Jon Gray on the Early Stages of a Capital Markets Recovery

Neither this video nor any of the information contained herein constitutes an offer to sell, or a solicitation of an offer to buy, any security, Blackstone fund or other investment vehicle or strategy. Past performance does not predict future returns, and there is no assurance that any Blackstone fund will achieve its objectives or avoid significant losses. This video may contain forward-looking statements, which are subject to various risks and uncertainties, and actual events or results or the actual performance of any investments may differ materially from those reflected or contemplated herein. Statements contained herein are based on current expectations, estimates, opinions, and/or beliefs of Blackstone or third parties as of the date of the recording and should not be construed as research or investment advice. There can be no assurance that views and opinions expressed in this recording will come to pass and are subject to change. There can be no assurances that any of the trends described herein will continue or will not reverse.

For information about Blackstone’s business, including risks and financial information, please refer to our most recent Annual Report on Form 10-K filed with the Securities and Exchange Commission. Additional information is available here at http://ir.blackstone.com. This video is owned by Blackstone and may not be downloaded, recorded or reused in any way without Blackstone’s express consent.