New York, February 6, 2026, 21:13 EST — The session is over.
- Blackstone ended the day at $129.69, up 2.25%, paring back some of the week’s choppiness.
- TPG is picking up a majority interest in Sabre Industries after striking a deal that values the company around $3.5 billion.
- Blackstone’s dividend record date lands Feb. 9, with investors also eyeing key U.S. data on jobs and inflation coming up Feb. 11 and Feb. 13.
Blackstone Inc. (BX) rebounded Friday, finishing 2.25% higher at $129.69 after tumbling the previous session and enduring a tough stretch for sector peers. By late after-hours, the shares hovered at $129.65.
This shift is key: Blackstone lands right in the middle of ongoing scrutiny facing private-market managers. Investors have hammered anything linked to leverage, credit risk, or tech—only to jump back in once rates stabilize and risk appetite returns.
Reuters flagged a sharp tug-of-war lately, as AI-fueled volatility in software stocks has rippled into the alternative asset management space. “The trigger … is driven by the software selloff and concern over loan exposure and leverage,” said Mark Hackett, chief market strategist at Nationwide. Investors, meanwhile, have been scrutinizing business development companies—public vehicles that lend to mid-sized companies—for ties to the software sector. Reuters
Blackstone grabbed headlines Friday with news it’s selling a majority stake in Sabre Industries, a power infrastructure company, to TPG. The deal puts Sabre’s value near $3.5 billion, according to both firms. Blackstone isn’t walking away entirely; it’s hanging on to a sizable minority position. President and COO Jon Gray has pitched investments tied to AI’s backbone — think data centers and similar infrastructure — as a steadier way to ride the trend.
Blackstone has secured a green light from India’s central bank to acquire as much as 9.99% of Federal Bank, setting up the private equity giant to become the bank’s top shareholder. Back in October, Blackstone struck a deal to invest roughly $700 million for the 9.9% holding, according to Federal Bank.
Blackstone is set to pay a $1.49 quarterly dividend, with Feb. 9 as the record date and Feb. 17 as the payment date, per the company’s investor relations site.
The rebound looks shaky. If software slides again or credit spreads push wider, those old worries about loan books, leverage, and how tough it might get to sell investments at good prices could come rushing back.
The stakes are high for next week’s macro lineup. The U.S. January jobs report hits Wednesday, Feb. 11 at 8:30 a.m. ET. Then on Friday, Feb. 13 at the same time, the January CPI lands.
The immediate focus for Blackstone is Monday’s dividend record date. But looking just ahead, the spotlight turns to Wednesday’s jobs report—a release that could shake up expectations for rates and jolt private-credit or buyout stocks once more.
