Schwarzman Preparing Mutual Fund in Retail Drive

Schwarzman Preparing Mutual Fund in Retail Drive Play

June 12 (Bloomberg) -- Blackstone Group’s Stephen Schwarzman said his firm is planning a mutual fund-type offering as the world’s biggest alternative-asset manager joins firms from Carlyle Group to KKR in efforts to attract individual investors. Bloomberg's Jason Kelly speaks with Deirdre Bolton on Bloomberg Television's "Money Moves." (Source: Bloomberg)

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