Blackstone Lands $20 Billion Saudi Commitment for New Fund

The transcript discusses Blackstone's $20 billion investment from Saudi Arabia, highlighting the fee concessions made to secure the deal. It also covers the significance of a $40 billion infrastructure fund and the economic influence of Saudi Arabia, particularly in the oil and financial sectors. The discussion extends to Saudi investments in technology, including SoftBank's Vision Fund and potential deals with Elon Musk.

What does the investment from the Saudis signify about their economic influence?

What role has the Saudi government played in the funding of major investment funds like SoftBank's Vision Fund?