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 has a minimum investment requirement of $25,000 and is being distributed globally by UBS.
As of the end of August, BXPE had 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 various investment preferences within the private equity sector.