Banks everywhere are competing to win over the ultra-rich in Asia.

For Joan Solotar, global head of Blackstone Private Wealth Solutions (PWS), Asia is a key focus. Over the past decade, the PWS team has been active in the US, Asia and Europe, providing investors access to Blackstone’s expertise across a wide range of alternative investment strategies.

“We’re offering qualified individual investors investment solutions that are easier to access and typically provide greater liquidity, with the same experienced teams investing in Blackstone’s institutional strategies. The global PWS business continues to expand, and the receptivity to date has been very favourable,” she says in a media briefing on July 28.

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