Compare · BX vs FSD
BX vs FSD
Side-by-side comparison of Blackstone Inc. (BX) and First Trust High Income Long Short Fund (FSD): market cap, price performance, sector, and recent activity on the wire.
Summary
- Both BX and FSD operate in Investment Managers (Finance), so they compete in similar markets.
- BX carries a market cap of $90.28B.
- BX has hit the wire 20 times in the past 4 weeks while FSD has been quiet.
- BX has more recent analyst coverage (25 ratings vs 0 for FSD).
Blackstone Inc.
The Blackstone Group Inc. is an alternative asset management firm specializing in real estate, private equity, hedge fund solutions, credit, secondary funds of funds, public debt and equity and multi-asset class strategies. The firm typically invests in early-stage companies. It also provide capital markets services. The real estate segment specializes in opportunistic, core+ investments as well as debt investment opportunities collateralized by commercial real estate, and stabilized income-oriented commercial real estate across North America, Europe and Asia. The firm's corporate private equity business pursues transactions throughout the world across a variety of transaction types, including large buyouts,special situations, distressed mortgage loans, mid-cap buyouts, buy and build platforms, which involves multiple acquisitions behind a single management team and platform, and growth equity/development projects involving significant majority stakes in portfolio companies and minority investments in operating companies, shipping, real estate, corporate or consumer loans, and alternative energy greenfield development projects in energy and power, property, dislocated markets, shipping opportunities, financial institution breakups, re-insurance, and improving freight mobility, financial services, healthcare, life sciences, enterprise tech and consumer, as well as consumer technologies. The fund considers investment in Asia and Latin America. It has a three year investment period. Its hedge fund business manages a broad range of commingled and customized fund solutions and its credit business focuses on loans, and securities of non-investment grade companies spread across the capital structure including senior debt, subordinated debt, preferred stock and common equity. The Blackstone Group Inc. was founded in 1985 and is headquartered in New York, New York with additional offices across Asia, Europe and North America.
First Trust High Income Long Short Fund
First Trust High Income Long/Short Fund is a closed-ended fixed-income mutual fund launched and managed by First Trust Advisors, L.P. It is co-managed by MacKay Shields LLC. The fund invests in fixed-income markets across the globe. It primarily invests in high-yield corporate fixed-income securities of varying maturities that are rated below-investment grade, including corporate bonds, debentures, notes, and commercial papers. The fund employs fundamental analysis and a long/short strategy, with a focus on such factors as type, size, and cost of a security, financial statements of the issuer, credit quality and cash flow of the issuer, and evaluation of the forces which influence the market to create its portfolio. It benchmarks the performance of its portfolio against the Bank of America Merill Lynch U.S. High Yield Master II Constrained Index. First Trust High Income Long/Short Fund was formed on June 18, 2010 and is domiciled in the United States.
Latest BX
- Chief Legal Officer Finley John G gifted 35,000 shares and received a gift of 35,000 shares, decreasing direct ownership by 7% to 479,017 units (SEC Form 4)
- Director Porat Ruth bought $54,721 worth of shares (453 units at $120.70), increasing direct ownership by 0.87% to 42,558 units (SEC Form 4)
- SEC Form 10-Q filed by Blackstone Inc.
- Aon and funds managed by Blackstone launch Cortina, a new Lloyd's syndicate offering efficient, long-term capital to reinsurance clients
- Blackstone Life Sciences Announces $455 Million Collaboration to Co-Fund Development of Boston Scientific VITALYST™ Heart Pump for Patients with Cardiogenic Shock
- Blackstone Inc. filed SEC Form 8-K: Entry into a Material Definitive Agreement, Creation of a Direct Financial Obligation
- Blackstone Completes Senior Notes Offering
- Blackstone and Leading Canadian Institutional Investors Announce $3.1B Investment in Mitsubishi Corporation’s Interest in LNG Canada
- Chief Legal Officer Finley John G gifted 2,000 shares and received a gift of 2,000 shares, decreasing direct ownership by 0.39% to 514,017 units (SEC Form 4)
- Chip Earnings Power Averages Higher as Nasdaq Volatility Cools Midweek
Latest FSD
- Amendment: SEC Form SC 13G/A filed by First Trust High Income Long Short Fund
- First Trust High Income Long Short Fund filed SEC Form 8-K: Regulation FD Disclosure, Financial Statements and Exhibits
- abrdn Income Credit Strategies Fund (ACP) and First Trust High Income Long/short Fund (FSD) Announce Closing of Reorganization
- SEC Form 25-NSE filed by First Trust High Income Long Short Fund
- abrdn Income Credit Strategies Fund Announces Closing Date for Acquisition of Assets From First Trust High Income Long/Short Fund and Announces Distribution Payment Details
- SEC Form N-CSRS filed by First Trust High Income Long Short Fund
- First Trust Announces Timing of Reorganization of First Trust High Income Long/Short Fund with and into abrdn Income Credit Strategies Fund
- SEC Form NPORT-P filed by First Trust High Income Long Short Fund
- First Trust High Income Long/Short Fund Declares its Monthly Common Share Distribution of $0.105 Per Share for July
- abrdn Income Credit Strategies Fund Announces Update and Tentative Closing Date for Acquisition of Assets From First Trust High Income Long/Short Fund