HK: Blackstone commits $100m to ex-TPG-Axon exec's Seiga Asset Management

HK: Blackstone commits $100m to ex-TPG-Axon exec's Seiga Asset Management

The ticker and trading information for Blackstone Group is displayed at the post where it is traded on the floor of the New York Stock Exchange (NYSE) April 4, 2016. REUTERS/Brendan McDermid - RTSDKHE

Blackstone Group has written the first check from its latest seeding fund, sources familiar with the matter said this week, committing $100 million in start-up capital to a new hedge fund run by a former TPG-Axon executive.

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