Blackstone reported improved second-quarter profits on Thursday, with the big investment group benefiting from the rallies in the stock market and the market for high yield debt.

But top executives said they did not plan to take advantage of ebullient markets by listing many of their companies any time soon. “I don’t promise a lot of exits. We’re not playing for a little pop,” said Tony James, Blackstone’s president, on the earnings call. “We try to create a lot of value over a long period of time for our investors. We will be disciplined.”