{
 "markdown": "BLACKSTONE OVERVIEW\n\n\nWorld's largest alternative asset manager<sup>(c)</sup>\n$1.3T+ Blackstone AUM<sup>(d)</sup>\n$324B Private Wealth Channel AUM<sup>(d)</sup>\n40-year track record<sup>(d)</sup>\n\nBusiness AUM<sup>(e)</sup>\n\n<table>\n<tr><td>$469B</td><td>Credit &amp; Insurance<br>World&#x27;s largest third-party focused credit business</td></tr>\n<tr><td>$314B</td><td>Real Estate<br>World&#x27;s largest owner of commercial real estate</td></tr>\n<tr><td>$454B</td><td>Private Equity<br>One of the world&#x27;s largest private equity platforms</td></tr>\n<tr><td>$99B</td><td>Multi-Asset Investing<br>Largest discretionary allocator to hedge funds globally</td></tr>\n</table>\n\n<figure type=\"PHOTOGRAPH\">\n\n<description>A medium shot portrait of Stephen A. Schwarzman, Chairman, CEO & Co-Founder of Blackstone. He is wearing a dark pinstripe suit, a white dress shirt, and a light blue patterned tie. He is speaking, with his hands gesturing in front of him. The background is slightly out of focus, suggesting an office environment. The image features the following text overlaid on the lower portion:</description> \"Delivering compelling performance is at the heart of everything we do at Blackstone.\" Stephen A. Schwarzman Chairman, CEO & Co-Founder of Blackstone</figure>\n\nNote: All data as of June 30, 2026, unless otherwise indicated. Past performance does not predict future returns. Largest alternatives asset manager based on Blackstone analysis of company earnings\npresentations and calls, as of June 30, 2026, or latest publicly available data. There can be no assurance that any Blackstone fund or investment will achieve its objectives or avoid substantial losses.\nThere can be no assurance that views and opinions expressed in this document will come to pass.\n\n\nBlackstone Mortgage Trust, Inc.\n\n\nBlackstone\n\n\n2\n\n<!-- doc_id=parse-01m0ffg9ghv81ebvyhazrah79m -->",
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