MutualFundWire.com: Another Private Equity Giant is Getting In On the Mutual Fund Action
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Wednesday, June 12, 2013

Another Private Equity Giant is Getting In On the Mutual Fund Action


Alternative products are all the rage among individual investors—or so Stephen Schwarzman asserts.

The Blackstone CEO and co-founder says the private equity firm (which is the former parent of asset management titan BlackRock) is prepping a mutual-fund complex to appeal to retail investors keen on alternative assets, Bloomberg reports.

For more, read the story here.


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