Wall Street Weighs the Next Big Risk
Bloomberg Businessweek
00:00
Blackstone's Acceptance Rate Is 003%
Steve Shortman: It's spooky that Blackstone is raising $20 billion for a corporate private equity fund. He says they're not finding exits or to exit, right? The profitability did drop by almost 40%. And part of that is because of that muted deal making," he says. "They've done well by being patient"
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