Investors are buying just about everything Blackstone Group LP has to offer, except its stock. The New York private-equity firm sold $7.2 billion in real-estate assets in the third quarter. Investors poured $68.5 billion into its funds in the first nine months of the year, pushing Blackstone’s assets under management to a record $361 billion. The firm has more than $100 billion available to spend on new investments.

Source: Wall Street Journal October 27, 2016 11:40 UTC