Blackstone Nears Historic Milestone of $1 Trillion in Managed Assets

Blackstone is expected to surpass $1 trillion with its impressive asset growth under management. The firm's journey to this milestone began with managing around $100 billion in 2009 and steadily expanded as it capitalized on post-2008 banking regulations and the ultra-low interest rate environment. Blackstone's success has positioned it as a major player in alternative investing for individual and institutional investors, with $1 trillion in investor inflows between 2012 and 2022. However, as the firm grows, there are concerns about its entrepreneurial spirit being hindered and increased scrutiny from investors and regulators due to its massive size and complexity.