10:20 AM EDT, 10/03/2024 (MT Newswires) -- Blackstone (BX) is looking to raise at least $10 billion for its third Asia-focused private equity fund, Reuters reported Thursday, citing two people with knowledge of the situation.

The investment vehicle will mainly focus on India with Japan and Australia the two other main markets, while China isn't included, the report said.

Blackstone declined to comment, Reuters said.

Blackstone didn't immediately respond to a request for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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