When I read most of the leading technology sites like The Verge or TechCrunch or Business Insider there is a distinct focus on US based technology companies (with a hint of EU), which of course is understandable. However, I find myself these days wanting to find more about companies in Asia or the Developing World. This is where true innovation will come from!
Blackstone Group is looking to raise $5 billion for its second Asian fund.
Blackstone is seeing huge potential in Asia and really wants to invest heavily and faster than ever before. Around 66% of their first fund $2.3 billion has been invested.
Blackstone see’s great growth potential in China and India and really wants to get a foot in those markets before they mature.