Blackstone to seek more than $20b for next buyout fund

Blackstone to seek more than $20b for next buyout fund

Blackstone Group LP headquarters stands in New York, U.S., on Friday, April 14, 2017. Photograph: Victor J. Blue/Bloomberg

Blackstone Group LP plans to start raising its next global private equity fund three years after gathering about $18 billion from investors for its last pool.

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