Reuters - Blackstone Launching Portfolio for Retail Investors

Blackstone Group LP, one of the world's biggest investors in hedge funds, is preparing to launch a portfolio that will give retail investors a taste of these normally exclusive funds, Reuters wrote. New York-based Blackstone, best known as a private equity shop, filed registration documents with the Securities and Exchange Commission earlier this week to launch the Blackstone Alternative Investment Funds. The new offerings will put money into alternative investments including global macro strategies, opportunistic trading strategies, quantitative strategies and managed futures strategies, the regulatory filing says.

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