2min chapter

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Bloomberg Wall Street Week: June 30th, 2023

Wall Street Week

CHAPTER

The Green Shoots for Deal Making

Blackstone CEO: We're seeing the overall M&A cycle playing out probably as we more or less expected even a year ago. I think market participants are now, you know, seeing that we're nearing the end of this dramatic rate increase cycle. And therefore feeling like there's little less uncertainty, little more certainty and are ready to transact. Blackstone has nearly $200 billion of dry powder to invest opportunistically in the coming time period.

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