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NEW YORK CITY-The first quarter was a stellar one for Blackstone. By a number of financial measures, revealed Thursday during a Q1 earnings call, the company grew exponentially, even breaking its own records. Blackstone’s real estate holdings were no exception to the company’s strong gains at the start of the year.

“It’s been a terrific start to the year,” said Stephen Schwarzman, chairman and CEO, on the call. “First quarter revenues were up 29% year-over-year, and earnings rose 28%. Assets under management grew by 15%, to a record  $218 billion, despite a sharp increase in cash realizations to $6 billion in the first quarter.”

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