AI English summary of an SEC filing — figures as filed
The company said GP Stakes was included in its Private Equity segment effective the quarter ended June 30, 2024. Before the change, it said, the business was part of its Multi-Asset Investing segment.
Key points
AI summaryThe company said GP Stakes was included in its Private Equity segment effective the quarter ended June 30, 2024. Before the change, it said, the business was part of its Multi-Asset Investing segment.
Blackstone said the platform managed by Harvest Fund Advisors LLC is now included in its Multi-Asset Investing segment (formerly Hedge Fund Solutions). Before the change, it said, the platform was part of its Credit & Insurance segment.
The company said it is filing this Form 8-K to retrospectively recast historical segment financial information for the year ended December 31, 2023 in its 10-K and for the quarter ended March 31, 2024 in its 10-Q to reflect the revised segment structure. The filing is 8-K.
The company said this 8-K does not reclassify or restate its previously reported consolidated financial statements, and does not reflect events occurring after the filing dates of its 10-K and 10-Q. The updated information is included in Exhibits 99.1 and 99.2.
Summary
AI-writtenAnalysis scope · Filing body only (exhibits excluded)We analyzed the filing body only. The exhibits exceeded the length limit and were excluded, so figures, financial statements and presentation materials in them were not reviewed.
GP Stakes Included in Private Equity Segment
The company said GP Stakes was included in its Private Equity segment effective the quarter ended June 30, 2024. Before the change, it said, the business was part of its Multi-Asset Investing segment.
Source · Based on the filing body (exhibits excluded)
Harvest Platform Included in Multi-Asset Investing Segment
Blackstone said the platform managed by Harvest Fund Advisors LLC is now included in its Multi-Asset Investing segment (formerly Hedge Fund Solutions). Before the change, it said, the platform was part of its Credit & Insurance segment.
Source · Based on the filing body (exhibits excluded)
Retrospective Recast of Historical Segment Financial Information
The company said it is filing this Form 8-K to retrospectively recast historical segment financial information for the year ended December 31, 2023 in its 10-K and for the quarter ended March 31, 2024 in its 10-Q to reflect the revised segment structure. The filing is 8-K.
Source · Based on the filing body (exhibits excluded)
Scope of Recast and Unchanged Financial Statements
The company said this 8-K does not reclassify or restate its previously reported consolidated financial statements, and does not reflect events occurring after the filing dates of its 10-K and 10-Q. The updated information is included in Exhibits 99.1 and 99.2.
Source · Based on the filing body (exhibits excluded)
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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