Blackstone raises 13.1 billion dollars for Asia fund
The alternative asset manager exceeded its initial 10 billion dollar target for Blackstone Capital Partners Asia III as investors seek diversification in Japan and India. This record fundraise reflects sustained interest in the region despite global volatility and recent geopolitical uncertainty.
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BLACKSTONE INC raised $13.1 billion for its third Asia private equity fund, exceeding its initial $10 billion target. The vehicle is double the size of its predecessor and follows a $15.6 billion raise by EQT AB. Global capital is shifting to Japan and India as high valuations and inflation risks pressure United States returns.
