Blackstone Reports Strong Q4 Earnings Amid Record Inflows and AI Infrastructure Expansion
Blackstone Inc. delivered robust fourth-quarter results, with distributable earnings rising to $2.24 billion, surpassing analyst expectations. The alternative asset giant attracted $71.5 billion in quarterly inflows—its highest level in three years—while total assets under management grew 13% to $1.27 trillion.
Despite weaker fee-related earnings in private equity, the firm's strategic pivot toward digital infrastructure gained momentum. Blackstone is evaluating deeper involvement in Oracle's $14 billion Michigan data center project, signaling growing institutional confidence in AI-related real assets.
Shares dipped 3.81% to $141.20 as markets processed the mixed performance. The results demonstrate Blackstone's resilience in volatile conditions and its ability to capitalize on structural shifts in energy and technology infrastructure.
