Blackstone Growth Fund

19/3/2021

Fund formation

Value:

$ 4.5 billion

Status:

Completed

Date:

19/3/2021

Overview:

Private investment firm Blackstone announced the formation of its growth equity fund, Blackstone Growth, known as BXG.
The fund was oversubscribed and closed at $4.5 billion.
This is Blackstone’s first growth equity fund and is the largest first time growth equity fund in history.

Chynna Lewis – Researcher

Jurisdiction:

United States

Deal type:

Fund formation

Practice area:

Investment funds

Governing law:

United States

Industry sector:

Financial services

Firm:

Simpson Thacher & Bartlett

Party: Blackstone (Fund manager)

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