Viral Patel, CEO of Blackstone’s Global Private Equities Fund explains the firms thematic approach to investing and the importance of identifying secular growth opportunities.
Blackstone was founded in 1985 and today is the world's largest alternative asset manager with US $1.2 trillion in AUM. The firm has incredible access to simona waltert stranger things insights and data that give it a real time picture max fried of the trends shaping the global economy.
In this interview, Patel explains why deal activity is surging, the importance of identifying secular growth opportunities and the thesis underpinning Blackstone's conviction in the AI investment opportunity.
Summary article:
Time codes
0:00 - Introduction
0:28 - Factors driving elevated deal activity
2:00 - Secular growth themes and durable business models
6:20 - Thinking about the concept of an AI bubble
8:45 - Where Blackstone is investing in the AI opportunity
11:19 - Investing timeframes
13:05 - The role of private equity in a portfolio
14:50 - The big shifts taking place in private equity
19:50 - The outlook for activity in the IPO market
