Blackstone said to seek $5b for latest real estate debt vehicle

Blackstone said to seek $5b for latest real estate debt vehicle

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

Blackstone Group LP is seeking $5 billion for its latest fund that invests in real estate debt, according to a person familiar with the matter.