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Julius Baer raises US$150m for Blackstone European RE fund

Julius Baer has raked in some US$150 million for a Blackstone European real estate fund, with 85% of the funds coming from its Asian clients, Asian Private Banker has learnt. When contacted, Julius Baer confirmed the fundraising. Wendy Kwan, head investment specialists – funds, Hong Kong, at the bank, said that investing in physical property — such as commercial, residential,…

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