| 06.12.2012 - Blackstone launching Asian real estate fund |
| Blackstone Group LP is starting a new real estate fund focused on Asia as it seizes on a "golden moment" to buy and sell in the property market, its president said on Wednesday. Blackstone, founded by Stephen Schwarzman and Peter Peterson in 1985, is still best-known for its private equity business, yet is now the world's largest private real estate firm with $53.5 billion of property assets under management...............................................Full Article: Source |