 "The funds sent under the Liberalised Remittance Scheme by resident individuals to study abroad rose to $278 mn in Sept from $160 mn a year ago.")
Blackstone Group said it has raised about $9.4 billion for two new funds — the largest-ever fund dedicated to real estate investments in Asia as well as its first private equity (PE) fund for the region.
The funds add to a massive industry-wide pool of money for Asian acquisitions and investments, with investors attracted by rapid economic growth compared to other major markets.
It raised $7.1 billion for what it called its second regional “opportunistic” real estate fund. Growing urbanisation and rising incomes, particularly in China and India, have boosted investor appetite for shopping malls, warehouses and other
The funds add to a massive industry-wide pool of money for Asian acquisitions and investments, with investors attracted by rapid economic growth compared to other major markets.
It raised $7.1 billion for what it called its second regional “opportunistic” real estate fund. Growing urbanisation and rising incomes, particularly in China and India, have boosted investor appetite for shopping malls, warehouses and other
