Blackstone, Generali team up for private debt fund for French retail investors

The ticker and trading information for Blackstone Group is displayed at the post where it is traded on the floor of the New York Stock Exchange (NYSE) April 4, 2016. Brendan McDermid, Reuters Image used for illustrative purposes
Reuters Images

This follows a similar partnership announced in February by the world's largest private equity firm and BNP Paribas , France's biggest bank

Mathieu Rosemain, Reuters News

September 26, 2024

PHOTO
The ticker and trading information for Blackstone Group is displayed at the post where it is traded on the floor of the New York Stock Exchange (NYSE) April 4, 2016. Brendan McDermid, Reuters Image used for illustrative purposes

Blackstone and Italy's top insurer Generali are teaming up for a fund that will allow French retail investors to invest in private company debt, the companies said in statement on Thursday.

This follows a similar partnership announced in February by the world's largest private equity firm and BNP Paribas , France's biggest bank.

(Reporting by Mathieu Rosemain Editing by Mark Potter)

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