Blackstone Raises $22B For New Flagship Buyout Fund

(Piotr Trojanowski/Dreamstime)

Wednesday, 03 April 2019 09:43 AM EDT ET

Asset manager Blackstone Group LP has raised more than $22 billion for its flagship buyout fund, which would be the company's biggest ever, a source familiar with the matter told Reuters.

Blackstone expects to conclude the fundraising later this year, the source said.

A Blackstone spokeswoman declined to comment.

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Asset manager Blackstone Group LP has raised more than $22 billion for its flagship buyout fund, which would be the company's biggest ever, a source familiar with the matter told Reuters.
blackstone, buyout, fund, 22 billion dollars
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2019-43-03
Wednesday, 03 April 2019 09:43 AM
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