Blackstone’s president, Jon Gray, says the growth in Asia is higher than Europe, the US. :
Blackstone’s president has flagged a greater focus on Asia for the growth of the New York-based group in coming years, as the private equity firm moves to close two Asian funds. Addressing analysts during company’s first-quarter results announcement, Jon Gray said: “You’ve seen we’re just completing raising our second Asia fund in real estate. We are raising our first Asia fund in private equity.