Blackstone’s BREDS vehicle recently reached a first close of $1.3 billion and has been collecting money from large institutional investors in the US.
The Dallas-headquartered firm has begun talking to investors about its fifth real estate fundraise, which it expects to close on about $5.5 billion in the spring.
The state pension fund has set aside $300m for a separate account with the TPG Special Situations’ TAO platform and $250m for a ‘tactical opportunities’ Blackstone fund targeting real estate credit instruments. Â
Nearly there!
A verification email is on its way to you. Please check your spam or junk folder just in case.
If you do not receive this within five minutes, please try to sign in again. If the problem persists, please email: subscriptions@peimedia.com.