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Blackstone Group (BX) has issued an update.
Blackstone Inc. has published updated financial data reflecting recent organizational changes to its segment structure, aiming to provide investors with a clearer picture of the company’s historical performance. Notably, its GP stakes business is now part of the Private Equity segment, focusing on minority investments with potential for both annual cash flow and long-term growth. Meanwhile, the Harvest platform, focusing on North American energy infrastructure investments, has been shifted to the Multi-Asset Investing segment. These updates are designed to align with Blackstone’s strategic focus and enhance investor understanding of the company’s diverse asset management operations.
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