Blackstone got the parade of 2Q earnings reports going last week, posting strong returns after a lackluster 1Q. Firm-wide, Blackstone reported economic net income of $520 million, up 40% from 1Q and up 2% YoY. Total AUM grew to $356.3 billion, up 7% YoY. Within its private equity business, Blackstone deployed $1.6 billion during the quarter, realized $3.8 billion and raised $7 billion for future use, increasing PE AUM to $99.7 billion, an 8% YoY climb. The firm declared a 2Q dividend of $0.36 per unit.