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Blackstone delays final close of $10.5bn fund

Private equity firm was slated to wrap up latest fund on June 30 after two and a half years of fundraising

Blackstone Group has delayed the final close of its latest mega fund until later this year, hoping to raise more capital, said two people familiar with the matter.

The firm was slated to wrap up Blackstone Capital Partners VI on June 30, after two and a half years of fundraising.

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