DiscoverMarkets & Money Today | 2 Min News | The Daily News Now!Blackstone Bets Big on New Hedge Fund Covara Capital
Blackstone Bets Big on New Hedge Fund Covara Capital

Blackstone Bets Big on New Hedge Fund Covara Capital

Update: 2025-09-09
Share

Description

Blackstone bets $250 million on Covara Capital, a new hedge fund led by ex-Fir Tree portfolio manager Sachin Gupta, to capitalize on long-short credit opportunities in the US and Europe. Discover how Blackstone's Strategic Alliance Fund identifies and invests in promising new hedge fund managers, aiming for big returns and a share of future profits.

Hosted on Acast. See acast.com/privacy for more information.

Comments 
00:00
00:00
x

0.5x

0.8x

1.0x

1.25x

1.5x

2.0x

3.0x

Sleep Timer

Off

End of Episode

5 Minutes

10 Minutes

15 Minutes

30 Minutes

45 Minutes

60 Minutes

120 Minutes

Blackstone Bets Big on New Hedge Fund Covara Capital

Blackstone Bets Big on New Hedge Fund Covara Capital