Michael Chae: Blackstone to focus on China, Southeast Asia in 2012
Senior Managing Director and Head of Private Equity of Blackstone in Asia Pacific Michael Chae said that China and Southeast Asia will be the firm’s investment focus in 2012, referencing the consumer growth that the geographies are expected to see next year.
Speaking at a summit in Hong Kong, Chae noted that uncertainty will lead investors to growth markets. "There's an above-average level of uncertainty around macro conditions in this region and globally,...
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