Mustafa Siddiqui’s Post

The wisdom shared by Blackstone's Steve Schwarzman is not only a blueprint for astute investing but also a guide for life's many decisions. In this insightful Forbes piece, Schwarzman's experiences distill into powerful lessons that reach beyond the realm of finance, touching on resilience, vision, and the importance of understanding history to forge the future. As we navigate our professional and personal lives, such wisdom underscores the value of learning from those who have charted paths through complex terrains. Schwarzman's journey reminds us that the principles guiding successful investments can often parallel those leading to a fulfilling life. #InvestmentStrategy #LifeLessons #Leadership #SteveSchwarzman #Forbes

Blackstone's AUM is North of $1 trillion. I can't imagine how that is possible, even after reading this book (it stops somewhere around 2010, though, so it could not provide a compelling answer anyways). But the main reasons should be (apart from natural-born talent, luck, and hard work - traits shared arguably by all billionaires): - Schwartzman's deep and intimate love of money - Conservative approach to the deal selection, execution, and leverage - Gift to see a ceiling and vision of how to surpass it first (e.g. Blackstone IPO) - Talent management  Nice read. #7takeaways

Expertise matters and that's why I'm so excited about our team at Mogul. I still remember when I started asking them questions to test their knowledge 😅 Little did I know they were both former Goldman Sachs RE Associates. This is why I know we don't offer "just" properties – we offer access to proven strategies for success that were only available to a handful of ultra-big investors in the past! Having a team with a track record of success in the financial world is an invaluable asset. Our team at Mogul understands the intricacies of the real estate market and can identify properties with high-growth potential. They leverage their experience to curate a selection of investment opportunities that align with every savvy investor. When I bought my penthouse in Barcelona, I just got lucky… If I had to do it all over again I know who I would ask 😄 #GoldmanSachsExpertise #MarketTrends #RealEstateInvestment #MogulClub

As a CEO, have you ever had a deal go sideways? An acquisition that turned out to be an albatross, a partnership that bled you dry, or even worse, having to shut down your business because you couldn't get it sold? We feel you! Navigating M&A complexities can be a nightmare. One wrong move can mean financial ruin. That's why we're thrilled to introduce the Vistage Transaction Center--an exclusive benefit of Vistage membership. As the world's most trusted resource for small and mid-size business leaders, our Transaction Center is the go-to hub for our Members to understand how to build a healthier organization and navigate the complex process of buying and selling a company. With our trusted community, expert guidance, and vetted framework, you'll be empowered to make informed decisions that will shape the rest of your life. Ready to sleep better at night? DM me to learn more about the Transaction Center and how Vistage membership can help you achieve your goals. #Vistage #Merger #Acquisition #SuccessionPlanning #ExitStrategy #Retirement #UmbrellaDrink #LifesABeach

Meeting people in person makes a major difference: which is why we at Stony Hill Advisors, Inc. are actively expanding throughout the United States. Whether you are planning, still building your empire, maximizing its valuation, preparing for exit, or ready for the exit, we have the tools to help.  Stony Hill Advisors is a M&A Advisory and Management Consulting firm that is built to help its clients drive revenue, increase efficiency, and gain market share with the goal of increasing profitability. Focusing on the fundamentals, using our M&A, capital formation, and other growth strategies, we help our clients create long term options, whether it be an Exit strategy such as being acquired, or an IPO, or, if the business is to continue with a succession plan. Roy Y. Salisbury Paul Visokey Geoff Miller Joseph Radic Jo Lovitt Brian McCollough - MBA, CEPA® Fred Kaplan Laurie Barkman Larry Silver Patrick A. Howell Kent Wagner Will Barfield Andrew Wall Kirk Dodge Christopher Gambino

If you are in the LA area and thinking about an IPO be sure to check out our IPO Bootcamp. Details below!

For those who missed it - Blackstone reorganizes its GP stakes business. I saw an article by Private Equity International that suggested that the GP stakes business is a good fit within secondaries. Not sure I agree - if you fundamentally see the strategy as passive, then perhaps, but I think the strategy has more in common with a growth or primary private equity strategy - stakers will more and more be challenged to present clear value creation plans, and then deliver them #gpstakes #privateequity #venturecapital #pe #vc #alternatives Ternion https://lnkd.in/eY9RjPFv

Family offices have tripled since 2019, creating a new gold rush on Wall Street “We view this as a substantial and growing opportunity for Blackstone” Experts say family offices now manage $6 trillion or more, and their ranks are growing : setting off a new race among private equity firms, hedge funds and venture capital firms to attract their investments “The larger private equity managers are trying to compete there by putting in resources and time” “Ultra-high-net-worth investors and family offices are really on their radar” Private equity firms are going after the family office market aggressively. Blackstone, which has served wealthy individuals for decades through its Private Wealth Solutions business, is ramping up its Private Capital Group, which serves family offices, billionaires and the largest, most sophisticated individual investors. That team has doubled to 25 people over the past few years and is likely to keep growing, according to Craig Russell, global head of Blackstone’s Private Capital Group

You know what Blackstone is thankful for? 2021 Blackstone continues to thrive in a "winner take all" fundraising environment, and its vehicles have generally held up well over the last few years. ...which could camouflage how anomalous 2021 was. Flashback... Here's how Steven Schwarzman characterized it two years ago: "Today, Blackstone reported the most remarkable results in our history on virtually every metric." "Investment performance was exceptional, including over 40 percent appreciation in our opportunistic real estate and corporate private equity funds for 2021." "We raised $270 billion of inflows, over a quarter of a trillion dollars in one year, lifting assets under management by 42 percent to $881 billion." "No other alternative firm in the world has approached this level of absolute growth in a single year." "We told you in the second quarter that it was the most consequential in our history. That assertion was not based on short-term results. It was reflective of the sea change underway in asset management, and our positioning within it, which is now playing out even more powerfully than we had previously anticipated." "Capital flows continue to shift towards two ends of a barbell. On one side, to low cost passive funds. On the other side, flows are accelerating towards alternatives, a trend benefiting numerous firms in our industry, but none more profoundly than Blackstone." "In our $280 billion real estate business, which generated nearly half of our earnings last year, over 70 percent of the equity portfolio is in the best areas: logistics, rental housing and life sciences office. Leases in this portfolio are shorter duration, with the ability to reprice as we move through the inflationary period." "Importantly, in the United States, we're now seeing rents in these sectors grow at two to three times the rate of inflation. And as the cost of new construction rises with inflation, it greatly benefits the value of our existing holdings." ----- Questions ----- -- In the most profitable year on record, how much do you think Blackstone's nearly 4,000 employees were paid in total compensation? -- How much do you think average employee compensation has come down since 2021? -- Schwarzman talked about a sea change in asset management, but revenues have come back down to Blackstone's long-term growth rate. Are more years like 2021 in store? #creanalyst #blackstone #investmentmanagement