Blackstone’s James: Infra fund to build up to $40 bln over a decade


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
  • $40 bln target for infra fund "very long-term"
  • Schwarzman: "We’ve geared it to the private sector"
  • James: "Ton of targets" even without infra bill
Blackstone Group President and COO Tony James expressed confidence that the firm’s infrastructure fund will eventually reach its lofty $40 billion target, despite reports that the first close will come in below $10 billion. “That $40 billion target is a very ...
FUNDRAISERS: Don't miss PartnerConnect East 2018 on March 19-21 in Boston, with more than 150 speakers, 200 LPs and 300 fund managers, bankers and lenders. CLICK FOR DETAILS!

This content is available for Buyouts subscribers only. Request a free trial to get access for a limited period

If you already have an active Buyouts subscription, please sign in to view this article.

Digital Edition

BO_021918-cover

To read a digital copy of our latest magazine

click here

PE News Briefs