Dallas, Texas 07/10/2013 (Financialstrend) – The shares of The Blackstone Group L.P. (NYSE:BX) are currently trading at $21.10, shares increased by 0.81%. The stock opened at $20.98.
The Blackstone Group L.P. (NYSE:BX) is a company based in the United States is a financial advisory service provider and manages private capital. The company independently manages private capital worldwide.
Due to the reduction in private funding investment for ships as well as the departure from ship financing by the home banks in Germany, opportunities have increased for private-equity firms in the United States. These firms have started entering the market that was formerly not open to international asset managers.
Companies such as Blackstone Group L.P. (NYSE:BX), Oaktree Capital Group LLC, J.P. Morgan Asset Management, Delos Shipping and Tennenbaum Capital Partners LLC are some of the firms that are purchasing German vessels that may be novel or used. These companies are also getting stakes in those companies of German shipping which require financial support. Blackstone Group L.P. (NYSE:BX) and the other companies mentioned are speedily putting back the private investors which have acquired limited partnership in German ships for decades.
Blackstone Group L.P. (NYSE:BX)’ real estate global head, Jonathan Gray said that with the shortage of provision of novel houses in the United States, together with enhanced fundamentals, has generated a positive condition for the investors in real estate. He further mentioned to CNBC that purchases of houses are still being made by the firm
As per the company, there are total assets of $60 billion under management and under capital for investments; $10 billion is available in the Blackstone Real Estate.
This report is for information purposes only, and is neither a solicitation or recommendation to buy nor an offer to sell securities. Financials Trend is not-a-registered-investment-advisor. Financials Trend is not a broker-dealer. Information, opinions and analysis contained herein are based on sources believed to be reliable, but no representation, expressed or implied, is made as to its accuracy, completeness or correctness. The opinions contained herein reflect our current judgment and are subject to change without notice. Financials Trend accepts no liability for any losses arising from an investor's reliance on the use of this material. Financials Trend sometimes gets compensated up to one hundred and fifty thousand dollars per month for featuring particular stocks. See site disclaimer for complete compensation. Financials Trend and its affiliates or officers currently hold no shares of these stocks. Financials Trend and its affiliates or officers will purchase and sell shares of common stock of these stocks, in the open market at any time without notice. Financials Trend will not update its purchases and sales of these stocks in any future postings on Financials Trend's websites. Certain information included herein is forward-looking within the context of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements concerning manufacturing, marketing, growth, and expansion. The words "may", "would," "will," "expect," "estimate," "anticipate," "believe," "intend," " project," and similar expressions and variations thereof are intended to identify for ward-looking statements. Such forward- looking information involves important risks and uncertainties that could affect actual results and cause them to differ materially from expectations expressed herein. *Financials Trend does not set price targets on securities. Never invest into a stock discussed on this web site or in this email alert unless you can afford to lose your entire investment.financialstrend.com