Blackstone (NYSE:BX) today reported its full year and fourth quarter 2013 results. Stephen A. Schwarzman, Chairman and Chief Executive Officer, said, “I am very pleased with our fourth quarter results, which capped a record year for Blackstone. Strong growth and investment performance across all of our businesses drove record full year revenues of $6.6 billion, up 63% year-over-year, and economic net income of $3.5 billion, up 76%. 2013 was also one of the firm’s best years in terms of investment performance, helped by four successful initial public offerings in the fourth quarter. These investments provide a good illustration of how our long-term fund structures benefit our investors, and how our patient approach toward improving assets can ultimately drive better earnings growth and fund performance. Our limited partner investors recognize this, and continue to entrust us with more of their capital to manage. We ended the year with a record $266 billion in total assets under management, up 26% year-over-year.” Blackstone issued a full detailed presentation of its full year and fourth quarter 2013 results which can be viewed at www.Blackstone.com. Distribution Blackstone has declared a quarterly distribution of $0.58 per common unit to record holders of common units at the close of business on February 10, 2014. This distribution will be paid on February 18, 2014. Quarterly Investor Call Details Blackstone will host a conference call on January 30, 2014 at 11:00 a.m. ET to discuss full year and fourth quarter 2013 results. The conference call can be accessed via the Investors section of Blackstone’s website at www.Blackstone.com or by dialing +1 (877) 391-6747 (U.S. domestic) or +1 (617) 597-9291 (international), pass code 149 943 55#. For those unable to listen to the live broadcast, a replay will be available on www.Blackstone.com or by dialing +1 (888) 286-8010 (U.S. domestic) or +1 (617) 801-6888 (international), pass code 348 115 94#. About Blackstone Blackstone (NYSE:BX) is one of the world’s leading investment and advisory firms. We seek to create positive economic impact and long-term value for our investors, the companies we invest in, the companies we advise and the broader global economy. We do this through the commitment of our extraordinary people and flexible capital. Our asset management businesses include investment vehicles focused on private equity, real estate, hedge fund solutions, non-investment grade credit, secondary funds, and multi asset class exposures falling outside of other funds’ mandates. Blackstone also provides various financial advisory services, including financial and strategic advisory, restructuring and reorganization advisory and fund placement services. Further information is available at www.Blackstone.com. Follow Blackstone on Twitter @Blackstone. Forward-Looking Statements This release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 which reflect Blackstone’s current views with respect to, among other things, Blackstone’s operations and financial performance. You can identify these forward-looking statements by the use of words such as “outlook,” “believes,” “expects,” “potential,” “continues,” “may,” “will,” “should,” “seeks,” “approximately,” “predicts,” “intends,” “plans,” “estimates,” “anticipates” or the negative version of these words or other comparable words. Such forward-looking statements are subject to various risks and uncertainties. Accordingly, there are or will be important factors that could cause actual outcomes or results to differ materially from those indicated in these statements. Blackstone believes these factors include but are not limited to those described under the section entitled “Risk Factors” in its Annual Report on Form 10-K for the fiscal year ended December 31, 2012, as such factors may be updated from time to time in its periodic filings with the Securities and Exchange Commission, which are accessible on the SEC’s website at www.sec.gov. These factors should not be construed as exhaustive and should be read in conjunction with the other cautionary statements that are included in this release and in the filings. Blackstone undertakes no obligation to publicly update or review any forward-looking statement, whether as a result of new information, future developments or otherwise. This release does not constitute an offer of any Blackstone Fund.