Blackstone Said to Seek $5 Billion for Second Asia Fund

Blackstone is expanding its Asia buyout fund, aiming to raise more than double its previous fund size due to increased interest and opportunities in the region. The COVID-19 pandemic has created new deal opportunities, and Blackstone is following other major players like KKR in raising significant capital for Asia. The region's faster recovery from the pandemic is attracting global investment interest, with deal flow expected to accelerate. Blackstone's investments focus on consumer, healthcare, and technology sectors, benefiting from shifts to online consumption and increased demand for medical services.

What is Blackstone seeking to raise for its Asia buyout fund?

How has the COVID-19 pandemic affected Blackstone's capital raising efforts?

What is the significance of Asia's recovery compared to other regions post-pandemic?

What factors are contributing to the expected increase in Asia deal flow?

What industries are Blackstone Holdings involved in that have benefited from the pandemic?