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Blackstone raises $4.6bn

Blackstone has held a final close on its Blackstone Life Sciences V fund.

By
Omar Alam
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  • Fund name: Blackstone Life Sciences V (BXLS V)
  • Amount raised: $4.6 billion
  • Stage of fundraising: Final close
  • First close date: July 2020

Blackstone’s latest final close on their oversubscribed Blackstone Life Sciences V fund, was reported to have hit its fundraising hard-cap. The massive fund plans to invest in established life science companies and provide late stage funding, but also aims to invest in newer developing companies.