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Alternative Market Briefing

Blackstone closes latest Strategic Partners fund on $7.5 billion
Wednesday, January 25, 2017

Bailey McCann, Opalesque New York:

New York-based Strategic Partners Fund Solutions the secondaries arm of Blackstone has closed its latest fund on $7.5 billion. This is the seventh fund for Strategic Partners. The group began investing out of the fund in May and has already closed some transactions, according to a statement.

Strategic Partners predecessor fund closed on $4.4 billion in 2014.

The fund was nearing a final close in December after a commitment from North Carolina's state pension system. Other known investors in the......................

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