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Prices at the Pumps - April 17, 2024 #saltwire #energymarkets #pricesatthepumps #gaspricesNEW YORK - Blackstone Inc, the world's largest private equity firm, said on Thursday that its first-quarter distributable earnings rose 1% year-on-year supported by growth in fee-related earnings that was partly offset by a decline in income from asset divestments.
Blackstone's net profit from asset sales fell 25% to $293.3 million as it cashed out fewer assets across its private equity and credit portfolios.
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