Blackstone aims beyond ‘mass affluent’ for new fund | The Star

Blackstone Inc has debuted an infrastructure fund targeting individuals with at least US$5mil of investments, departing from the paths of rivals such as KKR & Co and Apollo Global …

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Blackstone Aims Beyond ‘mass Affluent’ For New Fund | The Star

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Blackstone Inc has debuted an infrastructure fund targeting individuals with at least US$5mil of investments, departing from the paths of rivals such as KKR & Co and Apollo Global …

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Blackstone Targets Richer Clients Than Its Rivals For A New Fund

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Aug 7, 2024 · Blackstone Inc. debuted an infrastructure fund targeting individuals with at least $5 million of investments, departing from the paths of rivals such as KKR & Co. and Apollo Global …

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Blackstone Targets Richer Clients Than Its Rivals For A New Fund

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Aug 7, 2024 · Blackstone's new fund will charge an annual management fee of 1.25% and take 12.5% of total returns. ... Global Management Inc. that have courted the less-wealthy "mass …

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Blackstone Aims Beyond ‘mass Affluent’ For New Fund

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NEW YORK: Blackstone Inc has debuted an infrastructure fund targeting individuals with at least US$5mil of investments, departing from the paths of rivals such as KKR & Co and Apollo …

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Articles By Miles Weiss - Fa-mag.com

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Blackstone Aims Beyond 'Mass Affluent' For Infrastructure Fund by Miles Weiss. The firm debuted a fund that targets those with at least $5 million to invest.

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Blackstone Targets Richer Clients Than Its Rivals For A New Fund

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Aug 8, 2024 · Blackstone Inc. debuted an infrastructure fund targeting individuals with at least $5 million of investments, departing from the paths of rivals such as KKR and Apollo Global …

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Blackstone Raising $400m To Boost Private Credit Fund

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Nov 16, 2023 · Blackstone is set to borrow just under $400m (£322.27m) through a collateralised loan obligation to bolster its $52bn private credit fund ... Credit Fund – known as BCRED – in …

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Blackstone’s New Fund For The Rich Is Looking Just About …

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The firm’s private-equity fund for the rich has attracted $6 billion since launching in January, returning 9.2% through September. Much of that growth has come from investing in the same …

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Blackstone Aims Beyond ‘mass Affluent’ For New Fund | The Star

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Aug 9, 2024 · Blackstone Inc has debuted an infrastructure fund targeting individuals with at least US$5mil of investments, departing from the paths of rivals such as KKR & Co and Apollo …

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Blackstone Targets Richer Clients Than Its Rivals For A New Fund

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Aug 7, 2024 · Blackstone Inc. debuted an infrastructure fund targeting individuals with at least $5 million of investments, departing from the paths of rivals such as KKR & Co. and Apollo Global …

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Blackstone Woos Cashed-up Insurers In $1.5trn Credit Push

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May 3, 2024 · The firm already has the world’s largest private credit fund for the affluent. Blackstone has tightened control over various credit teams, packing investment committees …

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FAQs about Blackstone aims beyond ‘mass affluent’ for new fund | The Star Coupon?

Is Blackstone a good investment for Mini-Millionaires?

Seen in this light, Blackstone’s dash for mini-millionaires is a no-brainer. They are easy cash cows. The wealthy that Blackstone’s retail PE fund is targeting have only 11% to 13% of their assets invested in alternatives, versus 26% to 28% for endowment funds. Mini-millionaires are new to private alternative investments. ...

Is Blackstone acquiring Global Infrastructure Partners (GIP)?

Blackstone Inc raised US$1.3bil for its first retail private equity fund, targeting those who have at least US$5mil to invest. Separately, BlackRock Inc is buying Global Infrastructure Partners (GIP) for US$12.5bil, a major foray into alternative investments. The acquisition will make it the second-largest manager of private infrastructure assets. ...

Is Blackstone a good investment?

Blackstone and its peers have benefited in recent decades from institutional investors such as pension funds shifting more money into private markets. Now that growth is slowing. Blackstone said in October it had $250 billion in assets from individual investors. The path to getting there hasn’t always been smooth. ...

How does Blackstone's fund work?

Blackstone’s fund for individuals, by contrast, is continuously open to new investments and lets holders redeem once a quarter. That means Blackstone needs to invest new money to start earning certain fees and avoid dragging on returns. “Ultimately, this is about performance,” Blackstone President Jonathan Gray said on a call with analysts in July. ...

Should Blackstone invest in a private alternative fund?

The wealthy that Blackstone’s retail PE fund is targeting have only 11% to 13% of their assets invested in alternatives, versus 26% to 28% for endowment funds. Mini-millionaires are new to private alternative investments. By the same token, BlackRock may also want more of the “high quality” earnings that Blackstone enjoys. ...

Will B lackstone make private equity a bigger part of wealthy investors?

B lackstone wants to make private equity a bigger part of wealthy investors’ portfolios. That is pushing one of its new funds to cast a wider net for deals—and open itself up to more risks. The firm’s private-equity fund for the rich has attracted $6 billion since launching in January, returning 9.2% through September. ...