Strong Q3 results, driven in part by Private Wealth Solutions as of 9/30/2021

Last week, Blackstone released the most impressive quarterly earnings report in the firm’s 36-year history. Private Wealth Solutions (PWS), the team at Blackstone dedicated to expanding access to alternatives to a wider range of investors, is an important driver of that result. PWS is reinventing the alternatives asset class in terms of who can invest and the types of investments they can make. We view our mission accordingly: the success of our clients is what drives the success of PWS.

Joan Solotar

Global Head of Private Wealth Solutions

Past performance is not indicative of future results. There can be no assurance that any Blackstone fund or investment will achieve its objectives or avoid substantial losses.

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Highly Competitive Market for Investment Opportunities. The activity of identifying, completing and realizing attractive investments is highly competitive, and involves a high degree of uncertainty. There can be no assurance that a Fund will be able to locate, consummate and exit investments that satisfy its objectives or realize upon their values or that a Fund will be able to fully invest its committed capital. There is no guarantee that investment opportunities will be allocated to a Fund and/or that the activities of Blackstone’s other funds will not adversely affect the interests of such Fund. 
 
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Reliance on Key Management Personnel. The success of a Fund will depend, in large part, upon the skill and expertise of certain Blackstone professionals. In the event of the death, disability or departure of any key Blackstone professionals, the business and the performance of a Fund may be adversely affected. 

Third-Party Information. Certain information contained in the Materials has been obtained from sources outside Blackstone, which in certain cases have not been updated through the date hereof. While such information is believed to be reliable for purposes used herein, no representations are made as to the accuracy or completeness thereof and none of Blackstone, its funds, nor any of their affiliates takes any responsibility for, and has not independently verified, any such information.