Alternative asset manager Blackstone Inc. has announced plans to invest up to $500 billion in Europe over the next 10 years. The announcement came during an interview commemorating the company’s 25-year presence in London, where CEO Steve Schwarzman expressed optimism about the investment outlook.
Strategic Investment Outlook
Schwarzman characterized Europe’s changing regulatory environment as potentially leading to higher growth rates, describing the situation as a “significant opportunity” for Blackstone. This announcement follows similar expressions of interest in European investments from other major asset managers. At last week’s SuperReturn International conference in Berlin, executives from BC Partners, Permira, and Brookfield Asset Management all endorsed Europe as an attractive investment destination, particularly in light of rising global economic risks.
Established European Presence
Blackstone currently employs 650 staff at its London office and has already invested approximately $100 billion in the UK, making it one of the country’s largest foreign investors. Schwarzman specifically praised the British government’s support and attention in facilitating these investments, highlighting the collaborative relationship between the company and UK policymakers.
The $500 billion investment plan represents a substantial commitment to European markets and suggests growing confidence among global asset managers in Europe’s long-term economic prospects despite current global uncertainties. The announcement reinforces London’s position as a key financial hub for international investment activities.
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