What Could Impact Blackstone Moving Forward?
Blackstone Group’s (BX) CEO expressed optimism about the company’s first-quarter results even though global equity markets witnessed negative momentum and volatility rose in the first quarter. During the period, the company witnessed significant inflows amounting to $18.2 billion. In contrast, peer (XLF) Apollo Global Management’s (APO) inflows stood at $4.9 billion, while Carlyle Group (CG) raised $7.7 billion in the first quarter.