Alt managers' push to advisors hits resistance at some B-Ds investmentnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from investmentnews.com Daily Mail and Mail on Sunday newspapers.
Competition is likely to depress returns, but Blackstone is likely to ensure that investors in its new private equity fund for high-net-worth individu.
Blackstone's First Private Equity Fund for Rich Individuals Gets $1.3 Billion bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
BXPE will invest in private strategies including startups, fund stakes and the buyouts that Blackstone Chief Executive Officer Steve Schwarzman is known for.