Reuters reported exclusively that Blackstone Group Inc, the world’s largest manager of alternative assets such as private equity and real estate, is seeking to raise $4 billion for a fund to invest in various asset classes. The fund could finalize its first commitments from investors by June, Reuters sources said. Blackstone’s previous Tactical Opportunities investments include dating app Bumble Inc, cybersecurity firm FireEye Inc, life sciences firm Cryoport Inc and telecoms infrastructure company Phoenix Tower International.
Business & Finance
Reuters exclusively reports Blackstone seeks $4 billion for Tactical Opportunities fund
11 March 2021, 2:14 pm 1 minute
Article Tags
Topics of Interest: Business & Finance
Type: Reuters Best
Sectors: Equities
Regions: North America
Win Types: Exclusivity
Story Types: Exclusive / Scoop
Media Types: Text
Customer Impact: Important Regional Story
