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