The Blackstone Group is focusing on Europe this year as prices in the region have fallen to attractive levels and competition has dried up, Tony James, president of the firm, said during earnings calls Thursday.
Blackstone’s investment focus will cut across most of its asset classes, with attractive opportunities in private equity, real estate and credit investments, the firm said during the earnings call.
Blackstone sets its gaze on Europe
The firm, which has made only sporadic investments in Europe over the past few years, sees huge opportunity in private equity, real estate and credit strategies in the region, which is undergoing 'de-leveraging’.
