Hong Kong-based investment firm Blue Pool Capital has secured $1bn for its inaugural private equity fund, marking a significant milestone amid a challenging fundraising climate for the sector, according to a report by the Wall Street Journal.
The firm also manages the family office and operating assets of Alibaba co-founder Joe Tsai.
Led by CEO Oliver Weisberg, Blue Pool has been active in private equity for over a decade through a multi-strategy fund backed by Tsai, Weisberg, and several former...
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