Blackstone preps second seeding fund

Wed Dec 9, 2009

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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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