Wednesday, April 02, 2008

Blackstone Goes Big Again

The boys at Blackstone have never been accused of going small. Now they have raised the largest real estate "opportunity fund" ever. They are seeking 20% returns with a war chest of $10.9B. Will this help BX's miserable stock performance? Hope so.


Blackstone Closes Oppty. Fund With Record $10.9 Bil. - CoStar Group

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