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Strategic Partners IX raised $22.2 billion, the world’s largest secondaries fundraise ever, while Strategic Partners GP Solutions raised $2.7 billion.
Blackstone Strategic Partners is its illiquid fund investing arm that provides a range of liquidity solutions to both investors and private equity sponsors.
Founded in 2000, Blackstone Strategic Partners had $67 billion of assets under management as of Sept. 30 last year. It has closed over 1,900 transactions across its private equity, infrastructure, and real estate platforms.
New York-based Blackstone’s unlisted real estate income trust also secured a $4 billion investment from the University of California earlier this month.