Blackstone, Goldman Sachs Expanding Footprint in Asia

Blackstone, Goldman Sachs Expanding Footprint in Asia
The ticker and trading information for Blackstone Group is displayed on the floor of the New York Stock Exchange on April 4, 2016. Brendan McDermid/Reuters
Andrew Moran
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Blackstone and Goldman Sachs are looking to increase their investment presence in Asia, the companies confirmed.

In a fourth-quarter conference call last week, Blackstone—the world’s largest alternative asset manager—confirmed that it has amassed $11 billion to acquire companies in Asia in its second private-equity fund for the continent.

Andrew Moran
Andrew Moran
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Andrew Moran has been writing about business, economics, and finance for more than a decade. He is the author of "The War on Cash."
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