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The $757bn alternative assets manager was a first mover in what is now becoming a crowded market.
Park Avenue, New York
The firm expects to more than double capital raised from the private wealth channel in the near term, said co-chief executive Scott Nuttall on the third-quarter earnings call.
The alternatives giant's plans come as firms including Ares Management and Apollo Global Management make a concerted push into raising capital from wealthy individuals.

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