Blackstone raises $13.1 billion for largest-ever Asia private equity fund
By
Lee Ying Shan
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.
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Key quotes
· 1 pulledAsia 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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