因为黑石基金拥有私人公司，这意味着在对资产价值上抱有很多的主观性。

Because Blackstone's funds hold private firms, putting a value on those holdings requires a lot of subjective accounting.

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最后，铁狮门和黑石基金由于在一月无法偿还贷款，很不情愿的将自己曾经购买的房产拱手交给债权人。

Tishman and BlackRock defaulted on their debt payments in January, relinquishing the once-prized property to creditors.

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一些局外人视这个措施是对黑石公司成为世界上最大基金管理人的回应。

Some outsiders see the move as a reaction to BlackRock's emergence as the world's largest fund manager.

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