- Fee-related-Earnings to grow into 2020 (50%)
- Solid raising pipeline
-50B AuM in Insurance (0.2% market share). Although APO does have a largely insurance based portfolio, this is mostly captive, whereas BX may have more success by growing third party assets under management.
- Lift in KKR's valuation after going C-corp may lead to BX going C-corp in early 2019 (Suisse)
-BREP IX - www.perenews.com/bla...ares-brep-ix-launch/
Pending Blackstone's own assessment of market conditions, portfolio divestment is the largest risk for BX.
評論:
Forgot to mention, BX is yielding 7.3% LTM