Blackstone President Jon Gray on fourth-quarter results and investment strategy

Blackstone reported distributable earnings per share of $1.13, compared to a consensus estimate of 89 cents a share. Its results were helped by a jump in the value of its private-equity portfolio amid gains in the overall market. Blackstone President and COO Jonathan Gray joined "Squawk Box" on Wednesday to discuss the company's performance and future investments.
Wed, Jan 27 202110:55 AM EST