Blackstone pitching discounts on $40 bln infrastructure fund: Financial Times

Blackstone is offering discounts, including permanent fee breaks and the ability to make some investments without paying Blackstone anything for six years, to coax investors into its $40 billion infrastructure fund, the Financial Times is reporting. Saudi Arabia has pledge to match up to $20 billion in contributions from other investors to the infra fund. Blackstone hopes to finalize the first investments from other sources, the story said.

11 June 2018•1 min read
Feature image
LinkedInXEmail
LinkedInXEmail