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Blackstone Inc (NYSE: BX) is the world’s largest alternative investment manager. In Q2 2025, AUM rose 13% YoY to a record $1.21 trillion, driven by $52.1 billion in net inflows. Fee-earning AUM climbed 10% YoY to $887.1 billion. The firm generated $3.71 billion in revenue (+33%), with distributable earnings of $1.6 billion ($1.21/share, +25%), and GAAP net income of approximately $1.6 billion. Dividends were increased to $1.03/share, payable August 11, 2025. Key drivers included strong performance in private equity, credit & insurance, and infrastructure.
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