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Blackstone raises $13.1 billion for largest-ever Asia private equity fund

By

Lee Ying Shan

1mo ago· 2 min readenNews

Summary

Blackstone has raised $13.1 billion for its latest Asia private equity fund, Blackstone Capital Partners Asia III, exceeding its $10 billion target and marking the firm's largest PE fundraise in the region. The fund more than doubled the amount raised by its predecessor vehicle, reflecting strong investor confidence in Asia Pacific as the fastest-growing region globally.

Source

bskyBlackstone raises $13.1 billion for largest-ever Asia private equity fundcnb.cx

Key quotes

· 1 pulled
Asia Pacific is the fastest-growing region in the world, presenting compelling opportunities to invest at scale behind our high-conviction themes.
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Blackstone raised $13.1 billion for its latest Asia private equity vehicle, marking the largest private equity fundraise the firm has done in the region.

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