Blackstone Inc at Goldman Sachs US Financial Services Conference Transcript

Dec 07, 2022 / 05:20PM GMT
Alexander Blostein - Goldman Sachs Group, Inc., Research Division - Lead Capital Markets Analyst

All right. Well, thanks, everybody. We're going to get started with our next session. It is my pleasure to welcome Steve Schwarzman, Chairman and CEO of Blackstone. With $950 million in assets under management, Blackstone being the largest and one of best in the world. While macro environment has clearly become more challenging, Blackstone continues to deliver very strong results in 2022, including $180 billion of capital raised so far this year and over 30% growth in distributable earnings per share for the first 9 months of the year.

With lots of macro uncertainty, we obviously look forward to getting Steve's perspective and his insights into private markets and the economy broadly. So it's always great to see you. Thank you for doing the conference. Thanks for being here.

Stephen Allen Schwarzman - Blackstone Inc. - Chairman, CEO & Co-Founder

My pleasure.

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Alexander Blostein - Goldman Sachs
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