Blackstone Snaps Up Discounted Stakes In $1.3 Billion Private Equity Portfolio
Blackstone is expanding its secondaries business, acquiring a portion of a $1.3 billion portfolio of private equity co-investments.
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Why It Matters
Blackstone bought discounted pieces of other people's private investments. This shows the company is growing its business of buying and selling older investment stakes.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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