Blackstone Inc.: 10-K Risk Factor Changes

2025 vs 2024  ·  SEC EDGAR  ·  2026-07-05
Other years: 2026 vs 2025
✓ Deterministic extraction — no AI-generated data

Classification is based on semantic text similarity scoring and may include approximations. “No match” means no high-confidence textual match was found — not necessarily that a section was removed.

1
New Risks
3
Removed
16
Modified
53
Unchanged
🔴 No Match in Current Filing Another pandemic or global health crisis like the COVID-19 pandemic may adversely impact our performance and results of operations. 🔒
🟢 New in Current Filing Our equity investments and some of our debt investments rank junior to investments made by others, exposing us to a greater risk of losing our fund’s investment. 🔒
🟡 Modified Climate change, climate and sustainability-related regulation and sustainability concerns could adversely affect our businesses and the operations of our funds’ portfolio companies, and any actions we take or fail to take in response to such matters could damage our reputation. 🔒
🟡 Modified Trade negotiations and related government actions may create regulatory uncertainty for our funds’ portfolio companies and our investment strategies and adversely affect the profitability of our funds’ portfolio companies. 🔒
🟡 Modified Difficult market, economic and geopolitical conditions can adversely affect our business in many ways, each of which could materially reduce our revenue, earnings and cash flow and adversely affect our financial prospects and condition. 🔒
🟡 Modified Complex regulatory regimes and potential regulatory changes in jurisdictions outside the United States could adversely affect our business. 🔒
🟡 Modified Employee misconduct could harm us by impairing our ability to attract and retain clients and subjecting us to significant legal liability and reputational harm. Fraud, deceptive practices or other misconduct at portfolio companies or service providers could similarly subject us to liability and reputational damage and also harm performance. 🔒
🟡 Modified Our use of borrowings to finance our business exposes us to risks. 🔒
🟡 Modified The asset management business is intensely competitive. 🔒
🟡 Modified Extensive regulation of our businesses affects our activities and creates the potential for significant liabilities and penalties. The possibility of increased regulatory focus could result in additional burdens on our business. 🔒
🟡 Modified A decline in the pace or size of investments made by our funds may adversely affect our revenues. 🔒
🟡 Modified Our funds’ investments in infrastructure assets may expose us to increased risks that are inherent in the ownership of real assets. 🔒
🔴 No Match in Current Filing We are not required to comply with certain provisions of U.S. securities laws relating to proxy statements and certain related matters. 🔒
🔴 No Match in Current Filing Our certificate of incorporation states that the Series II Preferred Stockholder is under no obligation to consider the separate interests of the other stockholders and contains provisions limiting the liability of the Series II Preferred Stockholder. 🔒
🟡 Modified Laws and regulations on foreign direct investment applicable to us and our funds’ portfolio companies, both within and outside the U.S., may make it more difficult for us to deploy capital in certain jurisdictions or to sell assets to certain buyers. 🔒
🟡 Modified Technological developments in artificial intelligence could disrupt the markets in which we operate and subject us to increased competition, legal and regulatory risks and compliance costs. 🔒
🟡 Modified We are subject to increasing scrutiny from regulators, elected officials, stockholders, investors and other stakeholders with respect to sustainability matters, which may adversely impact our ability to raise capital from certain investors, constrain capital deployment opportunities for our funds and harm our brand and reputation. 🔒
🟡 Modified We rely on complex exemptions from statutes in conducting our asset management activities. 🔒
🟡 Modified Poor performance of our investment funds would cause a decline in our revenue, income and cash flow, may obligate us to repay Performance Allocations previously paid to us, and could adversely affect our ability to raise capital for future investment funds. 🔒
🟡 Modified Risks Related to Our Organizational Structure 🔒
20 changes in this historical filing

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