Blackstone Group LP will add $10 billion in assets by buying energy investor Harvest Fund Advisors. :
(Bloomberg) -- Blackstone Group LP will add $10 billion in assets by buying energy investor Harvest Fund Advisors, betting that demand for pipelines and facilities will continue to rise despite sluggish energy prices. Blackstone is acquiring the Wayne, Pennsylvania-based firm for an undisclosed amount of cash and future incentive payouts, Blackstone partner Dwight Scott said in a telephone interview Thursday.