Blackstone’s Profit Falls 40% as Market Plunge Hurts Holdings
The logo for Blackstone Group LP is displayed during the opening of the company’s new office in Singapore. (Photographer: Munshi Ahmed/Bloomberg)

Blackstone’s Profit Falls 40% as Market Plunge Hurts Holdings

(Bloomberg) -- Blackstone Group LP saw its profit drop 40 percent as the stock market rout last quarter dented the performance of its investments.
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