WSJ
5 months agoWSJ News Exclusive | Blackstone Raises $2.6 Billion for Real-Estate Secondaries Deals
Blackstone has raised $2.6 billion for its Strategic Partners Real Estate VIII fund, dedicated to acquiring stakes in real estate investment firms.
The fund aims to take advantage of a growing need for cash among investors in the real estate sector.
This is the largest vehicle Blackstone has raised for acquiring stakes in funds of other private investment firms. [ more ]