Blackstone Folds Hedge Fund Seeding Into $60 Billion Business
Blackstone Inc. is moving its unit that backs startup hedge funds into the $60 billion Absolute Return business, giving itself scale to compete with the multistrategy industry giants writing ever-bigger checks to attract trading talent.
Blackstone Inc. is moving its unit that backs startup hedge funds into the $60 billion Absolute Return business, giving itself scale to compete with the multistrategy industry giants writing ever-bigger checks to attract trading talent.
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