Blackstone’s latest fund rakes in cash, sells more than $1B

15 hours ago · Investors can withdraw as much as 3% of the fund’s net asset value each quarter, according to Bloomberg, and the Blackstone Infrastructure Strategies fund charges an annual …

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Blackstone’s Latest Fund Rakes In Cash, Sells More Than $1B

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15 hours ago · Investors can withdraw as much as 3% of the fund’s net asset value each quarter, according to Bloomberg, and the Blackstone Infrastructure Strategies fund charges an annual …

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Blackstone’s Infrastructure Fund Raises More Than US$1bil

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11 hours ago · NEW YORK: Blackstone Inc is betting individuals will turn the firm into a bigger force in roads, ports and data centeres. The alternative asset manager gathered more than …

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Blackstone’s Infrastructure Fund For Individuals Raises US$1B

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11 hours ago · The alternative asset manager gathered more than US$1 billion for a new infrastructure fund for wealthy individuals, one of the largest initial hauls for such a vehicle. …

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

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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 ...

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Blackstone Tops Profit Estimate As Its Assets Hit Record, …

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Oct 17, 2024 · Blackstone's distributable earnings, which represent cash that can be used to pay dividends, totaled $1.3 billion in the third quarter, up 6% from the previous year.

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For Blackstone’s Property Fund, Resilient Valuations Might Have A ...

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Blackstone’s flagship property fund spent 2023 trying to staunch the flow of shareholder cash out the door. A quiet spell for fundraising is its next challenge. Investors pulled more than $13 ...

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Blackstone (BX) Plans To Borrow $1 Billion, Backed By Its Own …

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Apr 9, 2024 · Blackstone Inc. intends to borrow more than $1 billion against investments in an older private equity fund as a once-unorthodox form of lending gains traction among the …

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Blackstone Credit & Insurance Announces $1 Billion Infrastructure …

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Nov 26, 2024 · Santander is building a more responsible bank and has made a number of commitments to support this objective, including raising €220 billion in green financing …

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Blackstone Plans To List Some Of Its Largest Investments - Financial …

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Oct 17, 2024 · Blackstone generated $1.2bn in fee-based earnings, slightly beating analysts’ forecasts polled by Bloomberg. Its shares rose 6.3 per cent on Thursday, pushing it to a new …

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Blackstone’s Infrastructure Fund For Individuals Raises More Than …

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1 day ago · (Bloomberg) -- Blackstone Inc. is betting individuals will turn the firm into a bigger force in roads, ports and data centers. The alternative asset manager gathered more than $1 …

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Blackstone Plans $1 Billion-Plus Loan Backed By Flagship Bets

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Apr 9, 2024 · Blackstone Inc. intends to borrow more than $1 billion against investments in an older private equity fund as a once-unorthodox form of lending gains traction among the …

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Blackstone Taps $1B Santander Loan Portfolio To Beef Up …

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Nov 26, 2024 · Blackstone’s credit and insurance arm will fund the transaction. The deal is the latest sign of Blackstone’s focus on the latest megatrends, notably the AI revolution and the …

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Here's Why 1 Investment Bank Says Blackstone Just Hit A "Major ...

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Sep 18, 2023 · Blackstone (BX 0.21%) recently reached a huge milestone when it surpassed over $1 trillion in assets under management in the second quarter.It became the first global …

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Blackstone Buying Stake In Accounting Firm Citrin Cooperman

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2 days ago · The deal would make Blackstone, which manages more than $1.1 trillion in assets, one of the largest private-equity firms with a stake in an accounting firm. Photo: Associated Press

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Blackstone’s Latest Buyout Flagship Tops $20bn, Stays In …

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Jul 18, 2024 · Blackstone reached a key fundraising milestone for its ninth corporate private equity offering, suggesting the flagship is nearing a final close.. Blackstone Capital Partners …

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Blackstone Spies US$30 Trillion Opportunity In Private Credit

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Oct 4, 2024 · Blackstone is focused on the energy transition and renewables – areas where it plans to invest US$100 billion – as well as digital infrastructure and residential real estate as …

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FAQs about Blackstone’s latest fund rakes in cash, sells more than $1B Coupon?

How much money did Blackstone raise in Q1?

Fundraising during the quarter was led by credit. It said private wealth AUM hit $250 billion, with individual fundraising nearly doubling year-to-date compared to the previous year. Blackstone's shares were up 6.65% at $170.29 in the afternoon trading on Thursday, giving the firm a market value of about $208 billion. ...

How much did Blackstone raise for its first private equity fund?

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes BLACKSTONE raised US$1.3 billion for its first private equity fund for rich individuals, achieving one of the biggest initial hauls for a fund of its kind despite a delayed launch. ...

Will Blackstone expand its sources of money beyond big institutions?

The Blackstone president is pushing to expand the US$1 trillion firm’s sources of money beyond big institutions. BLACKSTONE raised US$1.3 billion for its first private equity fund for rich individuals, achieving one of the biggest initial hauls for a fund of its kind despite a delayed launch. ...

What does Blackstone do?

Blackstone focuses on alternative investments in real estate, private equity, hedge fund products, and credit products such as collateralized loan obligations. Alternative investments have grown in popularity among institutions and hedge funds because they provide diversification and have a low correlation with traditional financial assets. ...

What did Blackstone do in Q1?

Among Blackstone's major deals in the quarter was a $16 billion acquisition of Australia's AirTrunk, which furthered the fund's hold in the data center market supporting cloud services and AI. It also agreed to acquire U.S. software firm Smartsheet for $8.4 billion, including debt, along with Vista Equity Partners. ...

What does Blackstone BX 1.50% mean for investors?

Blackstone, which manages $1.1 trillion in assets, is trying to tap into the wealth of individual investors. Photo: Michael Nagle/Bloomberg News Blackstone BX 1.50% 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. ...