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KM Financial Solutions | UPDATE 1-Blackstone quarterly profit rises on asset sales, fee revenue
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UPDATE 1-Blackstone quarterly profit rises on asset sales, fee revenue

29 Jan UPDATE 1-Blackstone quarterly profit rises on asset sales, fee revenue

Posted at 17:01h in News by
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Blackstone Group Inc, the world’s
largest alternative asset manager, said on Thursday
fourth-quarter distributable earnings rose 27% year-on-year, as
strong growth in its real estate and hedge funds businesses
offset declines in private equity and credit divisions.

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