Fundraising

Capital raised in final closes last year slid to $785bn, with total inflows to the smallest number of vehicles since 2019.

The fund's investors include state and county pension funds, corporate pension funds, sovereign wealth funds, endowments, foundations and insurance companies.

Still, some sectors will be more impacted than others as a result of potentially protectionist policies, according to the firm's president and COO.

Blackstone Tactical Opportunities Fund IV raised $4bn in side-car capital, sources told Buyouts, adding to the $5.2bn secured in the vehicle's close last summer.

Fund VI has already completed eight platform investments and ten follow-on acquisitions.

The pool's backers include endowments and foundations, family offices, registered investment advisors, and other institutional investors.

The impact of recent consolidation across alternative assets is being felt in GP stakes portfolios, which have grown substantially in the past decade.

Kirkland & Ellis lead on aggregate value and volume in our latest ranking of the most active law firms in private equity.

MEIF7's limited partners include pension funds, insurance companies, sovereign wealth funds, asset managers and fund of fund investors.

In today’s tougher fundraising environment, LPs have become more vocal and aggressive pushing back on terms and other aspects of the industry they feel create misalignment with their GPs.