PE giant Blackstone raises $1.9b for Asia core-plus property funds

PE giant Blackstone raises $1.9b for Asia core-plus property funds

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

US alternative investments giant Blackstone has raised nearly $1.9 billion for funds managed by its Asia core-plus real estate investment arm, Blackstone Property Partners Asia, according to multiple regulatory filings.