Blackstone preps second seeding fund
Wed Dec 9, 2009
The fund plans to seed as many as 12 managers within the next two years.
Blackstone Alternative Asset Management, the $28 billion
fund of funds unit within The Blackstone Group, is preparing to
launch a second seeding fund. The as-yet-unnamed fund will
mirror the strategy of its Blackstone Strategic Alliance Fund.
Blackstone expects to roll out the new...
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