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New York-based Blackstone Inc. (BX) operates as an alternate fund manager, specializing in private equity, real estate, public debt & equity, and more. Valued at $114.5 billion by market cap, Blackstone invests at various stages of a company or startup’s life cycle including early-stage, seed, middle market, mature, and late venture.
Companies worth $10 billion or more are generally described as “large-cap stock,” Blackstone fits this perfectly. Given Blackstone operates as the largest alternative asset manager in the world, its valuation above this mark is not surprising. The company manages assets worth more than $1 trillion and its AUM includes approximately 250 portfolio companies and 12,600 real estate assets.
