Blackstone's Latest Buyout Fund Falls Short of Expectations

In a significant development within the private equity landscape, Blackstone Inc., one of the world's largest investment firms, is facing challenges with its latest buyout fund, which is set to close below its initial financial targets. The fund, meant to capitalize on lucrative investment opportunities, has struggled to secure the same level of interest from institutional investors compared to its predecessor, leading to a revised goal for its final capital raise.

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