\/p>\n

\"Screen<\/h1>\n

Blackstone Group LP\u2019s\u00a0Steve Schwarzman\u00a0said his firm may double assets under management to $800 billion over the next five years as it expands into new investing areas.<\/p>\n

\u201cWe have internal targets, plans, aspirations to basically double where we are, which would take us to $800 billion,\u201d Schwarzman, the firm\u2019s co-founder and chief executive officer, said in a Bloomberg TV interview in Riyadh on Wednesday. Asked whether the New York-based asset manager could be a trillion-dollar firm, he said: \u201cThat\u2019s possible.\u201d<\/p>\n

\u00a0Demand for alternative assets such as private equity and real estate has surged. Firms have raised record amounts of money as a seven-year rally in stock markets makes public equities expensive while bond yields continue to hover near historic lows.<\/p>\n

Read Full Article Here<\/a><\/p>\n

 <\/p>\n

\"didyouknow_sponsorfocus-green\"<\/p>\n

Learn more about Blackstone Group LP on the Blue Vault Sponsor Focus page.<\/p>\n

Click Here<\/a><\/p>\n

 <\/p>\n

\"recent-news\"<\/p>\n

Blackstone making bets on permanent investment funds<\/a><\/p>\n

Blackstone to Buy Exhibit Space Provider<\/a><\/p>\n

Blackstone agrees to buy Singapore-listed REIT for $650 mln<\/a><\/p>\n

 <\/p>\n

 <\/p>\n

<\/div>","protected":false},"excerpt":{"rendered":"

Blackstone May Double Assets to $800 Billion in Five Years October 25, 2017 |\u00a0\u00a0Erik Schatzker, Dinesh Nair, and Matthew Martin | Bloomberg Blackstone Group LP\u2019s\u00a0Steve Schwarzman\u00a0said his firm may double … <\/p>\n

Read more<\/a><\/p>\n","protected":false},"author":1985,"featured_media":17705,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[3010],"tags":[],"class_list":["post-17704","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-asset-manager-news"],"acf":[],"yoast_head":"\nBlackstone May Double Assets to $800 Billion in Five Years - Blue Vault<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/qa.bluevaultpartners.com\/blackstone-may-double-assets-to-800-billion-in-five-years\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Blackstone May Double Assets to $800 Billion in Five Years - 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