Blackstone launches $10bn Asia-focused PE fund targeting India, Japan, Australia; excludes China.

Blackstone Inc., the largest alternative asset manager, is launching its third Asia-focused private equity fund with a goal of raising at least $10 billion. This fund will primarily target investments in India, with additional allocations in Japan and Australia, while also considering South Korea and Singapore. Notably, China will not be included in this fund's strategy. Capital allocation may be adjusted based on macroeconomic conditions.

October 03, 2024
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