Blackstone Strategic Partners Closes Record Private Equity Secondary Funds at $25 Billion

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Jan 18, 2023

Blackstone (NYSE:BX, Financial) today announced the final close of its latest global secondaries strategy, Strategic Partners IX, and inaugural GP-led continuation fund strategy, Strategic Partners GP Solutions (together with their related committed program vehicles, “SP IX” and “SP GPS” respectively). SP IX has total commitments of $22.2 billion and SP GPS has total commitments of $2.7 billion. SP IX is the world’s largest dedicated secondaries fund raised to-date.