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Blackstone Exclusive: How Did Q4 Earnings Beat Estimates?

Blackstone, the global leader in private equity, recently announced a notable 4% increase in its distributable earnings for the fourth quarter.

From Left: Kenneth Caplan, Kathleen McCarthy and Jonathan Gray. PHOTO: PATRICK JAMES MILLER FOR FORTUNE
The Blackstone Executive Team. From Left: Kenneth Caplan, Kathleen McCarthy and Jonathan Gray. PHOTO: PATRICK JAMES MILLER FOR FORTUNE

This growth was primarily fuelled by the successful liquidation of assets across various sectors, including real estate, credit, and hedge funds.

The distributable earnings, crucial for dividends to shareholders, rose to nearly $1.4 billion for the quarter ending December 31, marking an increase from $1.3 billion in the same period the

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