Reuters reported exclusively that Blackstone Group Inc, the world’s largest manager of alternative assets such as private equity and real estate, is seeking to raise $4 billion for a fund to invest in various asset classes. The fund could finalize its first commitments from investors by June, Reuters sources said. Blackstone’s previous Tactical Opportunities investments include dating app Bumble Inc, cybersecurity firm FireEye Inc, life sciences firm Cryoport Inc and telecoms infrastructure company Phoenix Tower International.
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