BRIEF-Blackstone Group Qtrly Net Income Per Common Unit $0.53

April 19 (Reuters) – Blackstone Group LP:

* QTRLY NET INCOME PER COMMON UNIT $0.53

* QTRLY TOTAL REVENUES $1.77 BILLION VERSUS $1.94 BILLION REPORTED LAST YEAR

* BLACKSTONE – QUARTERLY DISTRIBUTION OF $0.35 PER COMMON UNIT

* TOTAL AUM INCREASED $81.4 BILLION, OR 22%, TO $449.6 BILLION AT QUARTER-END DRIVEN BY $112.2 BILLION OF INFLOWS

* QTRLY ECONOMIC NET INCOME WAS $792 MILLION ($0.65/UNIT) IN THE QUARTER, ON $1.7 BILLION OF TOTAL SEGMENT REVENUES

* Q1 EARNINGS PER SHARE VIEW $0.45, REVENUE VIEW $1.29 BILLION — THOMSON REUTERS I/B/E/S

* DISTRIBUTABLE EARNINGS (“DE”) WAS $502 MILLION ($0.41/UNIT) IN THE QUARTER

* INCREASED ITS UNIT REPURCHASE AUTHORIZATION TO $1 BILLION

* INTEND TO MAKE A SPECIAL DISTRIBUTION OF $0.30 PER UNIT IN 2018 Source text for Eikon: Further company coverage:

JEFFREY LIPTON in BARBADOS – http://feeds.reuters.com/~r/reuters/companyNews/~3/ahkGr-XiKtI/brief-blackstone-group-qtrly-net-income-per-common-unit-0-53-idUSFWN1RW0I5

Author: JEFFREY LIPTON BARBADOS