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A data tool Blackstone built for its real-estate empire is now being used across its PE portfolio. Here's why it could play a key role in the investing giant uncovering new deals.

Por: Business Insider Business December 19, 2022

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A cloud-based data tool that is now being put to work in other areas of the Wall Street giant's portfolio, Insider has learned.Blackstone Chief Technology Officer John Stecher told Insider that Blackstone now uses Data Direct — previously called Real Estate Data Direct — across both its real estate and private-equity portfolios. The tool was first designed to integrate disparate sources of data on property holdings and present them in a... + full article



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