Michael Chae - Blackstone Chief Financial Officer of the General Partner

BX Stock  USD 130.89  3.01  2.35%   

CFO

Mr. Michael S. Chae is a Chief Financial Officer of the General Partner of the Company. Mr. Chae has management responsibility over the firms global finance, treasury, technology and corporate development functions. Since joining Blackstone in 1997, Mr. Chae has served in a broad range of leadership roles including Head of International Private Equity, from 2012 through 2015, Head of Private Equity for AsiaPacific, from 2011 through 2015, and overseeing Private Equity investments in various sectors and the investment process for Tactical Opportunities. Mr. Chae led or was involved in numerous Blackstone investments over that time period. Before joining Blackstone, Mr. Chae worked at The Carlyle Group, L.P. and prior to that at Dillon, Read Co. He has served on numerous boards of private and publicly traded portfolio companies and is President of the Board of Trustees of the Lawrenceville School. He is also a member of the Council on Foreign Relations and the Board of Trustees of the Asia Society and the St. Bernards School since 2015.
Age 51
Tenure 9 years
Address 345 Park Avenue, New York, NY, United States, 10154
Phone212 583 5000
Webhttps://www.blackstone.com
Chae received an AB from Harvard College, an MPhil. in International Relations from Cambridge University and a JD from Yale Law School.

Blackstone Management Efficiency

The company has Return on Asset (ROA) of 0.059 % which means that for every $100 of assets, it generated a profit of $0.059. This is way below average. Likewise, it shows a return on total equity (ROE) of 0.1295 %, which means that it produced $0.1295 on every 100 dollars invested by current stockholders. Blackstone's management efficiency ratios could be used to measure how well Blackstone manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Blackstone's Return On Assets are fairly stable compared to the past year. Return On Equity is likely to rise to 0.22 in 2024, whereas Return On Capital Employed is likely to drop 0.06 in 2024. At this time, Blackstone's Other Assets are fairly stable compared to the past year. Total Current Assets is likely to rise to about 5.8 B in 2024, whereas Total Assets are likely to drop slightly above 27.8 B in 2024.
The company reports 12.29 B of total liabilities with total debt to equity ratio (D/E) of 0.54, which is normal for its line of buisiness. Blackstone Group has a current ratio of 1.0, indicating that it is in a questionable position to pay out its debt commitments in time. Debt can assist Blackstone until it has trouble settling it off, either with new capital or with free cash flow. So, Blackstone's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Blackstone Group sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Blackstone to invest in growth at high rates of return. When we think about Blackstone's use of debt, we should always consider it together with cash and equity.
Blackstone Inc. is an alternative asset management firm specializing in real estate, private equity, hedge fund solutions, credit, secondary funds of funds, public debt and equity and multi-asset class strategies. Blackstone Inc. was founded in 1985 and is headquartered in New York, New York with additional offices across Asia, Europe and North America. Blackstone operates under Asset Management classification in the United States and is traded on New York Stock Exchange. It employs 3795 people. Blackstone Group (BX) is traded on New York Stock Exchange in USA. It is located in 345 Park Avenue, New York, NY, United States, 10154 and employs 4,735 people. Blackstone is listed under Asset Management & Custody Banks category by Fama And French industry classification.

