Blackstone, BNP Paribas team up to launch private debt fund for retail investors

Blackstone, BNP Paribas team up to launch private debt fund for retail investors

Photo: REUTERS/Brendan McDermid

Blackstone, the world’s largest private equity firm, is partnering with BNP Paribas over a new fund financed by French individuals and aimed at investing in companies in private debt, the groups said in a joint statement on Tuesday.