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Blackstone deploys hundreds of millions into Chinese data centre operator

The alternative investment firm has this week also closed a new fund with $11 billion lined up for investment across a diversified portfolio of businesses in APAC.

By João Marques Lima

Founder and Editor, The Tech Capital

4 Mins

February 01, 2022 | 12:17 AM GMT

The world’s largest alternative asset manager Blackstone (NYSE: BX) has invested US$250 million in the purchase of convertible notes from Chinese data centre operator VNET Group, Inc. (Nasdaq: VNET), formerly known as 21Vianet Group.

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João Marques Lima

Founder and Editor, The Tech Capital

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