PE giant Blackstone revives fund launch for wealthy individuals

PE giant Blackstone revives fund launch for wealthy individuals

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 plans to launch a private equity fund for wealthy individuals after a months-long delay, the Financial Times reported on Thursday.

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