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Blackstone closes its largest Asia private equity fund at over $13 billion
Blackstone said Tuesday it had raised $13.1 billion for its latest Asia private equity fund, marking its largest PE fundraise in the region. The alternative asset manager said that Blackstone Capital Partners Asia III exceeded its $10 billion target, with the fund raising more than double the amount of its predecessor vehicle. "Asia Pacific is the fastest-growing region in the world, presenting compelling opportunities to invest at scale behind our high-conviction themes," Joe Baratta,...