Published: October 25, 2012
Our investment case for Blackstone is that it is a well-diversified alternative asset manager. Management fees will go up (catching up to its recent torrid net inflows), realization will increase (especially in Real Estate group) and performance fees will be earned and distributed as dividends to...
Published: May 24, 2012
The thesis for Blackstone Group is a relatively simple one. In the current low rate no return environment pension funds and endowments will struggle to meet their required return thresholds. As they quickly come to this realization they will start to shift increasing amounts over to alternative a...
Published: May 24, 2012
The thesis for Blackstone Group is a relatively simple one. In the current low rate no return environment pension funds and endowments will struggle to meet their required return thresholds. As they quickly come to this realization they will start to shift increasing amounts over to alternative a...