"Blackstone Launches Retail Private Equity Fund"

Blackstone is moving forward with its plans to launch a retail-focused private equity fund, signaling a shift in the private equity industry's traditional focus on institutional investors. The fund aims to capitalize on the growth of e-commerce and changes in consumer behavior, with Blackstone seeking to invest in companies that can benefit from these trends. This move reflects the increasing interest in retail investments and the potential for significant returns in the sector.