Blackstone says setting up presence in Australia

MELBOURNE, May 19 (BestGrowthStock) – Private equity firm
Blackstone Group LP (BX.N: ) said on Wednesday it was setting up
a presence in Australia to target attractive opportunities.

Philip Levinson, managing director of Blackstone Group
Australia, told a conference call that Blackstone was seeking
opportunities to invest and to raise capital in the local
market.

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(Reporting by Victoria Thieberger; editing by Mark Bendeich)

Blackstone says setting up presence in Australia