Investing giant Blackstone Group LP asked outside fund managers over the weekend to detail their ownership in companies that make or sell guns, requesting the information by Sunday night, according to people familiar with the matter. The request, with a roughly one-day turnaround, was emailed to managers at about a dozen hedge funds in which Blackstone BX, -3.23% has a stake, one of the people said.
Investment firm Blackstone has sent a request to outside fund managers asking for information on their stakes in companies manufacturing or selling guns. The emailed query was sent over the weekend to around a dozen hedge funds Blackstone is currently investing in. The asset manager has reportedly taken steps in the past to cut its exposure to gunmakers.