3 ms·
Not trying to defend blackstone but they have half a trillion in AUM. I highly doubt they were directly involved in such decision.
by csomar 6y ago
Not trying to defend blackstone but they have half a trillion in AUM. I highly doubt they were directly involved in such decision.
- obmelvin 6y agoI don't understand what their AUM has to do with it?
- derivagral 6y agoI believe GP was trying to say that management of the owning company doesn't necessarily spend a great deal of time going through all the ongoing details of every business owned, compared to a company that might only have Ancestry.com as an asset. I don't think this really alleviates concerns people have though.