Blackstone Inc. (BX) Q2 2025 Earnings Call

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WEBVTT 00:00:00.706 -- 00:00:05.291 Good day and welcome to the Blackstone second quarter 2025 investor call. 00:00:05.291 -- 00:00:08.954 Today's call is being recorded. At this time, all participants are in a listen-only mode. 00:00:08.954 -- 00:00:13.098 If you require operator assistance, please press star zero. 00:00:13.098 -- 00:00:16.722 If you would like to ask a question, please signal by pressing star one. 00:00:16.722 -- 00:00:20.125 If you're using a speakerphone, please make sure your mute function is turned off to 00:00:20.125 -- 00:00:24.089 allow your signal to reach our equipment. At this time, I'd like to turn the call over 00:00:24.089 -- 00:00:26.271 to Weston Tucker, head of shareholder relations. 00:00:26.271 -- 00:00:28.567 Please go ahead. 00:00:28.567 -- 00:00:32.311 Great. Thank you, Katie, and good morning, and welcome to Blackstone's second quarter 00:00:32.311 -- 00:00:37.517 conference call. Joining today are Steve Schwarzman, Chairman and CEO, John 00:00:37.517 -- 00:00:41.942 Gray, President and Chief Operating Officer, and Michael Che, Vice Chairman and Chief 00:00:41.942 -- 00:00:46.386 Financial Officer. Earlier this morning, we issued a press release and slide presentation, 00:00:46.386 -- 00:00:51.552 which are available on our website. We expect to file our 10-Q report in a few weeks. 00:00:51.552 -- 00:00:54.575 I'd like to remind you that today's call may include forward-looking statements which 00:00:54.575 -- 00:00:57.693 are uncertain and may differ from actual results materially. 00:00:57.693 -- 00:01:00.818 We do not undertake any duty to update these statements. 00:01:00.818 -- 00:01:04.084 For a discussion of some of the factors that could affect results, please see the risk 00:01:04.084 -- 00:01:09.032 factor section of...