CIP V received commitments from 13 large institutional investors based in the U.S., Europe, Latin America, and Australia, with an average commitment size each of $235 million.
Leveraging Blackstone’s extensive operational resources and network, BXG focuses on providing capital to entrepreneurs seeking to minimize the execution risks associated with high-growth environments.
This investment aligns to Blackstone’s core private equity strategy which is designed to hold investments in high-quality, market-leading companies for longer periods than traditional private equity.
Fund II received significant backing from new investors globally, including pension funds, insurers, family offices, and high net worth individuals, as well as from existing Accelmed limited partners.
Financial services industry veteran Steve Leathers has launched Leathers Group, a private real estate investment manager focused on medical office and specialty healthcare real estate.
A federal judge in San Francisco has chosen a Hawaii-based pension fund to lead a highly watched case accusing Wells Fargo of shoddy underwriting affecting commercial mortgage-backed securities.