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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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