New Mexico fund commits $75m to Blackstone's third Asia real estate vehicle

New Mexico fund commits $75m to Blackstone's third Asia real estate vehicle

Photo: Bloomberg

Editor’s note: An earlier version of this story mentioned that Blackstone has trimmed its target for the Blackstone Real Estate Partners Asia III fund to $7 billion, based on SEC filings. The company has clarified that the “target remains approximately $9 billion”.