8-KRegulation FDExhibits & Filings

Blackstone Inc. 8-K Report, Regulation FD Disclosure (Dec 23, 2024)

Filed December 23, 2024For Securities:BX

Summary

Blackstone Inc. (BX) has filed an 8-K report on December 23, 2024, disclosing a preliminary estimate of revenue related to its realization activities for the period spanning October 1, 2024, to December 23, 2024. This information was disseminated via a press release posted on Blackstone's website, which is attached as an exhibit to the filing. Investors should note that this disclosure is made under Regulation FD and is not intended to be "filed" for the purposes of Section 18 of the Securities Exchange Act, nor is it incorporated into other filings unless expressly stated. The primary focus of this report is the announcement of anticipated revenue from asset sales or other liquidity events within Blackstone's investment funds. While specific figures are not detailed in the 8-K itself, the press release referenced would contain these preliminary estimates. Investors closely monitoring Blackstone's performance, particularly its fee-related earnings and its ability to generate carried interest from successful exits, will find this update crucial for assessing the company's financial trajectory and the performance of its investment strategies.

Key Highlights

  • 1Blackstone issued an 8-K filing on December 23, 2024, to disclose preliminary revenue estimates.
  • 2The revenue relates to realization activity between October 1, 2024, and December 23, 2024.
  • 3The announcement was made via a press release accessible on Blackstone's corporate website.
  • 4This disclosure is intended to comply with Regulation FD, ensuring broad public dissemination of material information.
  • 5The information provided is a preliminary estimate and may be subject to change.
  • 6The press release serves as Exhibit 99.1 to the 8-K filing.

Frequently Asked Questions

The main purpose of this 8-K filing is to publicly announce a preliminary estimate of revenue Blackstone expects to generate from its realization activities for a specific period, as required by Regulation FD.

The 8-K filing states that the press release containing the preliminary revenue estimates was posted on Blackstone's website at www.blackstone.com/news. You would need to visit that specific webpage to access the press release and view the estimated figures.

The filing explicitly states that the information provided under Item 7.01 is not deemed "filed" for purposes of Section 18 of the Exchange Act and is not incorporated by reference into other filings unless expressly stated. Therefore, while it provides insight into expected performance, it is not a formal amendment to its financial statements or other mandatory filings.

'Realization activity' for an investment firm like Blackstone typically refers to the process of generating cash returns from its investments. This includes selling portfolio companies, distributing assets, or other liquidity events that result in the recognition of gains or income for the firm and its investors.