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Stock impact report

‘Not unlike tariffs': Iran war threatens to deepen Asia private equity's worst fundraising slump in a decade 0 seconds of 6 minutes, 47 seconds Volume 90% Press shift question mark to acce...

Blackstone Inc. (BX) 
Last blackstone inc. earnings: 4/23 06:56 am Check Earnings Report
Blackstone Group's logo on display during the opening of the company's new office in Singapore. Since the pandemic, private equity funds focused on Asia have struggled to raise money, as the industry sat on massive unsold assets and idle dry powder. Signs of growing confidence began to emerge late last year as exit values picked up and cash distribution for investors started flowing again, encouraging private equity to resume preparations to launch new funds after a multiyear lull in activity. But now, that glimmer of optimism is contending with economic disruption from the war in the Middle East. The turmoil sweeping global markets has introduced a new layer of uncertainty, threatening to sap investor appetite that had just begun to recover, according to several industry practitioners. “What we are seeing now is not unlike the tariff situation early last year — causing people to pause, slow down, and just wait — to avoid exposure to any sudden shocks,” said Andrew Thompson, Show less Read more
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