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The Blackstone Group Reports First Quarter 2011 Results

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posted:4/21/2011
language:English
pages:20
Description: NEW YORK--(EON: Enhanced Online News)--The Blackstone Group L.P. (NYSE: BX) today reported its first quarter 2011 results. Economic Net Income (“ENI”) was $568.1 million for the first quarter of 2011, an increase of $207.7 million compared to ENI for the first quarter of 2010. The increase in ENI was driven principally by strong investment performance across Blackstone’s investment segments, which produced $726.9 million in Performance Fees and Investment Income, more than twice the $343.0 milli a style='font-size
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