Blackstone Group LP is set to invest $150 million in London's Astaris Capital Management, splitting the funds between the firm's existing hedge fund and a new capital pool. Astaris, founded in 2020 by Martin Beck, focuses on event-driven credit and equity investments in Europe. With over $300 million in assets and a track record of delivering an average annual gain of 17%, Astaris has gained recognition. Blackstone's investment comes from its Strategic Alliance Fund IV, which specializes in seed investments for emerging firms, making Astaris its first seeded manager. To access further information, please click on the accompanying image.