Item 1A. Unaudited Supplemental Presentation of Statements of Financial Condition

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Item 1A. Unaudited Supplemental Presentation of Statements of Financial Condition

Blackstone Inc.

Unaudited Consolidating Statements of Financial Condition

(Dollars in Thousands)


	June 30, 2023
	Consolidated			Consolidated
	Operating			Blackstone		Reclasses and
	Partnerships			Funds (a)		Eliminations			Consolidated

Assets
Cash and Cash Equivalents	$	3,280,204		$	—	$	—		$	3,280,204
Cash Held by Blackstone Funds and Other		—			215,444		—			215,444
Investments		22,265,924			5,490,773		(708,076	)		27,048,621
Accounts Receivable		653,090			10,938		—			664,028
Due from Affiliates		4,329,222			10,692		(45,477	)		4,294,437
Intangible Assets, Net		219,221			—		—			219,221
Goodwill		1,890,202			—		—			1,890,202
Other Assets		904,673			781		—			905,454
Right-of-Use Assets		888,190			—		—			888,190
Deferred Tax Assets		2,176,983			—		—			2,176,983

Total Assets	$	36,607,709		$	5,728,628	$	(753,553	)	$	41,582,784


Liabilities and Equity
Loans Payable	$	10,585,621		$	1,714,234	$	—		$	12,299,855
Due to Affiliates		1,989,910			151,177		(48,250	)		2,092,837
Accrued Compensation and Benefits		5,685,879			—		—			5,685,879
Securities Sold, Not Yet Purchased		3,821			—		—			3,821
Repurchase Agreements		18,262			—		—			18,262
Operating Lease Liabilities		1,013,813			—		—			1,013,813
Accounts Payable, Accrued Expenses and Other Liabilities		1,245,129			132,709		—			1,377,838

Total Liabilities		20,542,435			1,998,120		(48,250	)		22,492,305


Redeemable Non-Controlling Interests in Consolidated Entities		1			1,626,348		—			1,626,349


Equity
Common Stock		7			—		—			7
Series I Preferred Stock		—			—		—			—
Series II Preferred Stock		—			—		—			—
Additional Paid-in-Capital		6,076,366			681,401		(681,400	)		6,076,367
Retained Earnings		1,160,278			23,903		(23,903	)		1,160,278
Accumulated Other Comprehensive Income (Loss)		(35,153	)		17,948		—			(17,205	)
Non-Controlling Interests in Consolidated Entities		3,794,053			1,380,908		—			5,174,961
Non-Controlling Interests in Blackstone Holdings		5,069,722			—		—			5,069,722

Total Equity		16,065,273			2,104,160		(705,303	)		17,464,130

Total Liabilities and Equity	$	36,607,709		$	5,728,628	$	(753,553	)	$	41,582,784

Blackstone Inc.

Unaudited Consolidating Statements of Financial Condition - Continued

(Dollars in Thousands)


	December 31, 2022
	Consolidated			Consolidated
	Operating			Blackstone		Reclasses and
	Partnerships			Funds (a)		Eliminations			Consolidated

Assets
Cash and Cash Equivalents	$	4,252,003		$	—	$	—		$	4,252,003
Cash Held by Blackstone Funds and Other		—			241,712		—			241,712
Investments		23,236,603			5,136,542		(819,894	)		27,553,251
Accounts Receivable		407,681			55,223		—			462,904
Due from Affiliates		4,185,982			8,417		(47,692	)		4,146,707
Intangible Assets, Net		217,287			—		—			217,287
Goodwill		1,890,202			—		—			1,890,202
Other Assets		798,299			2,159		—			800,458
Right-of-Use Assets		896,981			—		—			896,981
Deferred Tax Assets		2,062,722			—		—			2,062,722

Total Assets	$	37,947,760		$	5,444,053	$	(867,586	)	$	42,524,227


Liabilities and Equity
Loans Payable	$	10,899,584		$	1,450,000	$	—		$	12,349,584
Due to Affiliates		2,039,549			128,681		(49,749	)		2,118,481
Accrued Compensation and Benefits		6,101,801			—		—			6,101,801
Securities Sold, Not Yet Purchased		3,825			—		—			3,825
Repurchase Agreements		89,944			—		—			89,944
Operating Lease Liabilities		1,021,454			—		—			1,021,454
Accounts Payable, Accrued Expenses and Other Liabilities		1,132,213			25,858		—			1,158,071

Total Liabilities		21,288,370			1,604,539		(49,749	)		22,843,160


Redeemable Non-Controlling Interests in Consolidated Entities		3			1,715,003		—			1,715,006


Equity
Common Stock		7			—		—			7
Series I Preferred Stock		—			—		—			—
Series II Preferred Stock		—			—		—			—
Additional Paid-in-Capital		5,935,273			800,381		(800,381	)		5,935,273
Retained Earnings		1,748,106			17,456		(17,456	)		1,748,106
Accumulated Other Comprehensive Income (Loss)		(35,346	)		7,871		—			(27,475	)
Non-Controlling Interests in Consolidated Entities		3,757,677			1,298,803		—			5,056,480
Non-Controlling Interests in Blackstone Holdings		5,253,670			—		—			5,253,670

Total Equity		16,659,387			2,124,511		(817,837	)		17,966,061

Total Liabilities and Equity	$	37,947,760		$	5,444,053	$	(867,586	)	$	42,524,227

(a)	The Consolidated Blackstone Funds consisted of the following:

Blackstone / GSO Global Dynamic Credit Feeder Fund (Cayman) LP**

Blackstone / GSO Global Dynamic Credit Funding Designated Activity Company**

Blackstone / GSO Global Dynamic Credit Master Fund**

Blackstone / GSO Global Dynamic Credit USD Feeder Fund (Ireland)**

Blackstone Annex Onshore Fund L.P.

Blackstone Horizon Fund L.P.

Blackstone Real Estate Special Situations Holdings L.P.**

Blackstone Strategic Alliance Fund L.P.**

BTD CP Holdings LP

Blackstone Dislocation Fund L.P.

BEPIF (Aggregator) SCSp

BX Shipston SCSp

Blackstone Private Equity Strategies Fund L.P.

Blackstone Private Equity Strategies Fund SICAV

Blackstone Private Equity Strategies Fund (Master) FCP*

Blackstone Infrastructure Hogan

Co-Invest

(CYM) L.P.

Clover Credit Partners CLO III, Ltd.*

Mezzanine

side-by-side

investment vehicles**

Private equity

side-by-side

investment vehicles

Real estate

side-by-side

investment vehicles

Hedge Fund Solutions

side-by-side

investment vehicles.

*Consolidated as of June 30, 2023 only

** Consolidated as of December 31, 2022 only

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