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Blackstone nyse Bx and Generali Partner to Launch Private Debt Fund for French Investors

Blackstone (NYSE: BX) and Generali Partner to Launch Private Debt Fund for French Investors

PARIS – Blackstone (NYSE: BX) and Italy’s top insurer Generali are teaming up for a fund that will allow French retail investors to invest in private company debt, the companies said in a statement on Thursday.

This follows a similar partnership announced in February by the world’s largest private equity firm and BNP Paribas, France’s biggest bank.

(Source: Reuters)

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