Blackstone to invest $150m in Lone Star Funds-backed ApaH Capital Management.

Synopsis

Blackstone, a hedge fund investor, is set to invest $150m in Lone Star Funds-backed ApaH Capital Management, a Hong-Kong-based hedge fund. ApaH will concentrate on public and private market investments across Asia, including in Australia, China, India and Japan.

Principals

target

Apah Capital Management

bidder

Blackstone Group

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Market Context