Blackstone (BX) closes its latest real estate fund - Blackstone Real Estate Partners VII - after...

|About: The Blackstone Group L.P. (BX)|By:, SA News Editor

Blackstone (BX) closes its latest real estate fund - Blackstone Real Estate Partners VII - after raising $13.3B in 13 months. The total brings AUM in the company's real estate unit to over $50B. The fund has already committed or invested 35% of its capital. (PR)