The fund could potentially provide multimillionaires with exposure to a range of assets not available in public markets, such as Silicon Valley unicorns, close-knit companies and even stakes in other buyout stores, the people said, asking not to be named as discussions continued. private. Contrary to the common practice of locking institutional investors’ money for years, clients would periodically have the option to withdraw funds, the people said.


This post Blackstone plans PE fund for people with millions instead of billions was original published at “https://www.bloombergquint.com/business/blackstone-plans-pe-fund-for-people-with-millions-not-billions”

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