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Bloomberg Intelligence
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Blackstone's Growing Influence in Alternative Asset Management
The chapter explores Blackstone's involvement in a skincare company buyout deal, their significant investments in various sectors, and the trend of private equity backed IPOs. It discusses the shift of funding from banks to alternative asset managers, the challenges and risks in the investment landscape, and the performance of business development company portfolios. The conversation also touches on Blackstone's fundraising endeavors, surplus cash in the market, and the potential for growth in private credit and alternative asset management.
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