Blackstone Inc. (BX) Q1 2025 Earnings Call

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WEBVTT 00:00:00.807 -- 00:00:05.181 Thank you for standing by. You're on hold for the Blackstone first quarter 2025 investor 00:00:05.181 -- 00:00:09.976 call. At this time, we're gathering additional participants and should be underway shortly. 00:00:09.976 -- 00:00:14.162 We appreciate your patience and ask that you continue to hold. 00:02:30.775 -- 00:02:32.775 ¶¶ 00:02:59.345 -- 00:03:01.345 ¶¶ 00:03:29.163 -- 00:03:31.163 music 00:03:31.731 -- 00:03:33.731 music 00:06:06.607 -- 00:06:11.952 Good day and welcome to the Blackstone first quarter 2025 investor call. 00:06:11.952 -- 00:06:16.277 Today's call is being recorded. At this time, all participants are in a listen-only mode. 00:06:16.277 -- 00:06:20.401 If you require operator assistance at any time, please press star zero. 00:06:20.401 -- 00:06:24.084 If you'd like to ask a question, please signal by pressing star one on your telephone 00:06:24.084 -- 00:06:28.349 keypad. If you're using a speakerphone, please make sure your mute function is turned 00:06:28.349 -- 00:06:30.991 off to allow your signal to reach our equipment. 00:06:30.991 -- 00:06:35.175 At this time, I'd like to turn the call over to Weston Tucker, head of shareholder relations. 00:06:35.175 -- 00:06:37.516 Please go ahead. 00:06:37.893 -- 00:06:41.477 Thank you, Katie, and good morning, and welcome to Blackstone's first quarter conference 00:06:41.477 -- 00:06:46.443 call. Joining today are Steve Schwarzman, Chairman and CEO, John Gray, President and 00:06:46.443 -- 00:06:51.208 Chief Operating Officer, and Michael Che, Vice Chairman and Chief Financial Officer. 00:06:51.208 -- 00:06:54.672 Earlier this morning, we issued a press release and slide presentation, which are available 00:06:54.672 -- 00:06:59.177 on our website. We expect to f...