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Blackstone Fourth Quarter Profits Jump 43%; AUM Up 26%

From ValueWalk
January 31, 2013 - 1:11pm
The Blackstone Group L.P. (NYSE:BX) reported stronger-than-expected fourth quarter earnings on Thursday. The alternative investment giant’s earnings rose 43 percent from a year earlier to $670 million. Blackstone Group CEO, Stephen A. Schwarzman, said all the company’s business units showed…The post Blackstone Fourth Quarter Profits Jump 43%; AUM Up 26% appeared first on ValueWalk.

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