Ares CEO Calls C-Corp Switch 'Great' for Asset Managers

The transcript discusses Blackstone's decision to convert from a publicly traded partnership to a C Corp. This move aims to unlock liquidity and valuation in the stock, making it more accessible to various investor classes. The conversion has led to increased stock performance and attracted more investors. However, it also involves trade-offs, such as greater tax liabilities. The discussion highlights the natural evolution of market strategies and the inevitability of becoming a public company as markets mature.

What trade-offs are associated with converting to a C Corp according to the speaker?

What does the speaker suggest about the future of investment firms in relation to public markets?