Blackstone plans to invest up to $500 billion in Europe over the next decade, CEO Steve Schwarzman told Bloomberg, citing improving growth prospects amid shifting geopolitical dynamics.

  • The firm has already deployed around US$100 bn in the U.K., including into data centres and logistics assets.

  • European warehouse investments remain among Blackstone’s most profitable, with the company bullish on continued returns from the region.

  • Outside Europe, Blackstone also sees strong potential in the Middle East, driven by the rapid expansion of cities like Dubai and Riyadh.

Info via Bloomberg on Tuesday ICYMI.

Firms are more closely examining investment ex-US, this another example./

blackstone 14 August 2024 2

Blackstone is one of the world’s largest alternative asset managers, specialising in private equity, real estate, credit, and hedge fund investment strategies:

  • firm manages over $1 trillion in assets globally
  • invests across a wide range of sectors
Source: Forex Live