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.
Stock Market Research Tools
(Reporting by Victoria Thieberger; editing by Mark Bendeich)
Blackstone says setting up presence in Australia