Blackstone Inc. Sees Modest Earnings Growth in First Quarter

Blackstone Inc., the heavyweight in private equity, announced a 1% increase in distributable earnings for the first quarter of the year. The rise was fueled by a boost in fee-related earnings, although this was somewhat dampened by a decrease in income from asset sales. The financial giant continues to navigate the ever-changing landscape of the investment world, adapting and evolving to maintain its position at the top.