Blackstone (BX) reportedly hopes to raise over $2B for its first Asia real-estate fund as it...

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

Blackstone (BX) reportedly hopes to raise over $2B for its first Asia real-estate fund as it looks to exploit falling property values amid a growing regional economy. The fund would add to over $2B of assets that Blackstone took over from BofA in 2010. The P-E firm is already the largest buyer of commercial real estate in the U.S.