UPDATE 1-Blackstone, Saudi's PIF plan $40 bln infrastructure investment fund

RIYADH, May 20 (Reuters) - U.S. private equity firm Blackstone and Saudi Arabia's main sovereign wealth fund said on Saturday they planned to create a $40 billion vehicle to invest in infrastructure projects, mainly in the United States.

by reutersCOMPANYNEWS via Endless Supplies .Biz - News