Blackstone Holds Early Talks With Revolut on Wealth Partnership

Blackstone Inc. is in exploratory talks with Revolut Ltd. about a partnership that could see the world’s largest alternative-asset manager offer its funds via the fintech’s platform.

Blackstone’s vehicles would be offered to clients of the private-banking service that Revolut is developing, according to people with knowledge of the negotiations. The discussions are at an early stage and there’s no certainty an agreement will ultimately be reached, the people added, asking not to be identified as the information is private.