BUSINESSBLOOMBERG
Blackstone BDC Profit Drops 94% While Loan Performance Steadies
Blackstone Inc.’s publicly traded private credit fund saw its profit drop 94% in the second quarter due to a decline in the value of its holdings. Despite the major drop, the performance of the loans remained stable.
Related Signal
Adjacent reporting
- Blackstone says pace of withdrawals slowing at flagship private credit fund
- Blackstone Digital: Q2 Earnings Snapshot
- Blackstone caps withdrawals from flagship private credit fund
- Digital Realty falls 4% after taking $3.5 billion stake in Blackstone's Virginia data centers
- Blackstone's profits surged 26% as AI bets and record inflows pushed assets to $1.35 trillion