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As technology improves the investment portfolio, the Blackstone Group’s earnings increase



Blackstone Group Inc.’s net profit in the third quarter was slightly higher due to its focus on technology-related investments that helped its private equity portfolio jump above the already active market.

The Blackstone Group’s third-quarter net income was 794.7 million US dollars, or 1.13 US dollars per share. In contrast, the profit in the same period last year was 779.4 million US dollars, or 1.15 US dollars per share.

That one…


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