Michael Chae, Chief Financial Officer of Blackstone Group, stated that the company's portfolio and strategies enable it to seize growth opportunities in artificial intelligence (AI) and infrastructure, facilitating large-scale capital deployment and attraction. During a conference held by Barclays on Tuesday, Chae revealed that Blackstone has assisted nine of its portfolio companies in completing initial public offerings (IPOs) over the past year, with six more having "filed listing applications in various regions globally." As an alternative asset manager overseeing $1.3 trillion in assets, Blackstone's investment strategies span AI, power, life sciences, and providing private market loans to corporations. Chae noted that 70% of Blackstone's largest investments over the past 12 months have been concentrated in these sectors, stating, "It's a good time to deploy capital now."