Blackstone Raises Record 25 Billion For Secondary Deals Wsj The new york based asset manager raised $22.2 billion for its ninth strategic partners fund, making it the largest dedicated fund ever raised for secondary deals, according to a statement. Founded in 2000, blackstone strategic partners has $67 billion of investor capital under management (as of september 30, 2022) and is one of the most prolific secondary market participants in the world, having closed over 1,900 transactions across its private equity, infrastructure, and real estate platforms, representing more than 5,100.
Blackstone Closes 11 1 Billion Fund For Secondary Investing Wsj Blackstone didn’t immediately respond to a request for comment. new york based blackstone’s newest fund is the industry’s largest secondaries focused vehicle since france’s ardian closed its ardian secondary fund viii on $19 billion in 2020, according to pitchbook data. Blackstone inc raised a record $25 billion for two funds that dabble in secondaries and co investments, the asset manager said on wednesday. Blackstone has announced the final close of its private equity secondary funds at record $25 billion. That deal was worth over $1 billion. secondaries transaction volume hit $160 billion in 2024, according to evercore ’s fy 2024 secondary market review. the figure was significantly up from $114 billion in 2023 and $103 billion in 2022. it is 19 percent up from the previous record of $134 billion registered in 2021.
Exclusive Blackstone Raises 2 6 Billion For Real Estate Secondaries Blackstone has announced the final close of its private equity secondary funds at record $25 billion. That deal was worth over $1 billion. secondaries transaction volume hit $160 billion in 2024, according to evercore ’s fy 2024 secondary market review. the figure was significantly up from $114 billion in 2023 and $103 billion in 2022. it is 19 percent up from the previous record of $134 billion registered in 2021. Wsj pro private equity is a premium membership product for elite practitioners, powered by the wall street journal’s peerless reporting and dow jones’ unrivaled data. The largest ever secondary deals include a $6 billion sale by the california public employees’ retirement system to lexington partners and glendower capital last year. in 2019, japanese financial services cooperative norinchukin bank sold a $5 billion collection of assets to ardian. attempts to close secondary deals last year often got hung up on gaps in pricing expectations held by buyers.
Blackstone Closes 14 Billion Permanent Infrastructure Fund Wsj Wsj pro private equity is a premium membership product for elite practitioners, powered by the wall street journal’s peerless reporting and dow jones’ unrivaled data. The largest ever secondary deals include a $6 billion sale by the california public employees’ retirement system to lexington partners and glendower capital last year. in 2019, japanese financial services cooperative norinchukin bank sold a $5 billion collection of assets to ardian. attempts to close secondary deals last year often got hung up on gaps in pricing expectations held by buyers.
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