Blackstone to debut first hedge fund for mini-millionaires

Blackstone to debut first hedge fund for mini-millionaires

Asset manager targetting doctors, lawyers and other professionals with disposable income to invest. Read more at straitstimes.com.

Blackstone Debuts Hedge Fund for “Mini-Millionaires”

The Democratization of Alternatives Accelerates as Private Markets Target the Mass-Affluent (HedgeCo.Net) Blackstone has officially launched its first hedge fund specifically designed for the mass-affluent investor—a move that signals a profound shift in how alternative investments are being packaged, distributed, and consumed. Long reserved for institutional allocators and ultra-high-net-worth individuals, hedge fund strategies are now being re…

Blackstone to launch first HNWI hedge fund

Blackstone is preparing to launch its first hedge fund tailored to high-net-worth individual investors (HNWI), marking a further push by the alternatives giant into the private wealth channel, according to a report by Bloomberg. The new vehicle, a multi-strategy hedge fund expected to begin trading this year, will allocate across equities, credit and event-driven opportunities, while also deploying a portion of capital into third-party hedge fun…