Management Performance

Blackstone Group Leadership Team

Elected by the shareholders, the Blackstone's board of directors comprises two types of representatives: Blackstone inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Blackstone. The board's role is to monitor Blackstone's management team and ensure that shareholders' interests are well served. Blackstone's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Blackstone's outside directors are responsible for providing unbiased perspectives on the board's policies.
Hamilton James, President, Chief Operations Officer, Director of Blackstone Group Management LLC and Member of Executive Committee
Rochelle Lazarus, Independent Director of the General Partner
James Breyer, Independent Director of the General Partner
Seth Meisel, Senior York
Jonathan CIMA, President, Partner
Peter Grauer, Director of the General Partner
Stevi Petrelli, Head of Blackstone Innovations Investments
Paul Morrissey, Managing Director - lead investing across Europe for Blackstone Growth
Karen Sprogis, Managing York
Jonathan Gray, Global Head of Real Estate, Director of Blackstone Group Management LLC and Member of Executive Committee
Jennifer Friedman, Managing Group
John Hood, Independent Director of the General Partner
Tanya Barnes, Managing Director
Mustafa Siddiqui, Senior London
Ann Chung, Managing Director
Paige Ross, Global Resources
Vikrant JD, Chief Solutions
Michael Chae, Chief Financial Officer of the General Partner
Michael Nash, Senior Strategies
Arielle GrossSamuels, Managing Marketing
Kathleen Skero, Principal Accounting Officer of the General Partner
Reginald Brown, Independent Director of the General Partner
Stephen Schwarzman, Chairman of the Board, Chief Executive Officer, Founder; Chairman of the General Partner
Ram Jagannath, Senior Managing Director - Growth Equity Investing
Anuj Agarwal, Senior York
Jay Light, Independent Director of the General Partner
Joseph Baratta, Global Head of Private Equity and Director of the Company
Christine Feng, Senior Managing Director
William Stein, Managing York
Ruth Porat, Independent Director of the General Partner
John Finley, Chief Legal Officer of the General Partner
Courtney Cava, Senior Managing Director, Global Head of Talent and Leadership
Gilles Dellaert, Global Head of Blackstone Insurance Solutions
Prakash Melwani, MD York
John Stecher, Chief Technology Officer
Simon Hayden, Senior Managing Director - Credit
Richard Jenrette, Independent Director of the General Partner
J Hill, Vice Chairman of the Board of Blackstone Group LP, Director of General partner
Christopher Striano, Principal Accounting Officer of the General Partner
Joan Solotar, Senior Managing Director - Head of Private Wealth Solutions and External Relations of the General Partner
William Parrett, Independent Director of the General Partner
Emily Yoder, Senior Managing Director - Strategic Relationships
James Carnegie, Former Sydney
JTomilson Hill, Vice Chairman of the Board of Blackstone Group LP, Director of the General Partner
Kelly Ayotte, Independent Director of the General Partner
Frank Cohen, Senior York
Bennett Goodman, Co-Head of GSO, Director of Blackstone Group Management Llc - General Partner and Member of Executive Committee
Michael Hovey, Senior Managing Director - Blackstone Insurance Solutions
Michael JD, Chief Officer
Marshall Sprung, Senior Compliance
Brian Mulroney, Independent Director of the General Partner
Tomilson Hill, Vice Chairman of the Board of Blackstone Group LP, Director of General partner
Robert Heady, Head Kong

Blackstone Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Blackstone a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Blackstone Investors Sentiment

The influence of Blackstone's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Blackstone. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Blackstone's public news can be used to forecast risks associated with an investment in Blackstone. The trend in average sentiment can be used to explain how an investor holding Blackstone can time the market purely based on public headlines and social activities around Blackstone Group. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Blackstone's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Blackstone's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Blackstone's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Blackstone.

Blackstone Implied Volatility

    
  43.66  
Blackstone's implied volatility exposes the market's sentiment of Blackstone Group stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Blackstone's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Blackstone stock will not fluctuate a lot when Blackstone's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Blackstone in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Blackstone's short interest history, or implied volatility extrapolated from Blackstone options trading.

Pair Trading with Blackstone

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Blackstone position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Blackstone will appreciate offsetting losses from the drop in the long position's value.

Moving against Blackstone Stock

  0.5SNTG Sentage Holdings Report 6th of May 2024 PairCorr
  0.47MCBK Madison County FinancialPairCorr
The ability to find closely correlated positions to Blackstone could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Blackstone when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Blackstone - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Blackstone Group to buy it.
The correlation of Blackstone is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Blackstone moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Blackstone Group moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Blackstone can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Blackstone Group offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Blackstone's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Blackstone Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Blackstone Group Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Blackstone Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest.
You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.

Complementary Tools for Blackstone Stock analysis

When running Blackstone's price analysis, check to measure Blackstone's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Blackstone is operating at the current time. Most of Blackstone's value examination focuses on studying past and present price action to predict the probability of Blackstone's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Blackstone's price. Additionally, you may evaluate how the addition of Blackstone to your portfolios can decrease your overall portfolio volatility.
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Is Blackstone's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Blackstone. If investors know Blackstone will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Blackstone listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.73)
Dividend Share
3.35
Earnings Share
1.84
Revenue Per Share
10.175
Quarterly Revenue Growth
(0.30)
The market value of Blackstone Group is measured differently than its book value, which is the value of Blackstone that is recorded on the company's balance sheet. Investors also form their own opinion of Blackstone's value that differs from its market value or its book value, called intrinsic value, which is Blackstone's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Blackstone's market value can be influenced by many factors that don't directly affect Blackstone's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Blackstone's value and its price as these two are different measures arrived at by different means. Investors typically determine if Blackstone is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Blackstone's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.