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Real Estate Briefing - Categorized | Fund Profile, Private Equity more

Blackstone said to seek at least $2 bln for Asia fund

Posted on 11 December 2012

Blackstone Group LP (BX), the biggest manager of real estate private-equity funds, seeks to raise more than $2 billion for its first property pool focused on Asia, a person with knowledge of the effort said.
The exact amount hasn’t been determined, said the person, who asked not to be identified because the information is private. Tony James, New York-based Blackstone’s president and chief operating officer, hinted at the company’s plans last week at a conference sponsored by Goldman Sachs Group Inc………………………………………..Full Article: Source


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