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Blackstone Acquires Stake in 55 Suffolk From Goldman Sachs for $171M – Commercial Observer

Blackstone Acquires Stake in 55 Suffolk From Goldman Sachs for $171M – Commercial Observer
commercialobserver.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from commercialobserver.com Daily Mail and Mail on Sunday newspapers.

End Of An Era: Blackstone Pulls The Plug On Multi-Strategy Fund Amid 90% Asset Drop - Blackstone (NYSE:BX)

End Of An Era: Blackstone Pulls The Plug On Multi-Strategy Fund Amid 90% Asset Drop

Blackstone Inc. (NYSE:BX) is the largest alternative asset management company in the world, with nearly $1 trillion in total assets under management as of Sept. 30. The financial institution has several multifaceted funds designed to offer diversification benefits to investors. However, not all of Balckstone's funds have been a pinnacle of success. Its Diversified Multi-Strategy fund lost over 90% in value over the past four years until mid-November, causing Blackstone to shut the fund by the en

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