Blackstone’s secondaries arm surpasses $100bn AUM

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Blackstone’s secondaries arm surpasses $100bn AUM

privateequitywire

2 months ago

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Blackstone Inc’s secondaries business crossed $100bn in assets under management during the first quarter, cementing its position as one of the largest players in the rapidly expanding market for secondhand private equity stakes, according to a report by Bloomberg.
The firm’s flagship secondaries strategy raised an additional $6bn over the quarter, bringing total capital raised for that fund to $11bn, according to Blackstone President Jon Gray during the firm’s earnings call.
The secondaries plat...

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