Yet another private equity giant shop is looking to make it even bigger in the mutual fund space. Money Management Executive previously reported on KKR & Co.’s
This time, Blackstone, which was founded in 1985 by Stephen Schwarzman and Peter Peterson and boasts some $205 billion in assets for public and corporate pension funds, academic, cultural and charitable organizations, is prepping its maiden mutual fund offering, Blackstone Alternative Multi-Manager Fund.
According to a