Blackstone nears close of $12bn Asia buyout fund

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Blackstone nears close of $12bn Asia buyout fund

privateequitywire

3 months ago

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Blackstone Inc has secured more than $12bn in capital commitments for its latest Asia-Pacific private equity vehicle, positioning the firm for continued expansion across key regional markets including India, Japan and Australia, according to a report by Bloomberg.
The report cites unnamed sources familiar with the matter as revealing that the fund, Blackstone Capital Partners Asia III, has surpassed its original target and is expected to reach a final close in the coming weeks. The firm reported...

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