How Blackstone Landed $20 Billion From Saudi Arabia

The transcript discusses a $20 billion investment with favorable terms, including fee discounts and a revenue sharing agreement with the Saudi fund. It compares this investment to others, highlighting its unprecedented size. The discussion also covers the potential impact of US-Saudi relations on the investment, particularly in the context of infrastructure and national security concerns. The possibility of sanctions and the reactions from Blackstone and the market are also explored.

What is one of the most favorable terms of the $20 billion investment?

• A higher interest rate

• A discount on fees

• A guaranteed return

• A longer investment period

How does the revenue-sharing agreement benefit the Saudi fund?

• They receive additional shares in the fund

• They pay 15% less in fees

• They have exclusive rights to certain projects

• They get priority in investment decisions

What is a potential concern regarding foreign investment in U.S. infrastructure?

• Increased local employment

• Longer project timelines

• Higher construction costs

• National security risks

What right does Blackstone have if sanctions are placed on Saudi Arabia?

• To demand higher fees

• To exclude PIF from deals

• To increase the investment amount

• To change the investment terms

What has been the market's reaction to the investment?

• It has been met with skepticism

• It is considered a minor event

• It is the talk of the town

• It has been largely ignored