Prices at the Pumps - April 17, 2024 #saltwire #energymarkets #pricesatthepumps #gaspricesNEW YORK - Blackstone Inc, the world's largest private equity firm, said on Thursday that its first-quarter distributable earnings rose 1% year-on-year supported by growth in fee-related earnings that was partly offset by a decline in income from asset divestments.
Blackstone's net profit from asset sales fell 25% to $293.3 million as it cashed out fewer assets across its private equity and credit portfolios.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: