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Blackstone's biggest hedge fund business returned 12% in 2025, sources say

Blackstone's biggest hedge fund business returned 12% in 2025, sources say

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Blackstone’s biggest hedge fund platform, Absolute Return Composite (AR), returned nearly 12% last ​year, beating the benchmark HFRX Global Hedge Fund Index’s 7.1% gain, two ‌people familiar with the numbers said on Wednesday.

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