Blackstone Inc. & South Korea

Blackstone Inc.: Blackstone Inc. successfully closed its largest Asia private equity fund, Blackstone Inc. Capital Partners Asia III, at $13.1 billion, exceeding its target. This strengthens its position as a leading alternative asset manager in the MSCI Asia Pacific Index region.

South Korea: South Korea is a market where Blackstone Inc. has invested in a hair salon franchise, indicating diversification of investment targets.

Blackstone Inc.: Blackstone Inc. shares climbed after the U.S. Department of Labor issued guidelines for adding alternative assets to 401(k) retirement plans, indicating a positive market reaction to regulatory changes.