Blackstone Chairman’s Letter 2018: Performance and Innovation
Blackstone is pleased to share its Annual Chairman’s Letter, in which Chairman, CEO, and Co-Founder Stephen A. Schwarzman reflects on the market developments of 2018 and discusses progress on the firm’s new initiatives.
Despite fourth-quarter volatility, Blackstone again delivered outperformance to our limited partner investors across an ever-growing number of strategies. At the same time, we continued to expand our distribution channels, global footprint, and capabilities. These positive outcomes were made possible by our most important asset: our people.
Looking ahead, the firm is better positioned than ever to navigate the increasingly complex challenges facing investors. We are equipped for any market environment, and will continue to operate with an unyielding focus on generating exceptional long-term performance for our investors.