Blackstone closed its “Largest Real Estate Credit Fund” with €6,87B

Blackstone closed its “Largest Real Estate Credit Fund” with €6,87B

Blackstone Real Estate Debt Strategies has 26 billion dollars (22,33 billion euro) of assets under management, and Blackstone Real Estate has a total of 167 billion dollars ( 143,44 billion euro) of investor capital under management as of the second quarter of 2020. BREDS IV will have flexible capital to lend around the globe and will deploy a variety of investment strategies, including lending, liquid securities, structured solutions to financial institutions, and corporate credit.

«This fundraise reflects the significant demand for capital in the real estate debt markets and the continued confidence in our business from our limited partners. The breadth and scale of our global real estate platform allow us to see a wide range of opportunities while bringing Blackstone’s expertise to every investment decision. We look forward to providing creative and comprehensive financing solutions to our borrowers», said Jonathan Pollack, Global Head of the Blackstone Real Estate Debt Strategies.

Press Released By Blackstone

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