US Private Equity Firm Moves into Hedge Funds

Private equity firm Blackstone Group is launching a $500 million hedge fund which will focus on buying distressed debt. The move is a further blurring of the lines between buyout and hedge funds. Recently,....

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By: Stephen Harris
July 11, 2005
Private equity firm Blackstone Group is launching a $500 million hedge fund which will focus on buying distressed debt. The move is a further blurring of the lines between buyout and hedge funds. Recently,....