Jon Gray on Where Blackstone Sees Opportunity
Blackstone President Jon Gray highlights the firm’s strong portfolio company performance during the second quarter despite a challenging investment environment with uncertainty created by the Delta variant and inflation. Given the level of economic stimulus, inflation may be less transitory than previously thought. Blackstone is navigating this period by seeking opportunities that benefit from secular trends, such as the migration of business activity online. Blackstone has also expanded into insurance and individual investor markets, which allows the firm to serve an even broader audience.