00:00 It's Benzinga and here's what's on the block.
00:02 Blackstone is expected to surpass $1 trillion with its impressive growth in assets under
00:06 management.
00:07 The firm's journey to this milestone began with managing around $100 billion in 2009
00:13 and steadily expanded as it capitalized on post-2008 banking regulations in the ultra-low
00:18 interest rate environment.
00:20 Blackstone's success has positioned it as a major player in alternative investing for
00:24 both individual and institutional investors, with $1 trillion in investor inflows between
00:29 2012 and 2022.
00:31 However, as the firm grows larger, there are concerns about its entrepreneurial spirit
00:36 being hindered and increased scrutiny from investors and regulators due to its massive
00:39 size and complexity.
00:43 [BLANK_AUDIO]
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