peHUB » Blackstone Q4 Profit Jumps 56%, has $16.5 Bln in PE Dry Powder

The carrying values of our investment funds continued to increase sharply, driving our best quarterly earnings result in nearly four years. In 2010, we continued to provide our limited partner investors with best-in-class returns across .... This active investment pace has resulted in the segment's BREP VI fund reaching approximately 70% invested or committed capital at the end of 2010. Accordingly, Blackstone expects to commence fundraising for its next real estate fund ...

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