TOKYO -- Blackstone will offer a private credit fund in Japan next month through a partnership with Daiwa Securities Group, targeting wealthy investors seeking higher returns amid persistently low interest rates in the country.
Finance
Blackstone to roll out private credit fund in Japan with Daiwa
Move part of push by U.S. firms to woo wealthy investors with high yields
Blackstone Group headquarters in New York. The U.S. asset manager is offering a private fund geared toward retail investors in Japan. © Reuters
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