Publications

DECEMBER 23, 2013

To read this full article you need to be subscribed to Newsline.

Sign in Sign up for a FREE subscription

Blackstone raises $3b for Asia fund

by Reg Clodfelter

The Blackstone Group has raised $3.0 billion for its first fund that focuses exclusively on Asia Pacific investment, Blackstone Real Estate Partners Asia, according to a filing with the SEC. The fund launched in April with a $4.0 billion fundraising goal, which it should easily reach by the initial target close date of December 2014.

The opportunistic fund will invest primarily in China, India, Australia and Japan and will invest across property types. Institutional investors in the fund include the Teachers’ Retirement System of the State of Illinois, the Illinois Municipal Retirement Fundand the New Jersey Di

Forgot your username or password?

We use cookies and other tracking technologies to personalize your user experience on our site and perform site analytics. By clicking on “I accept”, you consent to our Privacy Policy.