The translation of the heading is: "Blackstone impresses in the third quarter: $1.108 trillion in assets under management.

Blackstone's shares are enjoying rising prices after the company presented its quarterly figures. Segment revenues amounted to $2.434 billion, slightly exceeding analysts' expectations of $2.408 billion. Distributable earnings grew by 6 percent year-over-year to $1.279 billion, while revenues from fee-related activities increased by 5 percent to $1.18 billion. Although the real estate business had to accept an 8 percent decline in fee-related earnings, these rose by 25 percent in the credit & insurance segment and by 9 percent in the private equity sector. The net value of accrued performance fees increased from $6.44 billion to $7 billion. Distributable earnings per share rose by 7 percent to $1.01, surpassing expectations of $0.94. Assets under management increased by 10 percent to $1.108 trillion, accompanied by inflows of $40.5 billion in the quarter. Blackstone announced a quarterly dividend of $0.86 per share, payable on November 4, 2024. Additionally, the company repurchased one million shares and has a remaining repurchase volume of $1.9 billion. Stephen A. Schwarzman, CEO and Chairman of Blackstone, emphasized that the company invested $54 billion in the quarter—the highest amount in over two years—and provided $123 billion over the past twelve months. The third quarter period recorded the highest fund appreciation in the last three years, underscoring Blackstone's strong position in the alternative investments sector. Blackstone also announced plans to build one of the largest AI data centers in Europe in the northeast of England. Furthermore, the company plans, together with CPP Investments, to acquire AirTrunk from Macquarie Asset Management and the Public Sector Pension Investment Board.