Blackstone Beats Fourth-Quarter Estimates on Fund Exits

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Stephen Schwarzman, billionaire and co-founder of Blackstone Group LP, at the World Economic Forum in Davos, on Jan. 22, 2015.

Photographer: Simon Dawson/Bloomberg

Blackstone Group LP, the world’s biggest manager of alternative assets, reported fourth-quarter earnings that beat analysts’ estimates driven by sales of private equity holdings.

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