Blackstone raises $18b for latest global fund
The Blackstone Group has reached a final close on its latest global private equity fund at $18 billion, with demand said to be well in excess of the $17.5 billion hard cap.
Blackstone Capital Partners VII launched in November 2014 and had a first close of $15.7 billion within seven months. The vehicle, which will have $18 billion dry powder due to an additional $500 million...
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