Money Makers Mentor

Blackstone Real Estate Closes $1.9 Billion Fund

Blackstone Strategic Partners announced today the final close on $1.9 billion for Strategic Partners Real Estate VII L.P. and its related committed program vehicles.

Verdun Perry, Senior Managing Director and Global Head of Strategic Partners, said: “This fundraise reflects the strong relationships we have built with our limited partners over the past two decades. We continue to reinforce our position as one of the private market’s most comprehensive sources of liquidity, while maintaining our reputation as a trusted and preferred counterparty.”

Mark Burton, Senior Managing Director and Head of Strategic Partners Real Estate said: “We have one of the market’s largest real estate portfolios, spanning interests in over 4,500 assets held by over 420 underlying real estate funds. Our ab…

Leave A Reply

Your email address will not be published.