Blackstone's Schwarzman on Private Equity and Hedge Funds

The transcript discusses the challenges and strategies in capital deployment, particularly in private equity and energy sectors. It highlights the role of low interest rates in attracting investments and the importance of smart capital deployment. The conversation also covers leverage limits, alternative financing, and the impact of market trends on financing strategies. Additionally, it addresses the challenges in the hedge fund industry and the influence of the political environment on business strategies.

What strategies does Blackstone employ to manage its capital effectively?

What role do alternative sources of debt financing play in Blackstone's strategy?

How does Blackstone approach the selection of hedge funds for investment?

What is the outlook for Blackstone's multi-manager business according to the text?