top of page

Blackstone raises USD11bn for Asia acquisitions

Blackstone, the world’s largest alternative asset manager, has raised USD11bn for its latest buyout fund that focuses on Asian companies, Bloomberg has reported. The latest fund is triple Blackstone’s previous vehicle raised in 2018. Amit Dixit, Asia head of private equity at Blackstone, said nearly 100% of the investors in the first fund chose to take part in the latest fundraising. Since 2018, the PE firm has invested in USD20bn worth of deals in Asia, with half of the deals taking place in 2021. Globally, Blackstone raised a record USD155bn in Q4, ahead of its goal of managing USD1tr by 2026.

bottom of page