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Blackstone Held Talks With Citadel About Buying Stake

  • Blackstone’s alternative asset management group led talks
  • Citadel and the buyout firm are no longer in discussions
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Blackstone Group Inc. held talks about buying a stake in Ken Griffin’s flagship hedge fund, people familiar with the matter said.

The Blackstone division that invests in alternative asset managers led the talks with Griffin’s Citadel, the people said. Nothing came of the discussions, which are now over.