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Blackstone Q3 profit up on strong fund performance

BY  Reuters
Blackstone Group LP, the largest publicly listed alternative asset manager, said on Thursday third-quarter profit was its third best since going public in 2007 as its funds appreciated in value and performance fees soared.

Blackstone Group LP, the largest publicly listed alternative asset manager, said on Thursday third-quarter profit was its third best since going public in 2007 as its funds appreciated in value and performance fees soared.

Blackstone reported that third-quarter...

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