Global alternative investment manager Blackstone's assets under management (AUM) have surpassed 1,775 trillion won.
On the 27th, Blackstone said it recorded AUM of $1.24 trillion (about 1,775.556 trillion won) as of the end of the third quarter. A cumulative $225 billion (about 322 trillion won) flowed in over the past year.
This is the largest level in the history of the global asset management industry, and distributable earnings alone were tallied at $1.9 billion (about 2.72 trillion won).
Jon Gray, Blackstone president and chief operating officer (COO), said, "As transactions that had been stagnant resumed, they drove Blackstone's AUM growth."
Growth was notable in the credit (corporate and bond credit assets) investment unit. As of the third quarter of 2025, Blackstone's corporate and real estate credit assets surpassed $500 billion (about 715 trillion won), up 18% from a year earlier.
In addition, AUM from the insurance channel rose 19% year over year to $264 billion (378 trillion won).
Blackstone said, "About two-thirds of clients expanded their transaction relationships with the firm over the past 12 months," adding, "Investor confidence is continuing."
Meanwhile, Blackstone is the world's largest alternative investment asset manager and conducts investments in real estate, private equity, infrastructure, life sciences, growth investing, credit, and real assets across the globe.