Blackstone seals best Asia core-plus actual property deal but via agreeing DALT stake purchase from GIC | AltAssets Private Equity News

international buyout large Blackstone has agreed its biggest-ever deal in its core-plus Asia actual property technique with the purchase of GIC’s 49% stake within the Dexus Australia Logistics Trust, The portfolio of 77 premium-grade logistics property is targeted in Australia’s gateway towns, Sydney and Melbourne, with prime publicity to densely populated spaces and main transportation … Read more

Blackstone closed $5.6bn GP Stakes Fund II to take long-term minority investments in PE companies | AltAsunits Private Equity News

world buyout large Blackstone has held a $5.6bn ultimate shut for its 2d fund in GP stakes. The new fund will focus on value-added, long-term minority investments in control corporations of main non-public fairness companies, the company mentioned. Never miss a story – click to sign up to AltAssets’ free daily PE newsletter Blackstone mentioned … Read more