(Opalesque)The private equity giant Blackstone announced the final close of its first growth equity fund – Blackstone Growth – with $4.5 billion in capital commitments from a wide range of family offices, entrepreneurs, endowments, strategic institutional investors, pension funds, and other big wheels. The US-based investment management firm with $619 billion in assets under management said that the Blackstone Growth (BXG) fund is the “largest first-time growth equity private fund raised in history.”
Blackstone closes ‘largest ever’ maiden growth equity vehicle at $4.5bn
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