Blackstone May Delay Private Equity Fund for Wealthy Investors
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Maybe the timing wasn't so hot.
Blackstone may delay its long-planned and soon-to-launch private equity fund designed to attract wealthy individual investor clientele, according to a report this weekend from the Financial Times, The possible move comes as investors pour out of its real estate and credit funds, leading almost no one to wonder if this isn't indeed bad to assume major investor appetite for a new fund.
Source Fool.com
