Blackstone teams up with Daiwa to offer private credit fund in Japan

Blackstone teams up with Daiwa to offer private credit fund in Japan

Pedestrians pass in front of Blackstone Group LP headquarters in New York, U.S., on Friday, April 14, 2017. Photograph: Victor J. Blue/Bloomberg

Blackstone will offer a private credit fund in Japan next month through a partnership with Daiwa Securities Group, targeting wealthy investors seeking higher returns amid persistently low interest rates in the country.