Blackstone homes in on Asia as it nears $1tn asset target: COO

President Jonathan Gray discusses headwinds in China and inflation risks

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The private equity firm is wary of investments that could be subject to regulatory crackdowns by Beijing. © Reuters

TAKENORI MIYAMOTO, Nikkei staff writer

NEW YORK -- Blackstone is committed long-term to the Asia, President and Chief Operating Officer Jonathan Gray told Nikkei, outlining plans to ramp up investments in the growing region while acknowledging potential market risks that face China and the rest of the world.

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