Blackstone has held the final close of its latest global secondaries strategy, Strategic Partners IX, and inaugural GP-led continuation fund strategy, Strategic Partners GP Solutions with commitments of $22.2 billion and $2.7 billion respectively.Â
Blackstone has held the final close of its latest global secondaries strategy, Strategic Partners IX (SP IX), and inaugural GP-led continuation fund strategy, Strategic Partners GP Solutions (SPGPS) with commitments of $22.2 billion and $2.7 billion respectively.
Blackstone says SP IX is the world’s largest dedicated secondaries fund raised to-date.
Blackstone Strategic Partners is focused on providing a range of liquidity solutions to both investors and private equity sponsors, including single interest and portfolio sales, GP-led secondaries, and co-investments. In the nearly 10 years since joining Blackstone, the business has grown from less than $10 billion to $67 billion of assets under management across its private equity, real estate, infrastructure and GP-led strategies.
