Blackstone Earnings Sink as Private-Equity Portfolio Takes Hit

Blackstone Inc.’s net income plummeted in the third quarter as the value of its private-equity portfolio declined.

The New York investment firm reported net income of $2.3 million, or less than 1 cent a share, compared with a profit of $1.4 billion, or $1.94 a share, during the same period last year.

Along with everyone else! Leadership is lacking. Energy policy is causing wars and global inflation. Blackrock itself gives credence to Trump's calls for returning to a more protectionist foreign policy that relies on the domestic production of essentials.

By their exposure to China?

Well deserved for pushing ESG nonsense and not investing in reliable energy

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