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KM Financial Solutions | Blackstone’s new insurance unit targets $100 bln in assets
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Blackstone’s new insurance unit targets $100 bln in assets

07 Jan Blackstone’s new insurance unit targets $100 bln in assets

Posted at 22:34h in News by
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Jan 8 (Reuters) – Blackstone Group wants to quadruple
to $100 billion the assets it manages at its new unit for
insurers as it seeks to boost returns for firms struggling under
low interest rates, the unit’s newly appointed chief said on
Monday.

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