Blackstone (BX) Reports In-Line Q2 EPS

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Blackstone Reports Second Quarter Results

July 16, 2015 7:00 AM EDT

NEW YORK--(BUSINESS WIRE)-- Blackstone (NYSE: BX) today reported its second quarter 2015 results.

Stephen A. Schwarzman, Chairman and Chief Executive Officer, said, We produced solid results for our investors in the second quarter with strong realization activity despite challenging market conditions. While the weak global equity markets adversely impacted some of our holdings, underlying portfolio company fundamentals are trending significantly better than the overall economy and point towards a fertile field for future value growth and realizations. At the same time we reported $94 billion in gross capital inflows over the past... More