Blackstone Closes Global Private Equity Fund, at $18 Billion

blackstoneBlackstone (NYSE:BX) closed its latest global private equity fund, at $18 billion.

More than 250 limited partners from 40 countries have invested in Blackstone Capital Partners VII, which will begin making investments during the first quarter of 2016.

Led by global head Joseph Baratta, Blackstone’s private equity business manages more than $91 billion in equity as of the end of the third quarter 2015.

One of the world’s leading investment firms, Blackstone has over $330 billion in assets under management via investment vehicles focused on private equity, real estate, public debt and equity, non-investment grade credit, real assets and secondary funds, all on a global basis.



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