Blackstone Group is trading 4.09% down now at $140.47 in after-hours trading after Bloomberg reported on August 12, 2026, that the firm may abandon plans to raise approximately $3 billion through a collateralized fund obligation.
- The proposed financing faced difficulty attracting buyers for its riskiest equity tranche.
- The company-specific financing setback appears to be the clearest catalyst; broader markets remained modestly positive.
- Blackstone’s separate C$2.5 billion Aeroplan investment was announced earlier and does not explain the negative move.