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Document Information

Type: Financial research report / investment bank analysis
File Size: 1.26 MB
Summary

This document is a page from a Morgan Stanley research report titled 'North America Insight' focusing on Blackstone (BX). It presents a 'Sum-of-the-Parts' (SOTP) and sensitivity analysis regarding a potential C-Corp conversion for the company, utilizing financial data 'as of 3Q17' and estimates for 2018. The page includes valuation tables (Exhibit 36) and heat maps (Exhibits 37 and 38) projecting share prices and percentage changes based on fee-related earnings multiples. The document bears the stamp 'HOUSE_OVERSIGHT_025574'.

Timeline (1 events)

2018 (estimated)
Potential C-Corp Conversion analysis for Blackstone
N/A

Locations (1)

Location Context

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Morgan Stanley Financial Analyst/Subject Blackstone
Morgan Stanley Research report analyzing Blackstone (BX) stock valuation.

Key Quotes (3)

"Blackstone SOTP and Sensitivity Analysis"
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"BX Estimated Potential Share Price in C-corp Conversion"
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Quote #2
"Market Implied Carry Value"
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Quote #3

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