Blackstone looking to raise as much as $10b for tactical opportunities fund

Blackstone looking to raise as much as $10b for tactical opportunities fund

FILE PHOTO: Signage is seen outside The Blackstone Group headquarters in Manhattan, New York, U.S., November 12, 2021. REUTERS/Andrew Kelly

Blackstone Inc, the world’s largest private equity firm, is set to raise as much as $10 billion for its tactical opportunities strategy, which gives it versatility to invest in a range of assets, people familiar with the matter told Reuters.