Comment Central: UK political comment, opinion and analysis

Blackstone’s $13.1 billion close for its largest-ever Asia private equity fund in June is a significant milestone for global capital markets. The fund exceeded its $10 billion target and raised more than twice as much as its predecessor, despite a significant period of uncertainty and geopolitical turmoil in Asia. That matters. It shows that when a major manager like Blackstone has a clear strategy, a strong local presence and a credible track record, institutional capital is still willing to commit – at scale.