Blackstone: The Gold Standard In Alternative Assets (Rating Downgrade)

  • Blackstone's growth is driven by its scale, diversified business segments, and leadership in alternative asset management, with $1.2 trillion AUM and strong fee income growth. The firm's expansion in private wealth, credit, insurance, and infrastructure positions it for continued innovation and outsized growth opportunities across global markets. Despite trading near all-time valuation highs, I'm recommending a Hold rating, given my low-cost basis and Blackstone's robust long-term growth prospects.