Law360, New York (February 15, 2013, 5:40 PM ET) -- A unit of The Blackstone Group LP that reportedly has $550 million invested with SAC Capital Advisors LLC confirmed Friday that it will stay the course with the hedge fund, which is under a $247 million insider trading probe, for at least three months.
Taking advantage of a special withdrawal right offered to all of the fund's investors as a Friday deadline for redemptions loomed, Blackstone Alternative Asset Management said it will take some undisclosed funds out, but will keep most of it untouched until more...
Blackstone Won't Pull Most SAC Funds Despite Trading Probe
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