Blackstone Beats 2Q Revenue, EPS Estimates

The transcript discusses investor concerns about private equity, particularly Blackstone, and market reactions to their fundraising efforts. It highlights the impact of tariffs and the trade war with China on capital costs and private equity. The discussion also covers competition in the market, the concept of 'dry powder,' and the challenges of high valuations. Blackstone's strategy to diversify its products and appeal to different investor classes is also explored, with a focus on their lending fund and efforts to broaden their investment base.

What concerns did Jonathan Gray express regarding the current economic situation?

What are the potential risks associated with the current market conditions for private equity firms?

How does the influx of capital into private equity affect competition and deal pricing?

What impact do rising interest rates have on private equity returns?

What strategies is Blackstone employing to appeal to different types of investors?