AI English summary of an SEC filing — figures as filed
Blackstone said it posted revised supplemental financial data for the quarter ended March 31, 2024 on its website at ir.blackstone.com on July 3, 2024.
Key points
AI summaryBlackstone said it posted revised supplemental financial data for the quarter ended March 31, 2024 on its website at ir.blackstone.com on July 3, 2024.
The company said the revised supplemental financial data is provided to help investors compare Blackstone's historical performance under its revised segment composition.
The company said GP Stakes, which targets minority investments in the general partners of private equity and other private market alternative asset managers, has been included in the Private Equity segment since the quarter ended June 30, 2024.
The company said the Harvest platform, managed by Harvest Fund Advisors LLC, is now included in the Multi-Asset Investing segment (formerly Hedge Fund Solutions). Previously, GP Stakes was included in Multi-Asset Investing and Harvest was included in Credit & Insurance.
Summary
AI-writtenAnalysis scope · Filing bodyWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.
Revised Supplemental Data Posted for Quarter Ended March 31, 2024
Blackstone said it posted revised supplemental financial data for the quarter ended March 31, 2024 on its website at ir.blackstone.com on July 3, 2024.
Source · Based on the filing body and exhibits
Purpose of Revised Data: Comparison Under Revised Segment Composition
The company said the revised supplemental financial data is provided to help investors compare Blackstone's historical performance under its revised segment composition.
Source · Based on the filing body and exhibits
GP Stakes Moves to Private Equity Segment
The company said GP Stakes, which targets minority investments in the general partners of private equity and other private market alternative asset managers, has been included in the Private Equity segment since the quarter ended June 30, 2024.
Source · Based on the filing body and exhibits
Harvest Platform Moves to Multi-Asset Investing Segment
The company said the Harvest platform, managed by Harvest Fund Advisors LLC, is now included in the Multi-Asset Investing segment (formerly Hedge Fund Solutions). Previously, GP Stakes was included in Multi-Asset Investing and Harvest was included in Credit & Insurance.
Source · Based on the filing body and exhibits
AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.
Original filing
The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.
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