Blackstone Establishing Major Alternatives Presence With Advisors

Blackstone, the nation’s largest provider of alternative investments, has quietly established a major presence in the financial advisor space by working with private banks, wirehouses, RIAs and independent brokerage firms. Executives at the firm now estimate that 15 to 20 percent or more of assets flowing into the firm’s various alternative platforms are coming through these sources.
Source: FA Magazine

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