Blackstone has partnered with UBS to distribute its newly launched private equity fund, the Blackstone Private Equity Strategies Fund Sicav (BXPE), which is targeted at affluent investors.

The fund is accessible to investors with a minimum investment of $25,000 (CHF 21,600) and is being distributed globally by UBS.

As of the end of August, BXPE reported a net asset value of $649 million. The fund's investment strategy covers a wide range of opportunities, including buyouts, growth investments, secondaries, and opportunistic deals, catering to the interests of high-net-worth individuals seeking exposure to private equity markets.