Blackstone's earnings strong on Q3 realisations

The firm's private equity unit generated $2.5 billion on stakes in companies it owns during the third quarter

Blackstone Group reported strong third-quarter earnings amid a somewhat cooler exit market and still lethargic deal environment.

The New York-based firm posted a profit of $171.2 million, or 29 cents a share, up from $128.8 million, or 24 cents a share for the same period a year earlier.

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Pro Bono or Pro Nono? Law Firms Split on Fulfilling Deals With TrumpExternal link

Pro Bono or Pro Nono? Law Firms Split on Fulfilling Deals With Trump