Blackstone Inc. is leading a campaign to attract Japanese private wealth by promoting alternative asset investments. With a significant media presence, including a television commercial featuring co-founder Steve Schwarzman, Blackstone aims to tap into the $7 trillion in cash held by Japanese households. This effort, alongside rivals like EQT AB and KKR & Co., targets the largest private wealth opportunity outside the US.
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Blackstone Leads the Race to Unlock $7 Trillion of Cash in Japan
Blackstone Inc. is leading a campaign to attract Japanese private wealth by promoting alternative asset investments. With a significant media presence, including a television commercial featuring co-founder Steve Schwarzman, Blackstone aims to tap into the $7 trillion in cash held by Japanese households. This effort, alongside rivals like EQT AB and KKR & Co., targets the largest private wealth opportunity outside the US.