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Blackstone raises $5bn for latest infrastructure secondaries fund - Private Equity Wire
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Blackstone raises $5bn for latest infrastructure secondaries fund - Private Equity Wire
Blackstone’s Strategic Partners unit has raised approximately $5bn for its fourth infrastructure secondaries vehicle, with sources close to the matter saying it is nearing a final close, according to a report by Bloomberg. Strategic Partners Infrastructure Fund IV is more than 30% larger than its predecessor, which raised $3.75bn in 2020. Limited partners in the new vehicle include the San Francisco Employees’ Retirement System and the Arkansas …
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