Blackstone surpasses $1 billion mark for evergreen private equity fund aimed at wealthy individuals
BXBlackstone(BX) Market Watch·2024-01-09 20:02

Blackstone Inc. has raised 1.29billionforitsevergreenprivateequityfundforpeoplewithatleast1.29 billion for its evergreen private equity fund for people with at least 5 million in investments as it builds up its third major pool for individual investors. Blackstone Private Equity Strategies LP, the fund that’s affiliated with Blackstone BX, +0.11%, on Monday disclosed the sales figure after reports surfaced last year that the fund had launched fundraising efforts. The fund’s portfolio consists of 17 investments and future commitments to acquire investments totaling up ...