(IPE.com) Blackstone hedge fund business has bought a minority stake in middle-market alternative asset manager GI Partners for an undisclosed sum. GI Partners said the undisclosed stake was acquired by Blackstone’s Strategic Capital Group, a vehicle managed by Blackstone Alternative Asset Management (BAAM) that specialises in acquiring long-term interests in alternative managers.
Blackstone’s Hedge Fund Arm Invests in Alternative Asset Manager GI Partners
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