Blackstone gears up for 'another fundraising supercycle'

By Guy Montague-Jones2018-07-19T16:02:00

Source: freeimages.com

Blackstone chairman and chief executive Stephen Schwarzman has said the business is gearing up for “another fundraising supercycle”.

In second quarter results today, the US private equity group reported that its funds had experienced gross inflows of $20bn (£15.4bn) in the past quarter and $120bn over the past year.

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