Blackstone President Jon Gray on Q1 earnings

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'Where you invest matters,' Jon Gray, Blackstone president and COO, says on the firm's real estate strategy.

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Blackstone's first-quarter earnings plunge on real estate slowdownBlackstone Inc , the biggest manager of assets such as private equity and real estate, said on Thursday its first-quarter distributable earnings fell 36% year-on-year, as a weak property market stopped it from cashing out on some holdings. There’s no slowdown. It’s greed. COVID-19 pandemic — has also prevented Blackstone from selling assets for top dollar in many of its real estate funds. Lolololololololol
Fuente: Reuters - 🏆 2. / 97 Leer más »

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